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Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Hammond Power Solutions Price-to-Tangible-Book Related Terms
Hammond Power Solutions Price-to-Tangible-Book Historical Data
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The historical data trend for Hammond Power Solutions's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hammond Power Solutions Price-to-Tangible-Book Chart
HMDPF vs VRT, BE: Price-to-Tangible-Book Comparison
For the Electrical Equipment & Parts subindustry, Hammond Power Solutions's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hammond Power Solutions Price-to-Tangible-Book vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hammond Power Solutions's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Hammond Power Solutions's Price-to-Tangible-Book falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Hammond Power Solutions (HMDPF) has a Price-to-Tangible-Book of 8.42 as of Sep. 22, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Hammond Power Solutions and its competitors. According to the industry distribution chart, Hammond Power Solutions ranks #2494 out of 2896 companies in the Industrial Products industry, placing it in the top 86.1%.
Is Hammond Power Solutions' Price-to-Tangible-Book too high?
Hammond Power Solutions' current Price-to-Tangible-Book is 8.42. The Industrial Products industry median Price-to-Tangible-Book is 2.48. Hammond Power Solutions' value of 8.42 is 239.5% above this industry median. Based on the distribution chart, Hammond Power Solutions ranks #2494 out of 2896 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hammond Power Solutions has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hammond Power Solutions' Price-to-Tangible-Book compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hammond Power Solutions ranks #2494 out of 2896 companies for Price-to-Tangible-Book. This places Hammond Power Solutions in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.48. Hammond Power Solutions' value of 8.42 is 239.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Industrial Products company?
The median Price-to-Tangible-Book among Industrial Products companies is 2.48, based on 2,896 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hammond Power Solutions's current Price-to-Tangible-Book of 8.42 is 239.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Hammond Power Solutions and its competitors. For the Industrial Products industry, the median Price-to-Tangible-Book is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hammond Power Solutions's current Price-to-Tangible-Book is 8.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hammond Power Solutions stock overvalued right now?
Based on GuruFocus' analysis, Hammond Power Solutions (HMDPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $134.53, compared to a current price of $179.20 — trading 33.2% above its estimated fair value. The current Price-to-Tangible-Book is 8.42 and 239.5% above the Industrial Products industry median of 2.48. Hammond Power Solutions' overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Hammond Power Solutions (HMDPF), the current Price-to-Tangible-Book is 8.42 as of Sep. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hammond Power Solutions (HMDPF) Overvalued in 2026?
Based on GuruFocus' analysis, Hammond Power Solutions stock appears to be overvalued.
The current stock price of $179.20 is trading 33.2% above its estimated GF Value™ of $134.53.
GuruFocus considers Hammond Power Solutions to be Significantly Overvalued.
Key valuation signals for HMDPF:
Price-to-Tangible-Book: 8.42
GF Value™: $134.53 vs. price of $179.20 (33.2% above fair value)
Industry Position: 239.5% above the Industrial Products median (#2494 of 2896)
No single metric tells the full story. See the HMDPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hammond Power Solutions Inc is engaged in designing and manufacturing custom electrical magnetics, cast resin, custom liquid-filled distribution and power transformers, and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India. The company operates in various geographical markets including Canada, the United States, Mexico, and India from which it derives majority revenue in the United States and Mexico.
94GF Score
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