As of today (2024-05-01), Inseego's share price is $4.03. Inseego's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-12.73. Hence, Inseego's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Inseego's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Inseego's highest Price to Tangible Book Ratio was 5.07. The lowest was 5.07. And the median was 5.07.
INSG's Price-to-Tangible-Book is not ranked *
in the Hardware industry.
Industry Median: 2.05 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Inseego's share price is $4.03. Inseego's Book Value per Sharefor the quarter that ended in Dec. 2023 was $-8.60. Hence, Inseego's P/B Ratio of today is .
Inseego Price-to-Tangible-Book Historical Data
The historical data trend for Inseego'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.
Competitive Comparison of Inseego's Price-to-Tangible-Book
For the Communication Equipment subindustry, Inseego'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.
Inseego's Price-to-Tangible-Book Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Inseego's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Inseego's Price-to-Tangible-Book falls into.
Inseego Price-to-Tangible-Book Calculation
Inseego's price-to-tangible-book ratio for today is calculated as:
* 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.
Be Aware
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.
Inseego Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Inseego's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Inseego Corp is into the design and development of fixed and mobile wireless solutions (advanced 4G and 5G NR), Industrial Internet of Things and cloud solutions for enterprises, service providers, small and medium-sized businesses, governments, and consumers around the globe. The product portfolio consists of fixed and mobile device-to-cloud solutions that provide secure end-to-end IoT services with deep business intelligence. The Company's products and services include intelligent mobile hotspots, wireless routers for IoT applications, USB modems, integrated telematics and mobile tracking hardware devices, which are supported by applications software and cloud services designed to enable customers to easily analyze data insights and configure and manage their hardware.
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