Solid State (LSE:SOLI) Price-to-Tangible-Book : 8.13 (As of May. 27, 2024)

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What is Solid State Price-to-Tangible-Book?

As of today (2024-05-27), Solid State's share price is £14.95. Solid State's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £1.84. Hence, Solid State's Price to Tangible Book Ratio of today is 8.13.

The historical rank and industry rank for Solid State's Price-to-Tangible-Book or its related term are showing as below:

LSE:SOLI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.16 Med: 4.55 Max: 9.54
Current: 8.13

During the past 13 years, Solid State's highest Price to Tangible Book Ratio was 9.54. The lowest was 2.16. And the median was 4.55.

LSE:SOLI's Price-to-Tangible-Book is ranked worse than
92.82% of 2298 companies
in the Hardware industry
Industry Median: 2.06 vs LSE:SOLI: 8.13

A closely related ratio is called PB Ratio. As of today, Solid State's share price is £14.95. Solid State's Book Value per Sharefor the quarter that ended in Sep. 2023 was £5.44. Hence, Solid State's P/B Ratio of today is 2.75.

Solid State Price-to-Tangible-Book Historical Data

The historical data trend for Solid State'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.

* Premium members only.

Solid State Price-to-Tangible-Book Chart

Solid State Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.94

2.29

7.93

8.94

7.49

Solid State Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															9.54	8.94	8.69	7.49	6.44

Competitive Comparison of Solid State's Price-to-Tangible-Book

For the Electronic Components subindustry, Solid State'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.

Solid State's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Solid State's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Solid State's Price-to-Tangible-Book falls into.

Solid State Price-to-Tangible-Book Calculation

Solid State's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	14.95	/	1.839
	=	8.13

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Solid State Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Solid State's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Solid State (LSE:SOLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solid State PLC (LSE:SOLI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hedera Road, 2 Ravensbank Business Park, Redditch, Worcestershire, GBR, B98 9EY

Website

https://www.solidstateplc.com

Solid State PLC is engaged in manufacturing as well as the distribution of electronic components and materials. The company's operating segment includes divisions which are Components and Systems. It generates maximum revenue from the Components division segment. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in the Rest of Europe, Asia, North America, and the Rest of the World. It generates revenue from products such as Computing, Communications, Power and Optoelectronics, and electronic components and modules.