GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Picanol NV (LTS:0FM2) » Definitions » Price-to-Tangible-Book

Picanol NV (LTS:0FM2) Price-to-Tangible-Book : 1.96 (As of Jun. 24, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Picanol NV Price-to-Tangible-Book?

As of today (2024-06-24), Picanol NV's share price is €71.80. Picanol NV's Tangible Book per Share of Jun. 2022 for the quarter that ended in Jun. 2022 was €36.66. Hence, Picanol NV's Price to Tangible Book Ratio of today is 1.96.

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

LTS:0FM2's Price-to-Tangible-Book is not ranked *
in the Industrial Products industry.
Industry Median: 2.04
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Picanol NV's share price is €71.80. Picanol NV's Book Value per Sharefor the quarter that ended in Jun. 2022 was €59.61. Hence, Picanol NV's P/B Ratio of today is 1.20.


Picanol NV Price-to-Tangible-Book Historical Data

The historical data trend for Picanol NV'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.

Picanol NV Price-to-Tangible-Book Chart

Picanol NV Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.59 13.84 6.21 3.59 2.32

Picanol NV Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.69 3.59 3.13 2.32 1.96

Competitive Comparison of Picanol NV's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Picanol NV'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.


Picanol NV's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Picanol NV's Price-to-Tangible-Book distribution charts can be found below:

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



Picanol NV Price-to-Tangible-Book Calculation

Picanol NV's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2022 )
=71.80/36.661
=1.96

* 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.


Picanol NV Price-to-Tangible-Book Related Terms

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


Picanol NV (LTS:0FM2) Business Description

Traded in Other Exchanges
N/A
Address
Steverlyncklaan 15, Ieper, BEL, 8900
Picanol NV is a Belgium-based company that develops, manufactures, and distributes weaving machines, engineered casting solutions, and customized controllers. The company, through Weaving Machines (Picanol), supplies weaving machines to global weaving mills, as well as related services. Picanol also markets accessories via GTP Global Textile Partner. Also, the Picanol Group is involved in other business activities including foundry activities and mechanic finishing activities. The group's operating segment comprises Machines & Technologies; Agro; Bio-valorization; Industrial Solutions; and T-Power.

Picanol NV (LTS:0FM2) Headlines

No Headlines