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Lowe's (LTS:0JVQ) Price-to-Tangible-Book : (As of Dec. 13, 2024)


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What is Lowe's Price-to-Tangible-Book?

As of today (2024-12-13), Lowe's's share price is $263.8101. Lowe's's Tangible Book per Share of Oct. 2024 for the quarter that ended in Oct. 2024 was $-23.75. Hence, Lowe's's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Lowe's's highest Price to Tangible Book Ratio was 119.78. The lowest was 6.53. And the median was 16.27.

LTS:0JVQ's Price-to-Tangible-Book is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.84
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Lowe's's share price is $263.8101. Lowe's's Book Value per Sharefor the quarter that ended in Oct. 2024 was $-23.75. Hence, Lowe's's P/B Ratio of today is .


Lowe's Price-to-Tangible-Book Historical Data

The historical data trend for Lowe's'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.

Lowe's Price-to-Tangible-Book Chart

Lowe's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 119.62 - - -

Lowe's Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 - - - - -

Competitive Comparison of Lowe's's Price-to-Tangible-Book

For the Home Improvement Retail subindustry, Lowe's'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.


Lowe's's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lowe's's Price-to-Tangible-Book distribution charts can be found below:

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



Lowe's Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2024 )
=263.8101/-23.75
=

* 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.


Lowe's Price-to-Tangible-Book Related Terms

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


Lowe's Business Description

Address
1000 Lowes Boulevard, Mooresville, NC, USA, 28117
Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's primarily targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers, but has expanded its commercial and professional business clients to 25% from less than 20% in the past six years. We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on US Census data and management's market size estimates.

Lowe's Headlines

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