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Zoetis (MIL:1ZTS) Price-to-Tangible-Book : 65.23 (As of Dec. 15, 2024)


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What is Zoetis Price-to-Tangible-Book?

As of today (2024-12-15), Zoetis's share price is €169.72. Zoetis's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was €2.60. Hence, Zoetis's Price to Tangible Book Ratio of today is 65.23.

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

MIL:1ZTS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 61.7   Med: 120.43   Max: 297.96
Current: 61.7

During the past 13 years, Zoetis's highest Price to Tangible Book Ratio was 297.96. The lowest was 61.70. And the median was 120.43.

MIL:1ZTS's Price-to-Tangible-Book is ranked worse than
98.93% of 842 companies
in the Drug Manufacturers industry
Industry Median: 2.405 vs MIL:1ZTS: 61.70

A closely related ratio is called PB Ratio. As of today, Zoetis's share price is €169.72. Zoetis's Book Value per Sharefor the quarter that ended in Sep. 2024 was €10.44. Hence, Zoetis's P/B Ratio of today is 16.25.


Zoetis Price-to-Tangible-Book Historical Data

The historical data trend for Zoetis'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.

Zoetis Price-to-Tangible-Book Chart

Zoetis Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 99.97

Zoetis Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 99.97 78.33 80.82 67.78

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

For the Drug Manufacturers - Specialty & Generic subindustry, Zoetis'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.


Zoetis's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zoetis's Price-to-Tangible-Book distribution charts can be found below:

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



Zoetis Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=169.72/2.602
=65.23

* 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.


Zoetis Price-to-Tangible-Book Related Terms

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


Zoetis Business Description

Comparable Companies
Address
10 Sylvan Way, Parsippany, NJ, USA, 07054
Zoetis sells anti-infectives, vaccines, parasiticides, diagnostics, and other health products for animals. The firm earns roughly 35% of total revenue from production animals (cattle, pigs, poultry, and so on), and nearly 65% from companion animal (dogs, horses, cats) products. Its us business is skewed even more heavily toward companion animals, while its international business is slightly skewed toward production animals. The firm has the largest market share in the industry and was previously Pfizer's animal health unit.

Zoetis Headlines

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