Ionics (PHS:ION) Price-to-Tangible-Book : 0.17 (As of Dec. 15, 2024)

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What is Ionics Price-to-Tangible-Book?

As of today (2024-12-15), Ionics's share price is ₱0.82. Ionics's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ₱4.71. Hence, Ionics's Price to Tangible Book Ratio of today is 0.17.

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

PHS:ION' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.13 Med: 0.3 Max: 1.26
Current: 0.18

During the past 13 years, Ionics's highest Price to Tangible Book Ratio was 1.26. The lowest was 0.13. And the median was 0.30.

PHS:ION's Price-to-Tangible-Book is ranked better than
99.04% of 2284 companies
in the Hardware industry
Industry Median: 2.18 vs PHS:ION: 0.18

A closely related ratio is called PB Ratio. As of today, Ionics's share price is ₱0.82. Ionics's Book Value per Sharefor the quarter that ended in Sep. 2024 was ₱4.71. Hence, Ionics's P/B Ratio of today is 0.17.

Ionics Price-to-Tangible-Book Historical Data

The historical data trend for Ionics'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.

Ionics Price-to-Tangible-Book Chart

Ionics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.35

0.33

0.18

0.13

0.23

Ionics 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															0.26	0.23	0.28	0.18	0.18

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

For the Consumer Electronics subindustry, Ionics'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.

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

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

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

Ionics Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2024 )
	=	0.82	/	4.713
	=	0.17

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.

Ionics Price-to-Tangible-Book Related Terms

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

Ionics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ionics Inc (PHS:ION) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Circuit Street, Light Industry and Science Park of the Philippines-I, Bo. Diezmo, Cabuyao, LAG, PHL, 4025

Website

http://www.ionicsgroup.com

Ionics Inc engages in the designing and manufacturing of electronic products, plastic injection molding, property holdings, and management. The company's operating segment includes Computer Peripheral; Telecom; Automotive; Consumer Electronics; Real Estate and Others. It generates maximum revenue from the Consumer Electronics segment. The Consumer Electronics segment, designs, builds, ships, and provides logistics services for its customers in the digital media devices, digital television capture, and audio products industries. Geographically, it derives a majority of its revenue from Asia and also has a presence in Europe and North America.