As of today (2024-04-28), Badger Meter's share price is $185.52. Badger Meter's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $12.58. Hence, Badger Meter's Price to Tangible Book Ratio of today is 14.75.
The historical rank and industry rank for Badger Meter's Price-to-Tangible-Book or its related term are showing as below:
BMI'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.28 Med: 8.81 Max: 14.75
Current: 14.75
During the past 13 years, Badger Meter's highest Price to Tangible Book Ratio was 14.75. The lowest was 6.28. And the median was 8.81.
BMI's Price-to-Tangible-Book is ranked worse than 96.66% of 2305
companies
in the Hardware industry
Industry Median: 2.03
vs BMI: 14.75
Badger Meter Price-to-Tangible-Book Historical Data
The historical data trend for Badger Meter'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.
Competitive Comparison of Badger Meter's Price-to-Tangible-Book
For the Scientific & Technical Instruments subindustry, Badger Meter'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.
Badger Meter's Price-to-Tangible-Book Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Badger Meter's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Badger Meter's Price-to-Tangible-Book falls into.
Badger Meter Price-to-Tangible-Book Calculation
Badger Meter's price-to-tangible-book ratio for today is calculated as:
* 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.
Badger Meter Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Badger Meter's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Badger Meter Inc is an innovator, manufacturer, and marketer of products incorporating flow measurement, quality, control, and other system solutions serving markets. The company's products measure water, oil, chemicals, and other fluids, and provide and communicate timely measurement data. Badger's product lines include two categories: sales of water meters, radios, software, and related technologies, and water quality monitoring solutions to water utilities (utility water) and sales of meters and other sensing instruments, valves, software, and other solutions for industrial applications in water, wastewater, and other industries (flow instrumentation). It derives a majority of its revenues from the United States.
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