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Frequency Electronics (Frequency Electronics) Price-to-Tangible-Book : 2.53 (As of Apr. 30, 2024)


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What is Frequency Electronics Price-to-Tangible-Book?

As of today (2024-04-30), Frequency Electronics's share price is $9.60. Frequency Electronics's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $3.80. Hence, Frequency Electronics's Price to Tangible Book Ratio of today is 2.53.

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

FEIM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 1.47   Max: 2.69
Current: 2.53

During the past 13 years, Frequency Electronics's highest Price to Tangible Book Ratio was 2.69. The lowest was 0.84. And the median was 1.47.

FEIM's Price-to-Tangible-Book is ranked worse than
61.53% of 2308 companies
in the Hardware industry
Industry Median: 2.04 vs FEIM: 2.53

A closely related ratio is called PB Ratio. As of today, Frequency Electronics's share price is $9.60. Frequency Electronics's Book Value per Sharefor the quarter that ended in Jan. 2024 was $3.87. Hence, Frequency Electronics's P/B Ratio of today is 2.48.


Frequency Electronics Price-to-Tangible-Book Historical Data

The historical data trend for Frequency Electronics'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.

Frequency Electronics Price-to-Tangible-Book Chart

Frequency Electronics Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.71 1.81 1.64 1.90

Frequency Electronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.77 1.90 1.88 1.97 2.69

Competitive Comparison of Frequency Electronics's Price-to-Tangible-Book

For the Communication Equipment subindustry, Frequency Electronics'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.


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

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

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



Frequency Electronics Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=9.60/3.801
=2.53

* 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.


Frequency Electronics Price-to-Tangible-Book Related Terms

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


Frequency Electronics (Frequency Electronics) Business Description

Traded in Other Exchanges
Address
55 Charles Lindbergh Boulevard, Mitchel Field, NY, USA, 11553
Frequency Electronics Inc is engaged in the design, development, and manufacture of high-precision timing, and frequency control products for space, air, sea, and terrestrial applications. The company has FEI-NY and FEI-Zyfer reportable segments. It derives the majority of its revenues from the FEI-NY segment. FEI-NY segment operations consist principally of precision time and frequency control products used in three principal markets namely communication satellites (both commercial and U.S. Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military.
Executives
Russell M Sarachek director 4718 FOXHALL CRESCENTS NW, WASHINGTON DC 20007
Edenbrook Long Only Value Fund, Lp director, 10 percent owner EDENBROOK CAPITAL, LLC, 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Steven E Strang officer: President, FEI-Zyfer, Inc. C/O FREQUENCY ELECTRONICS, INC., 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Thomas Mcclelland officer: Vice President, Comml Products C/O FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Stanton D Sloane director COMTECH TELECOMMUNICATIONS CORP., 68 SOUTH SERVICE RD., SUITE 230, MELVILLE NY 11747
John Patrick Caulfield officer: VP of Manufacturing C/O FREQUENCY ELECTRONICS, 55 CHARLES LINDBERGH BLVD., MITCHEL FIELD NY 11533
Edenbrook Capital, Llc director, 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Martin B Bloch director, officer: President FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Robert Schwartz director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Jonathan Brolin director, 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
Privet Fund Lp 10 percent owner, other: See Explanation of Responses 3280 PEACHTREE ROAD NE, SUITE 2670, Atlanta GA 30305
Oleandro Mancini officer: Vice President, Bus. Develop C/O FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Lance W Lord director 1110 TRUMPETERS COURT, MONUMENT CO 80132
Steven Lawrence Bernstein officer: Chief Financial Officer C/O FREQUENCY ELECTRONICS INC., 55 CHARLES LINDBERGH BLVD., MITCHEL FIELD NY 11553
Ryan Levenson 10 percent owner, other: See Explanation of Responses 2396 DELLWOOD DRIVE, ATLANTA GA 30305

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