As of today (2024-04-27), Flowserve's share price is $46.76. Flowserve's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.83. Hence, Flowserve's Price to Tangible Book Ratio of today is 9.69.
The historical rank and industry rank for Flowserve's Price-to-Tangible-Book or its related term are showing as below:
FLS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.66 Med: 15.81 Max: 31.7
Current: 9.68
During the past 13 years, Flowserve's highest Price to Tangible Book Ratio was 31.70. The lowest was 7.66. And the median was 15.81.
FLS's Price-to-Tangible-Book is ranked worse than 91.6% of 2821
companies
in the Industrial Products industry
Industry Median: 2.1
vs FLS: 9.68
A closely related ratio is called PB Ratio. As of today, Flowserve's share price is $46.76. Flowserve's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.79. Hence, Flowserve's P/B Ratio of today is 3.16.
Flowserve Price-to-Tangible-Book Historical Data
The historical data trend for Flowserve'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 Flowserve's Price-to-Tangible-Book
For the Specialty Industrial Machinery subindustry, Flowserve'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.
Flowserve's Price-to-Tangible-Book Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Flowserve's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Flowserve's Price-to-Tangible-Book falls into.
Flowserve Price-to-Tangible-Book Calculation
Flowserve'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.
Flowserve Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Flowserve's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Flowserve Corp is a manufacturer and aftermarket service provider of comprehensive flow control systems. It develops precision-engineered flow control equipment to monitor movement and protect customers' materials and processes. It offers an extensive range of pumps, valves, seals, and services for several global industries, including oil and gas, chemical, power generation, and water management. In addition, Flowserve has a worldwide network of Quick Response Centers to provide aftermarket equipment services. The aftermarket services help customers with installation, advanced diagnostics, repair, and retrofitting. Sales are roughly split across many global regions, with North America and Europe contributing the majority of total revenue.
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