Hovnanian Enterprises (Hovnanian Enterprises) Price-to-Tangible-Book : 2.26 (As of May. 03, 2024)

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What is Hovnanian Enterprises Price-to-Tangible-Book?

As of today (2024-05-03), Hovnanian Enterprises's share price is $175.00. Hovnanian Enterprises's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $77.40. Hence, Hovnanian Enterprises's Price to Tangible Book Ratio of today is 2.26.

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

HOVVB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.95 Med: 1.7 Max: 13.31
Current: 1.94

During the past 13 years, Hovnanian Enterprises's highest Price to Tangible Book Ratio was 13.31. The lowest was 0.95. And the median was 1.70.

HOVVB's Price-to-Tangible-Book is ranked worse than
74% of 100 companies
in the Homebuilding & Construction industry
Industry Median: 1.26 vs HOVVB: 1.94

A closely related ratio is called PB Ratio. As of today, Hovnanian Enterprises's share price is $175.00. Hovnanian Enterprises's Book Value per Sharefor the quarter that ended in Jan. 2024 was $77.40. Hence, Hovnanian Enterprises's P/B Ratio of today is 2.26.

Hovnanian Enterprises Price-to-Tangible-Book Historical Data

The historical data trend for Hovnanian Enterprises'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.

Hovnanian Enterprises Price-to-Tangible-Book Chart

Hovnanian Enterprises Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.97

1.60

1.20

Hovnanian Enterprises 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															0.93	0.83	0.71	1.20	2.26

Competitive Comparison of Hovnanian Enterprises's Price-to-Tangible-Book

For the Residential Construction subindustry, Hovnanian Enterprises'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.

Hovnanian Enterprises's Price-to-Tangible-Book Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Hovnanian Enterprises's Price-to-Tangible-Book distribution charts can be found below:

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

Hovnanian Enterprises Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	175.00	/	77.398
	=	2.26

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.

Hovnanian Enterprises Price-to-Tangible-Book Related Terms

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Hovnanian Enterprises (Hovnanian Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Hovnanian Enterprises Inc (OTCPK:HOVVB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

HOV:USA HOVNP.PFD:USA HO3A:Germany

Address

90 Matawan Road, Fifth Floor, Matawan, NJ, USA, 07747

Website

https://www.khov.com

Hovnanian Enterprises Inc conducts all of its homebuilding and financial services operations . The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It has two distinct operations: homebuilding and financial services. Its homebuilding operations are divided geographically into three segments; Northeast which includes Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia; Southeast which includes Florida, Georgia and South Carolina; and West which includes Arizona, California and Texas. The firm generates maximum revenue from West Segment.