General Electric Co (XBRU:GEBC) Price-to-Tangible-Book : 19.51 (As of Apr. 27, 2024)

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What is General Electric Co Price-to-Tangible-Book?

As of today (2024-04-27), General Electric Co's share price is €19.51. General Electric Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €1.00. Hence, General Electric Co's Price to Tangible Book Ratio of today is 19.51.

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

XBRU:GEBC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.46 Med: 10.8 Max: 167.51
Current: 16.15

During the past 13 years, General Electric Co's highest Price to Tangible Book Ratio was 167.51. The lowest was 2.46. And the median was 10.80.

XBRU:GEBC's Price-to-Tangible-Book is ranked worse than
91.12% of 259 companies
in the Aerospace & Defense industry
Industry Median: 3.12 vs XBRU:GEBC: 16.15

A closely related ratio is called PB Ratio. As of today, General Electric Co's share price is €19.51. General Electric Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was €2.71. Hence, General Electric Co's P/B Ratio of today is 7.19.

General Electric Co Price-to-Tangible-Book Historical Data

The historical data trend for General Electric Co'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.

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General Electric Co Price-to-Tangible-Book Chart

General Electric Co Annual Data

Trend

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Price-to-Tangible-Book

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General Electric Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of General Electric Co's Price-to-Tangible-Book

For the Aerospace & Defense subindustry, General Electric Co'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.

General Electric Co's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, General Electric Co's Price-to-Tangible-Book distribution charts can be found below:

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

General Electric Co Price-to-Tangible-Book Calculation

General Electric Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	19.51	/	1
	=	19.51

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.

General Electric Co Price-to-Tangible-Book Related Terms

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

General Electric Co (XBRU:GEBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » General Electric Co (XBRU:GEBC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

GE:USA GE:Peru GE:Mexico 1GE:Italy GEC:UK GNE:France GCP:Germany GE:Chile GE:Switzerland GEOO34:Brazil GE:Argentina

Address

5 Necco Street, Boston, MA, USA, 02210

Website

https://www.ge.com

GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.

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