As of today (2024-05-05), FLIR Systems's share price is $57.17. FLIR Systems's Tangible Book per Share of Mar. 2021 for the quarter that ended in Mar. 2021 was $2.48. Hence, FLIR Systems's Price to Tangible Book Ratio of today is 23.08.
The historical rank and industry rank for FLIR Systems's Price-to-Tangible-Book or its related term are showing as below:
FLIR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 18.81 Med: 20.88 Max: 29.95
Current: 23.05
During the past 13 years, FLIR Systems's highest Price to Tangible Book Ratio was 29.95. The lowest was 18.81. And the median was 20.88.
FLIR's Price-to-Tangible-Book is not ranked
in the Hardware industry.
Industry Median: 2.04
vs FLIR: 23.05
FLIR Systems Price-to-Tangible-Book Historical Data
The historical data trend for FLIR Systems'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 FLIR Systems's Price-to-Tangible-Book
For the Scientific & Technical Instruments subindustry, FLIR Systems'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.
FLIR Systems's Price-to-Tangible-Book Distribution in the Hardware Industry
For the Hardware industry and Technology sector, FLIR Systems's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where FLIR Systems's Price-to-Tangible-Book falls into.
FLIR Systems Price-to-Tangible-Book Calculation
FLIR Systems'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.
FLIR Systems Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of FLIR Systems's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
FLIR Systems Inc designs, develops, markets, and distributes technologies that detect people, objects, and substances. The company's two business units are Industrial Technologies and Defense Technologies segment. The Industrial Technologies segment develops components used to create thermal, industrial, and other imaging systems. The Defense Technologies unit develops imaging and recognition solutions for military, law enforcement, and other government customers. The company operates around the world, with a significant portion of revenue coming from the United States.
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