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Inno Holdings (Inno Holdings) Price-to-Tangible-Book : 2.37 (As of May. 12, 2024)


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What is Inno Holdings Price-to-Tangible-Book?

As of today (2024-05-12), Inno Holdings's share price is $0.6111. Inno Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.26. Hence, Inno Holdings's Price to Tangible Book Ratio of today is 2.37.

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

INHD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.35   Med: 5.58   Max: 5.58
Current: 2.35

During the past 3 years, Inno Holdings's highest Price to Tangible Book Ratio was 5.58. The lowest was 2.35. And the median was 5.58.

INHD's Price-to-Tangible-Book is ranked worse than
77.41% of 602 companies
in the Steel industry
Industry Median: 1.04 vs INHD: 2.35

A closely related ratio is called PB Ratio. As of today, Inno Holdings's share price is $0.6111. Inno Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.26. Hence, Inno Holdings's P/B Ratio of today is 2.37.

Inno Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Inno Holdings'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.

Inno Holdings Price-to-Tangible-Book Chart

Inno Holdings Annual Data
Trend Sep21 Sep22 Sep23
Price-to-Tangible-Book
- - -

Inno Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 5.58

Competitive Comparison of Inno Holdings's Price-to-Tangible-Book

For the Steel subindustry, Inno Holdings'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.

Inno Holdings's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Inno Holdings's Price-to-Tangible-Book distribution charts can be found below:

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


Inno Holdings Price-to-Tangible-Book Calculation

Inno Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.6111/0.258
=2.37

* 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:

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.

Inno Holdings Price-to-Tangible-Book Related Terms

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

Inno Holdings (Inno Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Inno Holdings Inc (NAS:INHD) » Definitions » Price-to-Tangible-Book
Comparable Companies
Traded in Other Exchanges
N/A
Address
2465 Farm Market 359 South, Brookshire, TX, USA, 77423
Website
https://www.innometalstuds.com
Inno Holdings Inc is a building technology company with a mission to transform the construction industry with its proprietary cold-formed steel-framing technology and other innovations. It is a manufacturer of cold-formed-steel members and prefabricated homes. It offers a full range of services required to transform raw materials into precise steel framing products and prefabricated homes. The company sells these finished products either to businesses or directly to customers. The finished products and cold-formed-steel members are used in a variety of building types, including residential, commercial, industrial and infrastructure.