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Innovative Designs (Innovative Designs) Price-to-Tangible-Book : 4.71 (As of May. 22, 2024)


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What is Innovative Designs Price-to-Tangible-Book?

As of today (2024-05-22), Innovative Designs's share price is $0.16. Innovative Designs's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $0.03. Hence, Innovative Designs's Price to Tangible Book Ratio of today is 4.71.

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

IVDN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.58   Med: 9.76   Max: 175
Current: 5.33

During the past 13 years, Innovative Designs's highest Price to Tangible Book Ratio was 175.00. The lowest was 2.58. And the median was 9.76.

IVDN's Price-to-Tangible-Book is ranked worse than
81.5% of 973 companies
in the Retail - Cyclical industry
Industry Median: 1.82 vs IVDN: 5.33

A closely related ratio is called PB Ratio. As of today, Innovative Designs's share price is $0.16. Innovative Designs's Book Value per Sharefor the quarter that ended in Jan. 2024 was $0.03. Hence, Innovative Designs's P/B Ratio of today is 4.71.


Innovative Designs Price-to-Tangible-Book Historical Data

The historical data trend for Innovative Designs'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.

Innovative Designs Price-to-Tangible-Book Chart

Innovative Designs Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.94 17.40 14.29 6.83 6.00

Innovative Designs 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.33 8.52 11.90 6.00 5.00

Competitive Comparison of Innovative Designs's Price-to-Tangible-Book

For the Apparel Retail subindustry, Innovative Designs'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.


Innovative Designs's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Innovative Designs's Price-to-Tangible-Book distribution charts can be found below:

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



Innovative Designs Price-to-Tangible-Book Calculation

Innovative Designs's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=0.16/0.034
=4.71

* 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.


Innovative Designs Price-to-Tangible-Book Related Terms

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


Innovative Designs (Innovative Designs) Business Description

Traded in Other Exchanges
N/A
Address
124 Cherry Street, Pittsburgh, PA, USA, 15223
Innovative Designs Inc markets cold-weather recreational and industrial clothing products, as well as house wrap, which is made from INSULTEX, a low density foamed polyethylene with buoyancy, scent block and thermal resistant properties. The business activity of the firm is operated through two segments Apparel and Housewrap. The Apparel segment offers a range of cold weather apparel and related items. The Housewrap segment includes its INSULTEX House Wrap and its own seam tape. It generates maximum revenue from the Housewrap segment.
Executives
Robert Kennedy Adams director 3509 WILLIAM PENN DR., SAN ANTONIO TX 78230
Donald Vincent Garlotta director 124 CHERRY STREET, PITTSBURGH PA 15223
Joseph Riccelli director, 10 percent owner, officer: Chief Executive Officer 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dean Kolocouris director 109 FOX PATH, MOON TWP PA 15108
Daniel P Rains director 2509 WIEWAN ROAD, ALIQUIPPA PA 15001
Robert D Monsour director 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Innovative Designs Inc director 124 CHERRY ST., STE 1, PITTSBURGH PA 15223
Joseph A Riccelli officer: Vice President 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dean P Kolocouris director 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Frank Riccelli director, 10 percent owner, officer: President 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dominic Cerniglia director 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Anthony Fonzi director, officer: Chief Financial Officer 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215

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