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National Instruments (National Instruments) Price-to-Tangible-Book : 20.63 (As of May. 11, 2024)


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What is National Instruments Price-to-Tangible-Book?

As of today (2024-05-11), National Instruments's share price is $59.98. National Instruments's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $2.91. Hence, National Instruments's Price to Tangible Book Ratio of today is 20.63.

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

NATI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.34   Med: 6.88   Max: 20.63
Current: 20.61

During the past 13 years, National Instruments's highest Price to Tangible Book Ratio was 20.63. The lowest was 4.34. And the median was 6.88.

NATI's Price-to-Tangible-Book is not ranked
in the Software industry.
Industry Median: 3.61 vs NATI: 20.61

A closely related ratio is called PB Ratio. As of today, National Instruments's share price is $59.98. National Instruments's Book Value per Sharefor the quarter that ended in Jun. 2023 was $9.17. Hence, National Instruments's P/B Ratio of today is 6.54.


National Instruments Price-to-Tangible-Book Historical Data

The historical data trend for National Instruments'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.

National Instruments Price-to-Tangible-Book Chart

National Instruments Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.98 6.66 9.87 13.52 14.24

National Instruments Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 12.61 15.86 14.24 19.40 19.74

Competitive Comparison of National Instruments's Price-to-Tangible-Book

For the Software - Application subindustry, National Instruments'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.


National Instruments's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, National Instruments's Price-to-Tangible-Book distribution charts can be found below:

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



National Instruments Price-to-Tangible-Book Calculation

National Instruments's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=59.98/2.908
=20.63

* 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.


National Instruments Price-to-Tangible-Book Related Terms

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


National Instruments (National Instruments) Business Description

Traded in Other Exchanges
N/A
Address
11500 North MoPac Expressway, Austin, TX, USA, 78759
National Instruments provides testing and measurement equipment and integrated, software-led solutions to serve high-complexity automated testing in late product development. NI serves a long tail of more than 30,000 customers in myriad end markets but focuses on the semiconductor, transportation, and aerospace and defense verticals.
Executives
Ritu Favre officer: Executive Vice President 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Scott Arthur Rust officer: Executive Vice President C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Alexander M Davern officer: Senior Vice President and CFO C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Thomas Benjamin officer: Executive Vice President C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC EXPRESSWAY, AUSTIN TX 78759
Eric Howard Starkloff director, officer: President & CEO 11500 NORTH MOPAC, BUILDING C, AUSTIN TX 78759
Daniel Berenbaum officer: Chief Financial Officer, EVP C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226
Cashman James E Iii director 2600 ANSYS DRIVE, CANONSBURG PA 15317
Gerhard Paul Fettweis director C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Michael E Mcgrath director 11701 LUNA ROAD, DALLAS TX 75234
Liam Griffin director 5260 CALIFORNIA AVENUE, IRVINE CA 92617
Gayla J Delly director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Jason Elliot Green officer: Chief Revenue Officer & EVP C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Karen Marie Rapp officer: Chief Financial Officer & EVP C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Carla Pineyro Sublett officer: Chief Marketing Officer C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Jeffrey L Kodosky director C/O NATIONAL INSTRUMENTS CORP, 11500 N. MOPAC EXPRESSWAY, AUSTIN TX 78759

National Instruments (National Instruments) Headlines

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