NeoVolta (NeoVolta) Price-to-Tangible-Book : 15.88 (As of May. 09, 2024)

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What is NeoVolta Price-to-Tangible-Book?

As of today (2024-05-09), NeoVolta's share price is $2.70. NeoVolta's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.17. Hence, NeoVolta's Price to Tangible Book Ratio of today is 15.88.

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

NEOV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 9.41 Med: 15.13 Max: 41
Current: 15.88

During the past 3 years, NeoVolta's highest Price to Tangible Book Ratio was 41.00. The lowest was 9.41. And the median was 15.13.

NEOV's Price-to-Tangible-Book is ranked worse than
95.89% of 2821 companies
in the Industrial Products industry
Industry Median: 2.15 vs NEOV: 15.88

A closely related ratio is called PB Ratio. As of today, NeoVolta's share price is $2.70. NeoVolta's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.17. Hence, NeoVolta's P/B Ratio of today is 15.88.

NeoVolta Price-to-Tangible-Book Historical Data

The historical data trend for NeoVolta'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.

NeoVolta Price-to-Tangible-Book Chart

NeoVolta Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

41.00

32.27

16.79

NeoVolta Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial						12.74	12.74	16.79	13.46	9.41

Competitive Comparison of NeoVolta's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, NeoVolta'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.

NeoVolta's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NeoVolta's Price-to-Tangible-Book distribution charts can be found below:

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

NeoVolta Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.70	/	0.17
	=	15.88

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.

NeoVolta Price-to-Tangible-Book Related Terms

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

NeoVolta (NeoVolta) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NeoVolta Inc (NAS:NEOV) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

13651 Danielson Street, Suite A, Poway, CA, USA, 92064

Website

https://www.neovolta.com

NeoVolta Inc is engaged in designing, manufacturing and sale of high end Energy Storage System which can store and use solar energy via batteries and an inverter at a residential site. Its market place includes solar industry, installers, new construction homebuilders, home remodelers, and homeowners.

Executives

Steve Bond	director, officer: Chief Financial Officer	28839 PUJOL ST., #832, TEMECULA CA 92590
Brent Willson	director	5271 CAMINITO EXQUISITO, SAN DIEGO CA 92130
Susan H Snow	director	26 SEDGE FERN DRIVE, HILTON HEAD SC 29926
John A Hass	director	C/O NEOVOLTA, INC., 13651 DANIELSON STREET, SUITE A, POWAY CA 92064
James F Amos	director	C/O NEOVOLTA, INC., 13651 DANIELSON STREET, SUITE A, POWAY CA 92064