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FTAI Infrastructure (FTAI Infrastructure) Price-to-Tangible-Book : 11.37 (As of Jun. 01, 2024)


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What is FTAI Infrastructure Price-to-Tangible-Book?

As of today (2024-06-01), FTAI Infrastructure's share price is $8.55. FTAI Infrastructure's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.75. Hence, FTAI Infrastructure's Price to Tangible Book Ratio of today is 11.37.

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

FIP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96   Med: 1.39   Max: 11.4
Current: 11.4

During the past 5 years, FTAI Infrastructure's highest Price to Tangible Book Ratio was 11.40. The lowest was 0.96. And the median was 1.39.

FIP's Price-to-Tangible-Book is ranked worse than
95.82% of 479 companies
in the Conglomerates industry
Industry Median: 1.15 vs FIP: 11.40

A closely related ratio is called PB Ratio. As of today, FTAI Infrastructure's share price is $8.55. FTAI Infrastructure's Book Value per Sharefor the quarter that ended in Mar. 2024 was $3.96. Hence, FTAI Infrastructure's P/B Ratio of today is 2.16.

FTAI Infrastructure Price-to-Tangible-Book Historical Data

The historical data trend for FTAI Infrastructure'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.

FTAI Infrastructure Price-to-Tangible-Book Chart

FTAI Infrastructure Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - 1.27 2.50

FTAI Infrastructure Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.24 1.39 1.57 2.50 8.35

Competitive Comparison of FTAI Infrastructure's Price-to-Tangible-Book

For the Conglomerates subindustry, FTAI Infrastructure'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.

FTAI Infrastructure's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, FTAI Infrastructure's Price-to-Tangible-Book distribution charts can be found below:

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


FTAI Infrastructure Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=8.55/0.752
=11.37

* 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.

FTAI Infrastructure Price-to-Tangible-Book Related Terms

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

FTAI Infrastructure (FTAI Infrastructure) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » FTAI Infrastructure Inc (NAS:FIP) » Definitions » Price-to-Tangible-Book
Comparable Companies
TRC TUSK GTII RCMT FBYD SPGX NNBR HHS ALPP FUNN ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 ADX:ALPHADHABI MMM TSE:8002 HKSE:00267
Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105
Website
https://www.fipinc.com
FTAI Infrastructure Inc is engaged in five segments; Railroad segment includes five freight railroads and one switching company that provide rail service to certain manufacturing and production facilities, the Jefferson Terminal segment consists of a multi-modal crude oil and refined products terminal and other related assets. Repauno segment consists of a 1,630-acre deep-water port located along the Delaware River with an underground storage cavern, a new multipurpose dock, a rail-to-ship transloading system, and multiple industrial development opportunities. Power and Gas segment is comprised of an equity method investment in Long Ridge, and Sustainability and Energy Transition segment is comprised of Aleon/Gladieux, Clean Planet, and CarbonFree.
Executives
Scott Christopher officer: CFO, CAO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Kenneth J. Nicholson officer: President and CEO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Adams Joseph P. Jr. director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
James L. Hamilton director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Ray M Robinson director 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Washington State Investment Board 10 percent owner 2100 EVERGREEN PARK DR SW, PO BOX 40916, OLYMPIA WA 98504-0916
Judith A Hannaway director C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fortress Transportation & Infrastructure Investors Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Worldwide Transportation & Infrastructure General Partnership 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105