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Electronic Systems Technology (Electronic Systems Technology) Price-to-Tangible-Book : 0.84 (As of Jun. 05, 2024)


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What is Electronic Systems Technology Price-to-Tangible-Book?

As of today (2024-06-05), Electronic Systems Technology's share price is $0.2636. Electronic Systems Technology's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.31. Hence, Electronic Systems Technology's Price to Tangible Book Ratio of today is 0.84.

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

ELST' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.66   Med: 0.88   Max: 1.37
Current: 0.85

During the past 13 years, Electronic Systems Technology's highest Price to Tangible Book Ratio was 1.37. The lowest was 0.66. And the median was 0.88.

ELST's Price-to-Tangible-Book is ranked better than
83.91% of 2300 companies
in the Hardware industry
Industry Median: 2.08 vs ELST: 0.85

A closely related ratio is called PB Ratio. As of today, Electronic Systems Technology's share price is $0.2636. Electronic Systems Technology's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.31. Hence, Electronic Systems Technology's P/B Ratio of today is 0.84.


Electronic Systems Technology Price-to-Tangible-Book Historical Data

The historical data trend for Electronic Systems Technology'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.

Electronic Systems Technology Price-to-Tangible-Book Chart

Electronic Systems Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 0.93 0.91 0.66 0.97

Electronic Systems Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.69 0.81 0.97 0.99

Competitive Comparison of Electronic Systems Technology's Price-to-Tangible-Book

For the Communication Equipment subindustry, Electronic Systems Technology'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.


Electronic Systems Technology's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Electronic Systems Technology's Price-to-Tangible-Book distribution charts can be found below:

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



Electronic Systems Technology Price-to-Tangible-Book Calculation

Electronic Systems Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.2636/0.312
=0.84

* 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.


Electronic Systems Technology Price-to-Tangible-Book Related Terms

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


Electronic Systems Technology (Electronic Systems Technology) Business Description

Traded in Other Exchanges
N/A
Address
415 N. Roosevelt Street, STE B1, Kennewick, WA, USA, 99336
Electronic Systems Technology Inc is engaged in the development and manufacturing of digital data (non-voice) radio transceivers for use in industrial wireless networking applications. It designs, develops, manufactures, and markets industrial wireless products and accessories. The company's products provide communication solutions for applications underutilized by conventional, commercial-grade communication systems. It offers product lines in markets for process automation in commercial, industrial, and government arenas domestically as well as internationally.
Executives
Daniel M. Tolley director C/O ELECTRONIC SYSTEMS TECHNOLOGY, INC., 415 N. ROOSEVELT ST., STE B1, KENNEWICH WA 99336
Michael William Eller director, officer: President 415 N QUAY, BLDG B1, KENNEWICK WA 99336
Partners Lllp Edco 10 percent owner 4605 S DENICE DR, ENGLEWOOD CO 80111
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Theodore Deinard director C/O ARC WIRELESS SOLUTIONS, INC., 6330 NORTH WASHINGTON ST., SUITE 13, DENVER CO 80216
Donald E. Siecke director, 10 percent owner 12441 W 49TH AVE., UNIT 4, WHEAT RIDGE CO 80033
Thomas J. Schaefer director 6800 EAST HIGHLAND AVE, SCOTTSDALE AZ 85251
Vern D Kornelsen director, 10 percent owner 4605 S. DENICE DR, ENGLEWOOD CO 80111
Electronic Systems Technology Inc director, officer: Secretary/Treasurer 415 N. ROOSEVELT ST., STE B1, KENNEWICK WA 99336
Hummingbird Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp 10 percent owner, other: see footnote #1 C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022

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