GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Herc Holdings Inc (LTS:0J4L) » Definitions » Price-to-Tangible-Book

Herc Holdings (LTS:0J4L) Price-to-Tangible-Book : 15.23 (As of May. 02, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Herc Holdings Price-to-Tangible-Book?

As of today (2024-05-02), Herc Holdings's share price is $147.98. Herc Holdings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $9.72. Hence, Herc Holdings's Price to Tangible Book Ratio of today is 15.23.

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

LTS:0J4L' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.52   Med: 9.79   Max: 27.27
Current: 15.29

During the past 11 years, Herc Holdings's highest Price to Tangible Book Ratio was 27.27. The lowest was 2.52. And the median was 9.79.

LTS:0J4L's Price-to-Tangible-Book is ranked worse than
93.9% of 869 companies
in the Business Services industry
Industry Median: 2.11 vs LTS:0J4L: 15.29

A closely related ratio is called PB Ratio. As of today, Herc Holdings's share price is $147.98. Herc Holdings's Book Value per Sharefor the quarter that ended in Mar. 2024 was $46.22. Hence, Herc Holdings's P/B Ratio of today is 3.20.


Herc Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Herc Holdings'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.

Herc Holdings Price-to-Tangible-Book Chart

Herc Holdings 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 5.23 4.78 10.85 14.60 11.38

Herc Holdings 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 20.85 25.97 16.54 11.38 13.41

Competitive Comparison of Herc Holdings's Price-to-Tangible-Book

For the Rental & Leasing Services subindustry, Herc Holdings'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.


Herc Holdings's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Herc Holdings's Price-to-Tangible-Book distribution charts can be found below:

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



Herc Holdings Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=147.98/9.717
=15.23

* 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.


Herc Holdings Price-to-Tangible-Book Related Terms

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


Herc Holdings (LTS:0J4L) Business Description

Traded in Other Exchanges
Address
27500 Riverview Center Boulevard, Bonita Springs, FL, USA, 34134
Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.2 billion. It serves commercial and residential construction customers, the environmental sector, industrial entities, and entertainment production companies. During much of its 50-year-plus history, the company has rented equipment such as aerial lifts to its customers for intermittent use. More recently, it has broadened its catalog to include a host of specialty items. Separately, Herc Holdings' strategy now incorporates long-term rentals to industrial customers where Herc maintains its own staff at the customer site.

Herc Holdings (LTS:0J4L) Headlines

No Headlines