What is Werner Enterprises Price-to-Tangible-Book?
As of today (2024-04-24), Werner Enterprises's share price is $35.39. Werner Enterprises's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $20.69. Hence, Werner Enterprises's Price to Tangible Book Ratio of today is 1.71.
The historical rank and industry rank for Werner Enterprises's Price-to-Tangible-Book or its related term are showing as below:
WERN'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.65 Med: 2.15 Max: 2.69
Current: 1.71
During the past 13 years, Werner Enterprises's highest Price to Tangible Book Ratio was 2.69. The lowest was 1.65. And the median was 2.15.
WERN's Price-to-Tangible-Book is ranked worse than 58.52% of 880
companies
in the Transportation industry
Industry Median: 1.39
vs WERN: 1.71
A closely related ratio is called PB Ratio. As of today, Werner Enterprises's share price is $35.39. Werner Enterprises's Book Value per Sharefor the quarter that ended in Dec. 2023 was $24.09. Hence, Werner Enterprises's P/B Ratio of today is 1.47.
Werner Enterprises Price-to-Tangible-Book Historical Data
The historical data trend for Werner Enterprises'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.
Competitive Comparison of Werner Enterprises's Price-to-Tangible-Book
For the Trucking subindustry, Werner Enterprises'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.
Werner Enterprises's Price-to-Tangible-Book Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Werner Enterprises's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Werner Enterprises's Price-to-Tangible-Book falls into.
Werner Enterprises Price-to-Tangible-Book Calculation
Werner Enterprises's price-to-tangible-book ratio for today is calculated as:
* 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.
Werner Enterprises Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Werner Enterprises's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Werner Enterprises (Werner Enterprises) Business Description
Werner Enterprises Inc ranks among the top five full-truckload carriers by revenue, with a fleet of more than 7,800 tractors, including owner-operators. The company has two reportable segments - TTS and Werner Logistics. It derives about 80% of its top line from a wide array of full-truckload shipping services (including dedicated contract carriage; roughly 20% comes from non-asset based logistics operations, including truck brokerage.
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