As of today (2024-05-02), Neonode's share price is $2.20. Neonode's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.12. Hence, Neonode's Price to Tangible Book Ratio of today is 1.97.
The historical rank and industry rank for Neonode's Price-to-Tangible-Book or its related term are showing as below:
NEON'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.23 Med: 4.93 Max: 60.1
Current: 1.96
During the past 13 years, Neonode's highest Price to Tangible Book Ratio was 60.10. The lowest was 1.23. And the median was 4.93.
NEON's Price-to-Tangible-Book is ranked worse than 51.89% of 2305
companies
in the Hardware industry
Industry Median: 2.05
vs NEON: 1.96
A closely related ratio is called PB Ratio. As of today, Neonode's share price is $2.20. Neonode's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.12. Hence, Neonode's P/B Ratio of today is 1.97.
Neonode Price-to-Tangible-Book Historical Data
The historical data trend for Neonode'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 Neonode's Price-to-Tangible-Book
For the Electronic Components subindustry, Neonode'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.
Neonode's Price-to-Tangible-Book Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Neonode's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Neonode's Price-to-Tangible-Book falls into.
Neonode Price-to-Tangible-Book Calculation
Neonode'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.
Neonode Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Neonode's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Neonode Inc provides optical sensing solutions for contactless touch, touch, and gesture sensing and also provides software solutions for machine perception that feature machine learning algorithms to detect and track persons and objects in video streams from cameras and other types of imagers. It markets and sells its solutions to customers in many different markets and segments including, but not limited to, office equipment, automotive, industrial automation, medical, military, and avionics. The company's business areas are Human-Machine Interaction Solutions, Human-Machine Interaction Products, and Remote Sensing Solutions.
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