As of today (2024-04-24), GATX's share price is $124.89. GATX's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $60.71. Hence, GATX's Price to Tangible Book Ratio of today is 2.06.
The historical rank and industry rank for GATX's Price-to-Tangible-Book or its related term are showing as below:
GATX'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.38 Med: 1.78 Max: 2.08
Current: 2.06
During the past 13 years, GATX's highest Price to Tangible Book Ratio was 2.08. The lowest was 1.38. And the median was 1.78.
GATX's Price-to-Tangible-Book is ranked worse than 50.29% of 867
companies
in the Business Services industry
Industry Median: 2.06
vs GATX: 2.06
A closely related ratio is called PB Ratio. As of today, GATX's share price is $124.89. GATX's Book Value per Sharefor the quarter that ended in Dec. 2023 was $64.09. Hence, GATX's P/B Ratio of today is 1.95.
GATX Price-to-Tangible-Book Historical Data
The historical data trend for GATX'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.
For the Rental & Leasing Services subindustry, GATX'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.
GATX Price-to-Tangible-Book Distribution
For the Business Services industry and Industrials sector, GATX's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where GATX's Price-to-Tangible-Book falls into.
GATX Price-to-Tangible-Book Calculation
GATX'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.
GATX Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of GATX's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
GATX Corp is a provider of railcar leasing and maintenance services. GATX operates four business segments: rail North America, rail international, and portfolio management. The rail business offers railcar leasing and maintenance, as well as asset-related, financial, and management services. The company owns and leases fleets in North America, Europe, and Asia, which consist of tank and freight railcars. Industries served to include refining and petroleum, chemicals and plastics, railroads and other transportation, mining, and food and agriculture.
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