The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-26), IPG Photonics's share price is $88.24. IPG Photonics's Book Value per Share for the quarter that ended in Dec. 2023 was $52.15. Hence, IPG Photonics's PB Ratio of today is 1.69.
Good Sign:
IPG Photonics Corp stock PB Ratio (=1.69) is close to 10-year low of 1.61
The historical rank and industry rank for IPG Photonics's PB Ratio or its related term are showing as below:
IPGP'
s PB Ratio Range Over the Past 10 Years
Min: 1.61 Med: 3.5 Max: 6.98
Current: 1.69
During the past 13 years, IPG Photonics's highest PB Ratio was 6.98. The lowest was 1.61. And the median was 3.50.
IPGP's PB Ratio is ranked better than 65.95% of 972
companies
in the Semiconductors industry
Industry Median: 2.36
vs IPGP: 1.69
During the past 12 months, IPG Photonics's average Book Value Per Share Growth Rate was 5.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of IPG Photonics was 38.40% per year. The lowest was -72.20% per year. And the median was 15.70% per year.
Back to Basics: PB Ratio
IPG Photonics PB Ratio Historical Data
The historical data trend for IPG Photonics's PB Ratio 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 IPG Photonics's PB Ratio
For the Semiconductor Equipment & Materials subindustry, IPG Photonics's PB Ratio, along with its competitors' market caps and PB Ratio 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.
IPG Photonics's PB Ratio Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, IPG Photonics's PB Ratio distribution charts can be found below:
* The bar in red indicates where IPG Photonics's PB Ratio falls into.
IPG Photonics PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
IPG Photonics's PB Ratio for today is calculated as follows:
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
IPG Photonics PB Ratio Related Terms
Thank you for viewing the detailed overview of IPG Photonics's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
IPG Photonics (IPG Photonics) Business Description
IPG Photonics Corp is a vertically integrated developer and manufacturer of high-performance fiber lasers, fiber amplifiers, and diode lasers, which are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. A large majority of the firm's revenue is derived from materials processing applications for fiber lasers, including cutting and welding, marking and engraving, and micro-processing. Roughly a third of the firm's revenue is generated in China, with the rest coming from North America, Europe, Japan, Australia, and other countries across the world.
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