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Veralto (FRA:RZ2) Price-to-Tangible-Book : (As of Jun. 02, 2024)


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What is Veralto Price-to-Tangible-Book?

As of today (2024-06-02), Veralto's share price is €90.27. Veralto's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €-5.33. Hence, Veralto's Price to Tangible Book Ratio of today is .

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

FRA:RZ2's Price-to-Tangible-Book is not ranked *
in the Industrial Products industry.
Industry Median: 2.11
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Veralto's share price is €90.27. Veralto's Book Value per Sharefor the quarter that ended in Mar. 2024 was €5.52. Hence, Veralto's P/B Ratio of today is 16.35.


Veralto Price-to-Tangible-Book Historical Data

The historical data trend for Veralto'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.

Veralto Price-to-Tangible-Book Chart

Veralto Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - -

Veralto Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Veralto's Price-to-Tangible-Book

For the Pollution & Treatment Controls subindustry, Veralto'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.


Veralto's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veralto's Price-to-Tangible-Book distribution charts can be found below:

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



Veralto Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=90.27/-5.329
=

* 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.


Veralto Price-to-Tangible-Book Related Terms

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


Veralto (FRA:RZ2) Business Description

Traded in Other Exchanges
Address
c/o Danaher Corporation, Suite 800W, 2200 Pennsylvania Avenue, N.W, Washington DC, WA, USA, 20037
Veralto Corp is company which is a global provider of essential technology solutions that safeguard many of the world's most vital resources. The company operates in two segments such as Water Quality and Product Quality & Innovation. Through WQ segment they improve the quality and reliability of water through leading brands including Hach, Trojan Technologies and ChemTreat. Through PQI segment they promote consumer trust in products and help enable product innovation through leading brands including Videojet, Linx, Esko, X-Rite and Pantone.

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