Innoviz Technologies (Innoviz Technologies) Price-to-Tangible-Book : 1.31 (As of May. 04, 2024)

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What is Innoviz Technologies Price-to-Tangible-Book?

As of today (2024-05-04), Innoviz Technologies's share price is $1.21. Innoviz Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.93. Hence, Innoviz Technologies's Price to Tangible Book Ratio of today is 1.31.

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

INVZ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.21 Med: 2.79 Max: 2.85
Current: 1.3

During the past 6 years, Innoviz Technologies's highest Price to Tangible Book Ratio was 2.85. The lowest was 1.21. And the median was 2.79.

INVZ's Price-to-Tangible-Book is ranked better than
59.98% of 1197 companies
in the Vehicles & Parts industry
Industry Median: 1.7 vs INVZ: 1.30

A closely related ratio is called PB Ratio. As of today, Innoviz Technologies's share price is $1.21. Innoviz Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.93. Hence, Innoviz Technologies's P/B Ratio of today is 1.31.

Innoviz Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Innoviz Technologies'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.

Innoviz Technologies Price-to-Tangible-Book Chart

Innoviz Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.85

2.79

2.73

Innoviz Technologies Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial													2.79	2.93	2.85	1.81	2.73

Competitive Comparison of Innoviz Technologies's Price-to-Tangible-Book

For the Auto Parts subindustry, Innoviz Technologies'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.

Innoviz Technologies's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Innoviz Technologies's Price-to-Tangible-Book distribution charts can be found below:

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

Innoviz Technologies Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.21	/	0.927
	=	1.31

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Innoviz Technologies Price-to-Tangible-Book Related Terms

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

Innoviz Technologies (Innoviz Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Innoviz Technologies Ltd (NAS:INVZ) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Uri Ariav street, Building C, Nitzba 300, Rosh HaAin, ISR, 4809202

Website

https://www.innoviz.tech

Innoviz Technologies Ltd is a provider of solid-state LiDAR and perception solutions that feature technological breakthroughs across core components and bring enhanced vision and superior performance to enable safe autonomous driving at a mass scale. The company provides a complete and comprehensive solution for OEMs and Tier-1 partners that are developing and marketing autonomous driving vehicles to the passenger car and other relevant markets, such as robotaxis, shuttles, delivery vehicles, buses and trucks, and other industries that require 3-dimensional high resolution sensors. Company's solutions can enable safe autonomy for industries like logistics, drones, robotics, construction and other industrial applications, agriculture, smart city, smart infrastructures, security and mapping.