IRCE SpA (MIL:IRC) Price-to-Tangible-Book : 0.37 (As of May. 30, 2024)

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What is IRCE SpA Price-to-Tangible-Book?

As of today (2024-05-30), IRCE SpA's share price is €2.17. IRCE SpA's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €5.86. Hence, IRCE SpA's Price to Tangible Book Ratio of today is 0.37.

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

MIL:IRC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32 Med: 0.39 Max: 0.63
Current: 0.37

During the past 13 years, IRCE SpA's highest Price to Tangible Book Ratio was 0.63. The lowest was 0.32. And the median was 0.39.

MIL:IRC's Price-to-Tangible-Book is ranked better than
96.86% of 2835 companies
in the Industrial Products industry
Industry Median: 2.11 vs MIL:IRC: 0.37

A closely related ratio is called PB Ratio. As of today, IRCE SpA's share price is €2.17. IRCE SpA's Book Value per Sharefor the quarter that ended in Mar. 2024 was €5.86. Hence, IRCE SpA's P/B Ratio of today is 0.37.

IRCE SpA Price-to-Tangible-Book Historical Data

The historical data trend for IRCE SpA'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.

IRCE SpA Price-to-Tangible-Book Chart

IRCE SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.36

0.37

0.63

0.36

0.34

IRCE SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.42	0.37	0.35	0.34	0.36

Competitive Comparison of IRCE SpA's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, IRCE SpA'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.

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

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

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

IRCE SpA Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	2.17	/	5.857
	=	0.37

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.

IRCE SpA Price-to-Tangible-Book Related Terms

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

IRCE SpA (MIL:IRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IRCE SpA (MIL:IRC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

IRQ:Germany

Address

Via Lasie 12/A, Imola, ITA, 40026

Website

https://www.irce.it

IRCE SpA is an Italy-based company engaged in the manufacturing of its core activities through its segments namely the Winding wires segment and Cables segment. The Winding wire segment consists of the manufacturing of electric motors and generators, transformers, relays, and solenoid valves whereas the Cable segment includes energy and data cables that are supplied to industries like construction, civil and industrial engineering, and electoral devices for consumable durable goods. It generates the majority of its revenue from the winding wires segment. The company products include Enamelled copper and aluminum round wire, Copper and aluminum rectangular wire, Medium Voltage Cables, and others. The company's geographical segments are Italy, the European Union, and Non-European Union.