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As of today (2024-05-12), National Instruments's share price is $59.98. National Instruments's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $2.91. Hence, National Instruments's Price to Tangible Book Ratio of today is 20.63.
The historical rank and industry rank for National Instruments's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, National Instruments's highest Price to Tangible Book Ratio was 20.63. The lowest was 4.34. And the median was 6.88.
A closely related ratio is called PB Ratio. As of today, National Instruments's share price is $59.98. National Instruments's Book Value per Sharefor the quarter that ended in Jun. 2023 was $9.17. Hence, National Instruments's P/B Ratio of today is 6.54.
The historical data trend for National Instruments'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.
National Instruments Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Price-to-Tangible-Book | Get a 7-Day Free Trial | 6.98 | 6.66 | 9.87 | 13.52 | 14.24 |
National Instruments Quarterly Data | ||||||||||||||||||||
Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | |
Price-to-Tangible-Book | Get a 7-Day Free Trial | 12.61 | 15.86 | 14.24 | 19.40 | 19.74 |
For the Software - Application subindustry, National Instruments'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.
For the Software industry and Technology sector, National Instruments's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where National Instruments's Price-to-Tangible-Book falls into.
National Instruments's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Jun. 2023 ) |
= | 59.98 | / | 2.908 | |
= | 20.63 |
* 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:
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.
Thank you for viewing the detailed overview of National Instruments's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Ritu Favre | officer: Executive Vice President | 12367 CROSTHWAITE CIRCLE, POWAY CA 92064 |
Scott Arthur Rust | officer: Executive Vice President | C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759 |
Alexander M Davern | officer: Senior Vice President and CFO | C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759 |
Thomas Benjamin | officer: Executive Vice President | C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC EXPRESSWAY, AUSTIN TX 78759 |
Eric Howard Starkloff | director, officer: President & CEO | 11500 NORTH MOPAC, BUILDING C, AUSTIN TX 78759 |
Daniel Berenbaum | officer: Chief Financial Officer, EVP | C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226 |
Cashman James E Iii | director | 2600 ANSYS DRIVE, CANONSBURG PA 15317 |
Gerhard Paul Fettweis | director | C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759 |
Michael E Mcgrath | director | 11701 LUNA ROAD, DALLAS TX 75234 |
Liam Griffin | director | 5260 CALIFORNIA AVENUE, IRVINE CA 92617 |
Gayla J Delly | director | 3000 TECHNOLOGY DR, ANGLETON TX 77515 |
Jason Elliot Green | officer: Chief Revenue Officer & EVP | C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759 |
Karen Marie Rapp | officer: Chief Financial Officer & EVP | C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759 |
Carla Pineyro Sublett | officer: Chief Marketing Officer | C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759 |
Jeffrey L Kodosky | director | C/O NATIONAL INSTRUMENTS CORP, 11500 N. MOPAC EXPRESSWAY, AUSTIN TX 78759 |
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