Identive Group Price / Book Value
Identive Group Price / Book Value Chart
Identive Group Historical Price / Book Value DataPro Data Export
There is no data for the selected date range.
|Data for this Date Range|
|June 14, 2013||1.078|
|June 13, 2013||1.032|
|June 12, 2013||1.058|
|June 11, 2013||1.066|
|June 10, 2013||1.132|
|June 7, 2013||1.085|
|June 6, 2013||1.073|
About Price to Book Ratio
Price to book value is a financial ratio used to compare a company's book value to its current market price. Book value is an accounting term denoting the portion of the company held by the shareholders at accounting value (not market value). In other words, book value is the company's total tangible assets less its total liabilities.
The ratio has two calculation methods. In the first way, the company's market capitalization is divided by the company's total book value from its balance sheet. The second way, using per-share values, is to divide the company's current share price by the book value per share. In general, a low price to book value indicates that a stock is undervalued and thus more desirable.
In theory, if you purchased stock with a price to book value less than 1 and the company immediately went bankrupt, you would gain money on your investment. In reality, this may not be true since there are times when liquidation value, or the price at which a company's assets can be sold, is less than the book value of those assets.
For more information on evaluating valuation multiples similar to this, please see our original white paper research : Making Sense Of Valuation Multiples.
INVE Price / Book Value Range, Past 5 Years
|Minimum||1.032||Jun 13 2013|
|Maximum||1.132||Jun 10 2013|
GlobeNewswire Jun 4
GlobeNewswire Jun 3
theflyonthewall.com May 30
GlobeNewswire May 30
GlobeNewswire May 14