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Inseego Corp. engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments in the United Stated, Eu...
The following section summarizes insights on Inseego Corp's Price / Book:
We've identified the following companies as similar to Inseego Corp because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Price / Book in the valuation category include:
Compares a firm's market value of equity to the amount of common equity listed on the balance sheet.
Price to Book is defined as:
Price / Book = Market Cap / Common Equity
Applying this formula, Inseego’s Price / Book is calculated below:
Market Capitalization [ $207.6 M ]
(/) Common Equity [ -$10.496 M ]
(=) Price / Book [ −19.8x ]
Price / Book (P/B) also known as the price-to-book ratio, or P/B ratio, is a financial ratio that compares a company’s current market cap to its book value. It is the inverse of Book to Market and the same as Market Cap / Book Value.
The tables below summarizes the trend in Inseego’s price / book over the last five years:
Date | Market Cap | Book Value | Price / Book |
---|---|---|---|
2020-12-31 | 1.568 B | -27.808 M | −56.4 |
2021-12-31 | 993.5 M | -24.854 M | −40.0 |
2022-12-31 | 114.2 M | -70.118 M | −1.6 |
2023-12-31 | 28.932 M | -102.1 M | −0.3 |
2024-12-31 | 23.201 M | -12.858 M | −1.8 |
The chart above depicts the distribution of price / book for companies operating in the Information Technology sector in the Developed economic region. Over 3,350 companies were considered in this analysis, and 2,253 had meaningful values. The average price / book of companies in the sector is 3.4x with a standard deviation of 3.4x.
Inseego Corp's Price / Book of -19.8x is significantly outside the interquartile range and is excluded from the distribution. The following table provides additional summary stats:
Economic Risk Region | Developed |
Total Constituents | 3,355 |
Included Constituents | 2,253 |
Min | -6.7x |
Max | 14.5x |
Median | 2.6x |
Mean | 3.4x |
Standard Deviation | 3.4x |
You can find companies with similar price / book using this stock screener.