Rob Zenilman submits:
Price / Book Value ratios of stocks covered in the Wireless Device Manufacturer sector ranged from 33.9 (ERICY) down to 1.5 (PALM), with a median value of 5.4.
Price / Tangible Book Value ratios ranged from 43.2 (ERICY) down to 1.9 (PALM), with a median value of 5.9.
Tangible Book Value differs from Book Value by subtracting out the value of intangible assets from the equation Book Value = Assets - Liablilities. Examples of intangible assets are goodwill, patents, capitalized start-up expenses and deferred financing costs.
Data in table version -- click on a ticker for opinion and analysis of the company:
|ERICY||LM Ericsson Telephone Co.||$29.35||$0.87||33.90||$0.68||43.24
|RIMM||Research In Motion Ltd.||$62.70||$11.51||5.45||$10.68||5.87
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