INNOVATE Corp.
VATE

$63.92 M
Marketcap
$4.82
Share price
Country
$1.17
Change (1 day)
$14.60
Year High
$3.25
Year Low

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. It provides industrial construction, structural steel, and facility maintenance services for use in commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. The company also fabricates trusses and girders; and fabricates and erects water pipe, water storage tanks, tunnel liners, pressure vessels, strainers, filters, separators, and other customized products. In addition, it offers integrated solutions for digital engineering, modeling and detailing, construction, heavy equipment installation, and facility services; and steel and rebar detailing, and BIM modeling and management services, as well as equipment used in the oil, gas, petrochemical, and pipeline industries. Further, the company develops products for early osteoarthritis of the knee, and aesthetic and medical technologies for the skin. Additionally, it operates over-the-air broadcasting stations and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

marketcap

P/B ratio for INNOVATE Corp. (VATE)

P/B ratio as of 2023: -0.65

According to INNOVATE Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is -0.65. At the end of 2022 the company had a P/B ratio of -1.40.

P/B ratio history for INNOVATE Corp. from 1996 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 -0.65
2022 -1.40
2021 -4.36
2020 0.29
2019 0.28
2018 1.44
2017 3.48
2016 5.00
2015 1.49
2014 1.85
2013 0.74
2012 21.97
2011 17.57
2010 15.33
2009 45.52
2008 -12.38
2007 -11.53
2006 -9.61
2005 -16.17
2004 -32.98
2003 -28.66
2002 -15.30
2001 -11.99
2000 19.00
1999 6.34
1998 8.52
1997 17.14
1996 7.27