Euro Group Laminations SpA (MIL:EGLA) Price-to-Tangible-Book : 1.72 (As of Jun. 02, 2024)

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What is Euro Group Laminations SpA Price-to-Tangible-Book?

As of today (2024-06-02), Euro Group Laminations SpA's share price is €4.24. Euro Group Laminations SpA's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was €2.46. Hence, Euro Group Laminations SpA's Price to Tangible Book Ratio of today is 1.72.

The historical rank and industry rank for Euro Group Laminations SpA's Price-to-Tangible-Book or its related term are showing as below:

MIL:EGLA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.72 Med: 2.67 Max: 2.67
Current: 1.72

During the past 4 years, Euro Group Laminations SpA's highest Price to Tangible Book Ratio was 2.67. The lowest was 1.72. And the median was 2.67.

MIL:EGLA's Price-to-Tangible-Book is ranked better than
61.34% of 2835 companies
in the Industrial Products industry
Industry Median: 2.11 vs MIL:EGLA: 1.72

A closely related ratio is called PB Ratio. As of today, Euro Group Laminations SpA's share price is €4.24. Euro Group Laminations SpA's Book Value per Sharefor the quarter that ended in Jun. 2023 was €2.48. Hence, Euro Group Laminations SpA's P/B Ratio of today is 1.71.

Euro Group Laminations SpA Price-to-Tangible-Book Historical Data

The historical data trend for Euro Group Laminations SpA'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.

* Premium members only.

Euro Group Laminations SpA Price-to-Tangible-Book Chart

Euro Group Laminations SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Euro Group Laminations SpA Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial				-	-	-	2.67	-

Competitive Comparison of Euro Group Laminations SpA's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Euro Group Laminations SpA'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.

Euro Group Laminations SpA's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Euro Group Laminations SpA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Euro Group Laminations SpA's Price-to-Tangible-Book falls into.

Euro Group Laminations SpA Price-to-Tangible-Book Calculation

Euro Group Laminations SpA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	4.24	/	2.464
	=	1.72

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.

Euro Group Laminations SpA Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Euro Group Laminations SpA's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Euro Group Laminations SpA (MIL:EGLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (MIL:EGLA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

QK9:Germany QK9:Germany

Address

Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021

Website

https://www.euro-group.it

Euro Group Laminations SpA develops and produces stators and rotors. The group is organized into two operating segments which are EV and Automotive which operate mainly in the electric automotive sector and in general in all applications related to the automotive sector. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and diversified industries. The company earns the majority of its revenue from the Industrial segment.