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Vitreous Glass (TSXV:VCI) Price-to-Tangible-Book : 8.40 (As of Jun. 10, 2024)


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What is Vitreous Glass Price-to-Tangible-Book?

As of today (2024-06-10), Vitreous Glass's share price is C$5.44. Vitreous Glass's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.65. Hence, Vitreous Glass's Price to Tangible Book Ratio of today is 8.40.

The historical rank and industry rank for Vitreous Glass's Price-to-Tangible-Book or its related term are showing as below:

TSXV:VCI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.28   Med: 5.46   Max: 9.39
Current: 8.37

During the past 13 years, Vitreous Glass's highest Price to Tangible Book Ratio was 9.39. The lowest was 3.28. And the median was 5.46.

TSXV:VCI's Price-to-Tangible-Book is ranked worse than
89.47% of 190 companies
in the Waste Management industry
Industry Median: 2.07 vs TSXV:VCI: 8.37

A closely related ratio is called PB Ratio. As of today, Vitreous Glass's share price is C$5.44. Vitreous Glass's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.65. Hence, Vitreous Glass's P/B Ratio of today is 8.40.


Vitreous Glass Price-to-Tangible-Book Historical Data

The historical data trend for Vitreous Glass'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.

Vitreous Glass Price-to-Tangible-Book Chart

Vitreous Glass Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.25 5.41 8.84 6.27 8.13

Vitreous Glass Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.60 9.39 8.13 8.98 8.18

Competitive Comparison of Vitreous Glass's Price-to-Tangible-Book

For the Waste Management subindustry, Vitreous Glass'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.


Vitreous Glass's Price-to-Tangible-Book Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Vitreous Glass's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Vitreous Glass's Price-to-Tangible-Book falls into.



Vitreous Glass Price-to-Tangible-Book Calculation

Vitreous Glass's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=5.44/0.648
=8.40

* 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.

It can also be calculated from the numbers for the whole company:

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.


Vitreous Glass Price-to-Tangible-Book Related Terms

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


Vitreous Glass (TSXV:VCI) Business Description

Traded in Other Exchanges
Address
212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass to sand and then this sand is sold to fiberglass insulation manufacturers as furnace ready cullet for use in their production facilities. Its sole source of revenue is generated by providing crushed glass to its customers.
Executives
Timothy Howard Rendell Senior Officer

Vitreous Glass (TSXV:VCI) Headlines

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