Capital Product Partners LP (Capital Product Partners LP) Price-to-Tangible-Book : 0.83 (As of Apr. 29, 2024)

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What is Capital Product Partners LP Price-to-Tangible-Book?

As of today (2024-04-29), Capital Product Partners LP's share price is $16.53. Capital Product Partners LP's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $19.83. Hence, Capital Product Partners LP's Price to Tangible Book Ratio of today is 0.83.

The historical rank and industry rank for Capital Product Partners LP's Price-to-Tangible-Book or its related term are showing as below:

CPLP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.18 Med: 0.45 Max: 0.85
Current: 0.83

During the past 13 years, Capital Product Partners LP's highest Price to Tangible Book Ratio was 0.85. The lowest was 0.18. And the median was 0.45.

CPLP's Price-to-Tangible-Book is ranked better than
74.03% of 878 companies
in the Transportation industry
Industry Median: 1.42 vs CPLP: 0.83

A closely related ratio is called PB Ratio. As of today, Capital Product Partners LP's share price is $16.53. Capital Product Partners LP's Book Value per Sharefor the quarter that ended in Dec. 2023 was $21.35. Hence, Capital Product Partners LP's P/B Ratio of today is 0.77.

Capital Product Partners LP Price-to-Tangible-Book Historical Data

The historical data trend for Capital Product Partners LP'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.

Capital Product Partners LP Price-to-Tangible-Book Chart

Capital Product Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.68

0.39

0.66

0.46

0.72

Capital Product Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.46	0.43	0.44	0.43	0.72

Competitive Comparison of Capital Product Partners LP's Price-to-Tangible-Book

For the Marine Shipping subindustry, Capital Product Partners LP'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.

Capital Product Partners LP's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Capital Product Partners LP's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Capital Product Partners LP's Price-to-Tangible-Book falls into.

Capital Product Partners LP Price-to-Tangible-Book Calculation

Capital Product Partners LP's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	16.53	/	19.832
	=	0.83

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.

Capital Product Partners LP Price-to-Tangible-Book Related Terms

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

Capital Product Partners LP (Capital Product Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Capital Product Partners LP (NAS:CPLP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Iassonos Street, Piraeus, GRC, 18537

Website

http://www.capitalpplp.com

Capital Product Partners LP is in the seaborne transportation of cargoes, crude oil, gasoline, diesel, fuel oil, jet fuel and edible oils and dry cargo and containerized goods. Its vessels include; suezmax crude oil tankers, medium-range product tankers, neo panamax container carriers and capsize bulk carrier. Its vessels are capable of carrying a wide range of cargoes, including crude oil, refined oil products (such as gasoline, diesel, fuel oil and jet fuel), edible oils and certain chemicals, such as ethanol, as well as dry cargo and containerized goods under short-term voyage charters and medium to long-term time and bareboat charters.