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Conversion Industries (Conversion Industries) Price-to-Tangible-Book : 4.63 (As of Apr. 28, 2024)


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What is Conversion Industries Price-to-Tangible-Book?

As of today (2024-04-28), Conversion Industries's share price is $9.75. Conversion Industries's Tangible Book per Share of Jun. 2094 for the quarter that ended in Jun. 2094 was $2.11. Hence, Conversion Industries's Price to Tangible Book Ratio of today is 4.63.

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

CVII's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.94
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Conversion Industries's share price is $9.75. Conversion Industries's Book Value per Sharefor the quarter that ended in Jun. 2094 was $2.11. Hence, Conversion Industries's P/B Ratio of today is 4.63.

Conversion Industries Price-to-Tangible-Book Historical Data

The historical data trend for Conversion Industries'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.

Conversion Industries Price-to-Tangible-Book Chart

Conversion Industries Annual Data
Trend Nov90 Jun91 Jun92 Jun93 Jun94
Price-to-Tangible-Book
- - - - -

Conversion Industries Semi-Annual Data
Nov90 Jun92 Jun93 Jun94
Price-to-Tangible-Book - - - -

Competitive Comparison of Conversion Industries's Price-to-Tangible-Book

For the Asset Management subindustry, Conversion Industries'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.

Conversion Industries's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Conversion Industries's Price-to-Tangible-Book distribution charts can be found below:

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


Conversion Industries Price-to-Tangible-Book Calculation

Conversion Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2094 )
=9.75/2.105
=4.63

* 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:

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.

Conversion Industries Price-to-Tangible-Book Related Terms

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

Conversion Industries (Conversion Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Conversion Industries Inc (OTCPK:CVII) » Definitions » Price-to-Tangible-Book
Comparable Companies
RAND NPN MIW XRDC MTR NJV WISH PRDGF GROW IVITF MAB HGBL CRSWF AABVF MCVT OHAI EMI AISSF GRF RCG
Traded in Other Exchanges
N/A
Address
Website
Conversion Industries, Inc. operates as a merchant banker. The Company's principal activity is to make equity investments in companies with the intention of assisting the company in making a public offering.