As of today (2024-04-19), Carpenter Technology's share price is $79.10. Carpenter Technology's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $24.43. Hence, Carpenter Technology's Price to Tangible Book Ratio of today is 3.24.
The historical rank and industry rank for Carpenter Technology's Price-to-Tangible-Book or its related term are showing as below:
CRS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.76 Med: 1.96 Max: 3.27
Current: 3.24
During the past 13 years, Carpenter Technology's highest Price to Tangible Book Ratio was 3.27. The lowest was 0.76. And the median was 1.96.
CRS's Price-to-Tangible-Book is ranked worse than 70.12% of 2821
companies
in the Industrial Products industry
Industry Median: 2.06
vs CRS: 3.24
A closely related ratio is called PB Ratio. As of today, Carpenter Technology's share price is $79.10. Carpenter Technology's Book Value per Sharefor the quarter that ended in Dec. 2023 was $29.83. Hence, Carpenter Technology's P/B Ratio of today is 2.65.
Carpenter Technology Price-to-Tangible-Book Historical Data
The historical data trend for Carpenter Technology'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.
Carpenter Technology Annual Data
Trend
Jun14
Jun15
Jun16
Jun17
Jun18
Jun19
Jun20
Jun21
Jun22
Jun23
Price-to-Tangible-Book
2.02
1.05
1.74
1.28
2.42
Carpenter Technology 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
1.71
2.06
2.42
2.85
2.90
Competitive Comparison
For the Metal Fabrication subindustry, Carpenter Technology'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.
Carpenter Technology Price-to-Tangible-Book Distribution
For the Industrial Products industry and Industrials sector, Carpenter Technology's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Carpenter Technology's Price-to-Tangible-Book falls into.
* 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.
Carpenter Technology Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Carpenter Technology's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Carpenter Technology (Carpenter Technology) Business Description
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's segment includes Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's major premium alloy and stainless steel manufacturing operations. This includes operations performed at mills primarily in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama.
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