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Comfort Gloves Bhd (XKLS:2127) Price-to-Tangible-Book : 0.30 (As of May. 03, 2024)


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What is Comfort Gloves Bhd Price-to-Tangible-Book?

As of today (2024-05-03), Comfort Gloves Bhd's share price is RM0.44. Comfort Gloves Bhd's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was RM1.47. Hence, Comfort Gloves Bhd's Price to Tangible Book Ratio of today is 0.30.

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

XKLS:2127' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.24   Med: 1.97   Max: 8.47
Current: 0.3

During the past 13 years, Comfort Gloves Bhd's highest Price to Tangible Book Ratio was 8.47. The lowest was 0.24. And the median was 1.97.

XKLS:2127's Price-to-Tangible-Book is ranked better than
98.29% of 700 companies
in the Medical Devices & Instruments industry
Industry Median: 2.7 vs XKLS:2127: 0.30

A closely related ratio is called PB Ratio. As of today, Comfort Gloves Bhd's share price is RM0.44. Comfort Gloves Bhd's Book Value per Sharefor the quarter that ended in Sep. 2023 was RM1.47. Hence, Comfort Gloves Bhd's P/B Ratio of today is 0.30.


Comfort Gloves Bhd Price-to-Tangible-Book Historical Data

The historical data trend for Comfort Gloves Bhd'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.

Comfort Gloves Bhd Price-to-Tangible-Book Chart

Comfort Gloves Bhd Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 1.74 1.69 3.14 0.31

Comfort Gloves Bhd Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.31 0.31 0.27 0.24 0.25

Competitive Comparison of Comfort Gloves Bhd's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Comfort Gloves Bhd'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.


Comfort Gloves Bhd's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Comfort Gloves Bhd's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Comfort Gloves Bhd's Price-to-Tangible-Book falls into.



Comfort Gloves Bhd Price-to-Tangible-Book Calculation

Comfort Gloves Bhd's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=0.44/1.469
=0.30

* 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.


Comfort Gloves Bhd Price-to-Tangible-Book Related Terms

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


Comfort Gloves Bhd (XKLS:2127) Business Description

Traded in Other Exchanges
N/A
Address
Lot 821, Jalan Matang, Matang, Taiping, PRK, MYS, 34750
Comfort Gloves Bhd is engaged in the manufacture and trading of natural and synthetic specialty examination gloves. It has four segments. The manufacturing segment, which is the key revenue driver, is engaged in the manufacture and trading of latex gloves. The investment holding segment comprises investment holding and the provision of management services. Its Trading segment is involved in the trading of latex gloves. The company has two manufacturing plants located in Simpang and Matang, Taiping. Its key markets are Malaysia, the United States of America and Canada, Asia, Europe, and others.

Comfort Gloves Bhd (XKLS:2127) Headlines

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