1414 Degrees (ASX:14D) Price-to-Tangible-Book : 2.68 (As of May. 13, 2024)

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What is 1414 Degrees Price-to-Tangible-Book?

As of today (2024-05-13), 1414 Degrees's share price is A$0.083. 1414 Degrees's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.03. Hence, 1414 Degrees's Price to Tangible Book Ratio of today is 2.68.

The historical rank and industry rank for 1414 Degrees's Price-to-Tangible-Book or its related term are showing as below:

ASX:14D' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.55 Med: 3.28 Max: 7.25
Current: 2.77

During the past 5 years, 1414 Degrees's highest Price to Tangible Book Ratio was 7.25. The lowest was 1.55. And the median was 3.28.

ASX:14D's Price-to-Tangible-Book is ranked worse than
76.46% of 395 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.46 vs ASX:14D: 2.77

A closely related ratio is called PB Ratio. As of today, 1414 Degrees's share price is A$0.083. 1414 Degrees's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.04. Hence, 1414 Degrees's P/B Ratio of today is 2.18.

1414 Degrees Price-to-Tangible-Book Historical Data

The historical data trend for 1414 Degrees'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.

1414 Degrees Price-to-Tangible-Book Chart

1414 Degrees Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

4.32

2.75

3.28

1.77

1.55

1414 Degrees Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial							6.25	1.77	2.10	1.55	1.84

Competitive Comparison of 1414 Degrees's Price-to-Tangible-Book

For the Utilities - Independent Power Producers subindustry, 1414 Degrees'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.

1414 Degrees's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, 1414 Degrees's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where 1414 Degrees's Price-to-Tangible-Book falls into.

1414 Degrees Price-to-Tangible-Book Calculation

1414 Degrees's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.083	/	0.031
	=	2.68

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.

1414 Degrees Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of 1414 Degrees's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

1414 Degrees (ASX:14D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » 1414 Degrees Ltd (ASX:14D) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

136 Daws Road, Melrose Park, Sydney, SA, AUS, 5039

Website

https://www.1414degrees.com.au

1414 Degrees Ltd is focused on storing and output of electric power. The company patented thermal energy storage system (TESS) storing energy as latent heat in running silicon. It delivers an output of heat and electricity is sourced from renewables or the grid and is stored as latent heat at a constant temperature. Geographically, it operates only in Australia.

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