Localiza Rent A Car (BSP:RENT3) Price-to-Tangible-Book : 3.19 (As of May. 05, 2024)

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What is Localiza Rent A Car Price-to-Tangible-Book?

As of today (2024-05-05), Localiza Rent A Car's share price is R$49.88. Localiza Rent A Car's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was R$15.64. Hence, Localiza Rent A Car's Price to Tangible Book Ratio of today is 3.19.

The historical rank and industry rank for Localiza Rent A Car's Price-to-Tangible-Book or its related term are showing as below:

BSP:RENT3' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.79 Med: 5.03 Max: 8.78
Current: 3.19

During the past 13 years, Localiza Rent A Car's highest Price to Tangible Book Ratio was 8.78. The lowest was 2.79. And the median was 5.03.

BSP:RENT3's Price-to-Tangible-Book is ranked worse than
63.36% of 868 companies
in the Business Services industry
Industry Median: 2.055 vs BSP:RENT3: 3.19

A closely related ratio is called PB Ratio. As of today, Localiza Rent A Car's share price is R$49.88. Localiza Rent A Car's Book Value per Sharefor the quarter that ended in Dec. 2023 was R$24.01. Hence, Localiza Rent A Car's P/B Ratio of today is 2.08.

Localiza Rent A Car Price-to-Tangible-Book Historical Data

The historical data trend for Localiza Rent A Car'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.

Localiza Rent A Car Price-to-Tangible-Book Chart

Localiza Rent A Car Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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6.75

8.78

5.33

4.45

4.07

Localiza Rent A Car 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															4.45	4.35	4.51	3.78	4.07

Competitive Comparison of Localiza Rent A Car's Price-to-Tangible-Book

For the Rental & Leasing Services subindustry, Localiza Rent A Car'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.

Localiza Rent A Car's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Localiza Rent A Car's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Localiza Rent A Car's Price-to-Tangible-Book falls into.

Localiza Rent A Car Price-to-Tangible-Book Calculation

Localiza Rent A Car's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	49.88	/	15.637
	=	3.19

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.

Localiza Rent A Car Price-to-Tangible-Book Related Terms

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

Localiza Rent A Car (BSP:RENT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Localiza Rent A Car SA (BSP:RENT3) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

LZRFY:USA

Address

Avenida Bernardo Vasconcelo, No 377 - Cachoeirinha, Belo Horizonte, MG, BRA, 31150-900

Website

https://www.localiza.com

Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its fleet to the general public, and offers a franchise model. Franchisees account for roughly half of Localize's car rental locations, while the majority of cars accessible with Localize are owned by the company. The fleet rental division has long-term agreements with companies that come up for renewal roughly every two to three years. The car rental segment delivers three-quarters of yearly revenue, and fleet rental makes up the rest, with an insignificant share contributed by the franchise management division.

Localiza Rent A Car (BSP:RENT3) Headlines

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