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ChampionX (ChampionX) Price-to-Tangible-Book : 8.17 (As of May. 07, 2024)


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What is ChampionX Price-to-Tangible-Book?

As of today (2024-05-07), ChampionX's share price is $33.93. ChampionX's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $4.15. Hence, ChampionX's Price to Tangible Book Ratio of today is 8.17.

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

CHX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.72   Med: 7.31   Max: 9.44
Current: 8.18

During the past 9 years, ChampionX's highest Price to Tangible Book Ratio was 9.44. The lowest was 3.72. And the median was 7.31.

CHX's Price-to-Tangible-Book is ranked worse than
93.87% of 930 companies
in the Oil & Gas industry
Industry Median: 1.34 vs CHX: 8.18

A closely related ratio is called PB Ratio. As of today, ChampionX's share price is $33.93. ChampionX's Book Value per Sharefor the quarter that ended in Mar. 2024 was $8.99. Hence, ChampionX's P/B Ratio of today is 3.78.


ChampionX Price-to-Tangible-Book Historical Data

The historical data trend for ChampionX'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.

ChampionX Price-to-Tangible-Book Chart

ChampionX Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - 6.57 6.15 8.10 7.31

ChampionX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.31 7.71 8.69 7.31 8.65

Competitive Comparison of ChampionX's Price-to-Tangible-Book

For the Oil & Gas Equipment & Services subindustry, ChampionX'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.


ChampionX's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ChampionX's Price-to-Tangible-Book distribution charts can be found below:

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



ChampionX Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=33.93/4.151
=8.17

* 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.


ChampionX Price-to-Tangible-Book Related Terms

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


ChampionX (ChampionX) Business Description

Industry
Traded in Other Exchanges
Address
2445 Technology Forest Boulevard, Building 4, 12th Floor, The Woodlands, TX, USA, 77381
ChampionX provides chemical solutions and equipment for onshore and offshore oil and gas production. Its engineering expertise spans the well life cycle, but the firm maintains a particular focus on the production phase. Key offerings include artificial lift services and drilling technologies, specializing in polycrystalline diamond cutter inserts. ChampionX was formed after Apergy acquired its chemical technologies business from Ecolab in 2020.
Executives
Deric D. Bryant officer: See remarks 1 ECOLAB PLACE, ST. PAUL MN 55102
Sivasankaran Somasundaram director, officer: President & CEO C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
William Jr. O'dell officer: See remarks 2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Elaine M Pickle director ONE ENERGY PLAZA, DETROIT MI 48226
Fierro A Carlos director 910 LOUISIANA STREET, HOUSTON TX 77002
Paul E Mahoney officer: See Remarks C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Antoine Marcos officer: VP, Corp Controller, CAO 2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Stephen M. Todd director C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 606515
Julia Wright officer: Senior VP, GC & Secretary C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Heidi S Alderman director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Stuart D Porter director 200 CLARENDON ST, 25TH FLOOR, BOSTON MA 02116
Jordan Zweig officer: SVP & Chief HR Officer 2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Syed Raza officer: SVP & Chief Digital Officer C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Amy Thompson Broussard officer: Senior VP & Chief HR Officer C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Shankar Annamalai officer: Senior VP Operations C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381

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