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Element Solutions (FRA:PLQ) Price-to-Tangible-Book : (As of May. 26, 2024)


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What is Element Solutions Price-to-Tangible-Book?

As of today (2024-05-26), Element Solutions's share price is €22.20. Element Solutions's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €-3.11. Hence, Element Solutions's Price to Tangible Book Ratio of today is .

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

FRA:PLQ's Price-to-Tangible-Book is not ranked *
in the Chemicals industry.
Industry Median: 1.8
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Element Solutions's share price is €22.20. Element Solutions's Book Value per Sharefor the quarter that ended in Mar. 2024 was €8.83. Hence, Element Solutions's P/B Ratio of today is 2.51.


Element Solutions Price-to-Tangible-Book Historical Data

The historical data trend for Element Solutions'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.

Element Solutions Price-to-Tangible-Book Chart

Element Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Element Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Element Solutions's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Element Solutions'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.


Element Solutions's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Element Solutions's Price-to-Tangible-Book distribution charts can be found below:

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



Element Solutions Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=22.20/-3.112
=

* 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.


Element Solutions Price-to-Tangible-Book Related Terms

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


Element Solutions (FRA:PLQ) Business Description

Traded in Other Exchanges
Address
500 East Broward Boulevard, Suite 1860, Fort Lauderdale, FL, USA, 33394
Element Solutions Inc is a specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. The company has two segments which are Electronics and Industrial & Specialty. The Industrial & Specialty segment researches, formulates and sells specialty chemicals and process technologies that enhance surfaces or improve industrial processes in diverse industrial sectors from automotive trim to transcontinental infrastructure and from high-speed printing to high-design faucets. The electronics segment researches, formulates and sells specialty chemicals and material process technologies for all types of electronics hardware, from complex printed circuit board designs to semiconductor packaging.

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