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Karat Packaging (Karat Packaging) Price-to-Tangible-Book : 3.82 (As of May. 08, 2024)


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What is Karat Packaging Price-to-Tangible-Book?

As of today (2024-05-08), Karat Packaging's share price is $28.74. Karat Packaging's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.53. Hence, Karat Packaging's Price to Tangible Book Ratio of today is 3.82.

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

KRT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.07   Med: 3.3   Max: 3.82
Current: 3.82

During the past 7 years, Karat Packaging's highest Price to Tangible Book Ratio was 3.82. The lowest was 2.07. And the median was 3.30.

KRT's Price-to-Tangible-Book is ranked worse than
84.87% of 357 companies
in the Packaging & Containers industry
Industry Median: 1.4 vs KRT: 3.82

A closely related ratio is called PB Ratio. As of today, Karat Packaging's share price is $28.74. Karat Packaging's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.72. Hence, Karat Packaging's P/B Ratio of today is 3.72.


Karat Packaging Price-to-Tangible-Book Historical Data

The historical data trend for Karat Packaging'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.

Karat Packaging Price-to-Tangible-Book Chart

Karat Packaging Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 3.36 2.07 3.30

Karat Packaging Quarterly Data
Dec18 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 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 2.07 1.80 2.41 3.05 3.30

Competitive Comparison of Karat Packaging's Price-to-Tangible-Book

For the Packaging & Containers subindustry, Karat Packaging'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.


Karat Packaging's Price-to-Tangible-Book Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Karat Packaging's Price-to-Tangible-Book distribution charts can be found below:

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



Karat Packaging Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=28.74/7.527
=3.82

* 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.


Karat Packaging Price-to-Tangible-Book Related Terms

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


Karat Packaging (Karat Packaging) Business Description

Traded in Other Exchanges
Address
6185 Kimball Avenue, Chino, CA, USA, 91708
Karat Packaging Inc is engaged in the manufacturing and distribution of disposable products used in restaurants and food service settings. It offers products for the foodservice industry, including food packaging, containers, tableware, cups, lids, cutlery, and straws. These products are available in plastic, paper, biopolymer-based and other compostable forms.
Executives
Wang Joanne Tzu Jung officer: Chief Operating Officer 6185 KIMBALL AVE., CHINO CA 91708
Daniel Quire officer: Chief Revenue Officer 6185 KIMBALL AVENUE, CHINO CA 91708
Marvin Cheng officer: VP-Manufacturing, Secy 6185 KIMBALL AVE., CHINO CA 91708
Alan Yu director, 10 percent owner, officer: CEO and Chairman of the BOD 6185 KIMBALL AVE., CHINO CA 91708
Jian Guo officer: Chief Financial Officer 6185 KIMBALL AVENUE, CHINO CA 91708
Eve Yen director 4651 SCHAEFER AVENUE, CHINO CA 91710
Peter Lee officer: Interim CFO 6185 KIMBALL AVENUE, CHINO CA 91708
Ann T Sabahat officer: Chief Financial Officer 11 MUSICK, IRVINE CA 92618
Paul Y Chen director 9660 FLAIR DR, STE 300, EL MONTE CA 91731
Eric K Chen director 6330 SPRING MOUNTAIN RD, STE D, LAS VEGAS NV 89146