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Cairn Homes (LSE:CRN) Price-to-Tangible-Book : 1.45 (As of May. 14, 2024)


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What is Cairn Homes Price-to-Tangible-Book?

As of today (2024-05-14), Cairn Homes's share price is £1.436. Cairn Homes's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.99. Hence, Cairn Homes's Price to Tangible Book Ratio of today is 1.45.

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

LSE:CRN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83   Med: 1.25   Max: 2.35
Current: 1.45

During the past 9 years, Cairn Homes's highest Price to Tangible Book Ratio was 2.35. The lowest was 0.83. And the median was 1.25.

LSE:CRN's Price-to-Tangible-Book is ranked worse than
59.79% of 97 companies
in the Homebuilding & Construction industry
Industry Median: 1.3 vs LSE:CRN: 1.45

A closely related ratio is called PB Ratio. As of today, Cairn Homes's share price is £1.436. Cairn Homes's Book Value per Sharefor the quarter that ended in Dec. 2023 was £1.00. Hence, Cairn Homes's P/B Ratio of today is 1.44.


Cairn Homes Price-to-Tangible-Book Historical Data

The historical data trend for Cairn Homes'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.

Cairn Homes Price-to-Tangible-Book Chart

Cairn Homes 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 1.51 1.06 1.08 0.83 1.17

Cairn Homes Semi-Annual Data
Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.08 0.96 0.83 1.07 1.17

Competitive Comparison of Cairn Homes's Price-to-Tangible-Book

For the Residential Construction subindustry, Cairn Homes'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.


Cairn Homes's Price-to-Tangible-Book Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Cairn Homes's Price-to-Tangible-Book distribution charts can be found below:

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



Cairn Homes Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.436/0.991
=1.45

* 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.


Cairn Homes Price-to-Tangible-Book Related Terms

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


Cairn Homes (LSE:CRN) Business Description

Traded in Other Exchanges
Address
45 Mespil Road, Dublin, IRL, D04 W2F1
Cairn Homes PLC is an Irish homebuilder. Its core activity is to design and develop properties for residential purposes, majorly in the suburbs of Dublin City. The company's portfolio predominantly comprises single-family homes and apartments that form a minor share. Its sales of residential property drive most company revenues.

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