Hardide (LSE:HDD) Price-to-Tangible-Book : 1.08 (As of May. 23, 2024)

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What is Hardide Price-to-Tangible-Book?

As of today (2024-05-23), Hardide's share price is £0.071. Hardide's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was £0.07. Hence, Hardide's Price to Tangible Book Ratio of today is 1.08.

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

LSE:HDD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.97 Med: 2.88 Max: 8.69
Current: 1.01

During the past 13 years, Hardide's highest Price to Tangible Book Ratio was 8.69. The lowest was 0.97. And the median was 2.88.

LSE:HDD's Price-to-Tangible-Book is ranked better than
76.08% of 1488 companies
in the Chemicals industry
Industry Median: 1.815 vs LSE:HDD: 1.01

A closely related ratio is called PB Ratio. As of today, Hardide's share price is £0.071. Hardide's Book Value per Sharefor the quarter that ended in Mar. 2024 was £0.07. Hence, Hardide's P/B Ratio of today is 1.06.

Hardide Price-to-Tangible-Book Historical Data

The historical data trend for Hardide'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.

Hardide Price-to-Tangible-Book Chart

Hardide Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

Get a 7-Day Free Trial

4.87

1.52

2.54

1.71

1.58

Hardide Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.22	1.71	1.44	1.58	-

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

For the Specialty Chemicals subindustry, Hardide'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.

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

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

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

Hardide Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.071	/	0.066
	=	1.08

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.

Hardide Price-to-Tangible-Book Related Terms

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

Hardide (LSE:HDD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hardide PLC (LSE:HDD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

9 Longlands Road, Bicester, Oxfordshire, GBR, OX26 5AH

Website

https://www.hardide.com

Hardide PLC is a UK-based company that acts as a provider of advanced tungsten carbide coatings for metal components operating in abrasive, erosive, corrosive, and chemically aggressive environments. The company provides nanostructured and patented, low-temperature chemical vapour deposition coating which provides wear and corrosion resistance and combines toughness with ductility. It extends the life of critical components across high-value industries and applications including oil and gas, pumps, aerospace, petrochemical, power generation, defense, industrial tooling, and others. The company has reportable segments namely UK operation, US operation, Corporate Central Functions., and Eliminations The majority of the company's revenue is generated from United Kingdom operations.

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