CTT Systems AB (OSTO:CTT) Price-to-Tangible-Book : 16.14 (As of May. 14, 2024)

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What is CTT Systems AB Price-to-Tangible-Book?

As of today (2024-05-14), CTT Systems AB's share price is kr332.00. CTT Systems AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr20.57. Hence, CTT Systems AB's Price to Tangible Book Ratio of today is 16.14.

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

OSTO:CTT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.32 Med: 13.02 Max: 22.87
Current: 16.14

During the past 13 years, CTT Systems AB's highest Price to Tangible Book Ratio was 22.87. The lowest was 5.32. And the median was 13.02.

OSTO:CTT's Price-to-Tangible-Book is ranked worse than
92.25% of 258 companies
in the Aerospace & Defense industry
Industry Median: 3.14 vs OSTO:CTT: 16.14

A closely related ratio is called PB Ratio. As of today, CTT Systems AB's share price is kr332.00. CTT Systems AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr27.02. Hence, CTT Systems AB's P/B Ratio of today is 12.29.

CTT Systems AB Price-to-Tangible-Book Historical Data

The historical data trend for CTT Systems AB'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.

CTT Systems AB Price-to-Tangible-Book Chart

CTT Systems AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

11.94

12.93

19.79

14.15

12.29

CTT Systems AB 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															11.73	14.69	13.42	12.29	16.14

Competitive Comparison of CTT Systems AB's Price-to-Tangible-Book

For the Aerospace & Defense subindustry, CTT Systems AB'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.

CTT Systems AB's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CTT Systems AB's Price-to-Tangible-Book distribution charts can be found below:

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

CTT Systems AB Price-to-Tangible-Book Calculation

CTT Systems AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	332.00	/	20.568
	=	16.14

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.

CTT Systems AB Price-to-Tangible-Book Related Terms

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

CTT Systems AB (OSTO:CTT) Business Description

Industry

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Traded in Other Exchanges

0GUO:UK

Address

Brukslagarvagen 5, Box 1042, Nykoping, SWE, 61129

Website

https://www.ctt.se

CTT Systems AB manufacturer and provider of humidity control systems for aircraft. The company offers a Zonal Drying system that prevents condensation within an aircraft during humidification. The company's product line includes various humidifiers. It sells its products to aircraft manufacturers and transportation companies. The group's products, Zonal Drying System and Cair create conditions facilitating improved profitability and flight safety as well as considerably enhanced comfort for passengers and cabin personnel. It supplies these systems to aircraft manufacturers for installation during the production of new aircraft and to airlines for existing aircraft fleets. Geographically company generates the majority of its revenue from Denmark.