CTS Global Equity Group (PHS:CTS) Price-to-Tangible-Book : 2.17 (As of May. 27, 2024)

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What is CTS Global Equity Group Price-to-Tangible-Book?

As of today (2024-05-27), CTS Global Equity Group's share price is ₱0.64. CTS Global Equity Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₱0.30. Hence, CTS Global Equity Group's Price to Tangible Book Ratio of today is 2.17.

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

PHS:CTS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.13 Med: 2.88 Max: 3.32
Current: 2.13

During the past 6 years, CTS Global Equity Group's highest Price to Tangible Book Ratio was 3.32. The lowest was 2.13. And the median was 2.88.

PHS:CTS's Price-to-Tangible-Book is ranked worse than
63.91% of 726 companies
in the Capital Markets industry
Industry Median: 1.36 vs PHS:CTS: 2.13

A closely related ratio is called PB Ratio. As of today, CTS Global Equity Group's share price is ₱0.64. CTS Global Equity Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₱0.30. Hence, CTS Global Equity Group's P/B Ratio of today is 2.17.

CTS Global Equity Group Price-to-Tangible-Book Historical Data

The historical data trend for CTS Global Equity Group'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.

CTS Global Equity Group Price-to-Tangible-Book Chart

CTS Global Equity Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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3.32

2.57

CTS Global Equity Group Quarterly Data
	Dec18	Dec19	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												3.02	2.74	2.72	2.57	2.47

Competitive Comparison of CTS Global Equity Group's Price-to-Tangible-Book

For the Capital Markets subindustry, CTS Global Equity Group'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.

CTS Global Equity Group's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CTS Global Equity Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CTS Global Equity Group's Price-to-Tangible-Book falls into.

CTS Global Equity Group Price-to-Tangible-Book Calculation

CTS Global Equity Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.64	/	0.295
	=	2.17

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.

CTS Global Equity Group Price-to-Tangible-Book Related Terms

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

CTS Global Equity Group (PHS:CTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CTS Global Equity Group Inc (PHS:CTS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Exchange Road, Ortigas Center, 27th floor East Tower, Tektite Towers, Metro Manila, Pasig, PHL, 1605

Website

https://www.ctsglobalgroup.com

CTS Global Equity Group Inc is a stock brokerage firm in the Philippines. The company is engaged as Broker-Dealer in Securities and Proprietary Trading. It offers financial services to the clients, by giving them access to trade the Philippine market with the support and assistance of a seasoned broker. Its internship program, trader training, and client advisory business give its clients and stakeholders the opportunity to participate in the capital markets.