Shimmick (Shimmick) Price-to-Tangible-Book : 0.79 (As of May. 16, 2024)

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What is Shimmick Price-to-Tangible-Book?

As of today (2024-05-16), Shimmick's share price is $1.9101. Shimmick's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.43. Hence, Shimmick's Price to Tangible Book Ratio of today is 0.79.

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

SHIM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79 Med: 2.71 Max: 2.71
Current: 0.79

During the past 3 years, Shimmick's highest Price to Tangible Book Ratio was 2.71. The lowest was 0.79. And the median was 2.71.

SHIM's Price-to-Tangible-Book is ranked better than
70.85% of 1506 companies
in the Construction industry
Industry Median: 1.37 vs SHIM: 0.79

A closely related ratio is called PB Ratio. As of today, Shimmick's share price is $1.9101. Shimmick's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.79. Hence, Shimmick's P/B Ratio of today is 0.68.

Shimmick Price-to-Tangible-Book Historical Data

The historical data trend for Shimmick'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.

Shimmick Price-to-Tangible-Book Chart

Shimmick Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.71

Shimmick Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	2.71

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

For the Engineering & Construction subindustry, Shimmick'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.

Shimmick's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shimmick's Price-to-Tangible-Book distribution charts can be found below:

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

Shimmick Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.9101	/	2.432
	=	0.79

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.

Shimmick Price-to-Tangible-Book Related Terms

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

Shimmick (Shimmick) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shimmick Corp (NAS:SHIM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

530 Technology Drive, Suite 300, Irvine, CA, USA, 92618

Website

https://www.shimmick.com

Shimmick Corp is a leading provider of water and other critical infrastructure solutions nationwide. It selectively focuses on the following types of infrastructure projects: Water Treatment, Water Resources, and Other Critical Infrastructure. In water treatment projects the company expands, rehabilitates, upgrades, builds and rebuilds water and wastewater treatment infrastructure, including desalination plants. In water resources projects company builds, expands, and improves water storage and conveyance, dams, levees, flood control systems, pump stations, and coastal protection. In Other Critical Infrastructure projects, It builds, retrofits, expands, rehabilitates, operates, and maintains its nation's critical infrastructure, including mass transit, bridges, and military infrastructure.

Shimmick (Shimmick) Headlines

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