Conifex Timber (TSX:CFF) Price-to-Tangible-Book : 0.22 (As of May. 12, 2024)

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What is Conifex Timber Price-to-Tangible-Book?

As of today (2024-05-12), Conifex Timber's share price is C$0.60. Conifex Timber's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$2.74. Hence, Conifex Timber's Price to Tangible Book Ratio of today is 0.22.

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

TSX:CFF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.22 Med: 0.49 Max: 1.21
Current: 0.22

During the past 13 years, Conifex Timber's highest Price to Tangible Book Ratio was 1.21. The lowest was 0.22. And the median was 0.49.

TSX:CFF's Price-to-Tangible-Book is ranked better than
95.32% of 278 companies
in the Forest Products industry
Industry Median: 1.065 vs TSX:CFF: 0.22

A closely related ratio is called PB Ratio. As of today, Conifex Timber's share price is C$0.60. Conifex Timber's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$2.86. Hence, Conifex Timber's P/B Ratio of today is 0.21.

Conifex Timber Price-to-Tangible-Book Historical Data

The historical data trend for Conifex Timber'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.

Conifex Timber Price-to-Tangible-Book Chart

Conifex Timber Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.28

0.60

0.67

0.46

0.24

Conifex Timber Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.46	0.44	0.37	0.29	0.24

Competitive Comparison of Conifex Timber's Price-to-Tangible-Book

For the Lumber & Wood Production subindustry, Conifex Timber'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.

Conifex Timber's Price-to-Tangible-Book Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Conifex Timber's Price-to-Tangible-Book distribution charts can be found below:

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

Conifex Timber Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.60	/	2.737
	=	0.22

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.

Conifex Timber Price-to-Tangible-Book Related Terms

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

Conifex Timber (TSX:CFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Conifex Timber Inc (TSX:CFF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CFXTF:USA 5CA:Germany

Address

980-700 West Georgia Street, Vancouver, BC, CAN, V7Y 1B6

Website

https://www.conifex.com

Conifex Timber Inc is a Canada-based forestry company. It operates through two segments: Lumber and Bioenergy. The main activities of the lumbar segment include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing. The firm's primary activities in the bioenergy segment are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts which are complementary to the company's harvesting and manufacturing operations. The firm's main activities areas are the United States, Chinese, Canadian and Japanese markets. The revenues are generated from lumber in the United States of America.

Executives

John Michael Costello

Director

Conifex Timber (TSX:CFF) Headlines

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