Kossan Rubber Industries Bhd (XKLS:7153) Price-to-Tangible-Book : 1.53 (As of May. 06, 2024)

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What is Kossan Rubber Industries Bhd Price-to-Tangible-Book?

As of today (2024-05-06), Kossan Rubber Industries Bhd's share price is RM2.30. Kossan Rubber Industries Bhd's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was RM1.50. Hence, Kossan Rubber Industries Bhd's Price to Tangible Book Ratio of today is 1.53.

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

XKLS:7153' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.73 Med: 3.91 Max: 6.3
Current: 1.53

During the past 13 years, Kossan Rubber Industries Bhd's highest Price to Tangible Book Ratio was 6.30. The lowest was 0.73. And the median was 3.91.

XKLS:7153's Price-to-Tangible-Book is ranked better than
72.1% of 699 companies
in the Medical Devices & Instruments industry
Industry Median: 2.74 vs XKLS:7153: 1.53

A closely related ratio is called PB Ratio. As of today, Kossan Rubber Industries Bhd's share price is RM2.30. Kossan Rubber Industries Bhd's Book Value per Sharefor the quarter that ended in Dec. 2023 was RM1.50. Hence, Kossan Rubber Industries Bhd's P/B Ratio of today is 1.53.

Kossan Rubber Industries Bhd Price-to-Tangible-Book Historical Data

The historical data trend for Kossan Rubber Industries Bhd'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.

Kossan Rubber Industries Bhd Price-to-Tangible-Book Chart

Kossan Rubber Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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3.75

4.83

1.22

0.73

1.23

Kossan Rubber Industries Bhd 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															0.73	0.88	0.87	0.88	1.23

Competitive Comparison of Kossan Rubber Industries Bhd's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Kossan Rubber Industries Bhd'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.

Kossan Rubber Industries Bhd's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kossan Rubber Industries Bhd's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kossan Rubber Industries Bhd's Price-to-Tangible-Book falls into.

Kossan Rubber Industries Bhd Price-to-Tangible-Book Calculation

Kossan Rubber Industries Bhd's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.30	/	1.501
	=	1.53

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.

Kossan Rubber Industries Bhd Price-to-Tangible-Book Related Terms

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

Kossan Rubber Industries Bhd (XKLS:7153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Kossan Rubber Industries Bhd (XKLS:7153) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 782, Jalan Sungai Putus, Wisma Kossan, Off Batu 3 ¾ Jalan Kapar, Klang, SGR, MYS, 42100

Website

https://www.kossan.com.my

Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical-grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber's revenue is generated through exports outside of Malaysia.

Kossan Rubber Industries Bhd (XKLS:7153) Headlines

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