GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Daedong Metals Co Ltd (XKRX:020400) » Definitions » Price-to-Tangible-Book

Daedong Metals Co (XKRX:020400) Price-to-Tangible-Book : 0.54 (As of Jun. 11, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Daedong Metals Co Price-to-Tangible-Book?

As of today (2024-06-11), Daedong Metals Co's share price is ₩8540.00. Daedong Metals Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₩15,953.61. Hence, Daedong Metals Co's Price to Tangible Book Ratio of today is 0.54.

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

XKRX:020400' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.52   Med: 0.71   Max: 1.32
Current: 0.54

During the past 13 years, Daedong Metals Co's highest Price to Tangible Book Ratio was 1.32. The lowest was 0.52. And the median was 0.71.

XKRX:020400's Price-to-Tangible-Book is ranked better than
93.25% of 2816 companies
in the Industrial Products industry
Industry Median: 2.04 vs XKRX:020400: 0.54

A closely related ratio is called PB Ratio. As of today, Daedong Metals Co's share price is ₩8540.00. Daedong Metals Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₩16,128.70. Hence, Daedong Metals Co's P/B Ratio of today is 0.53.


Daedong Metals Co Price-to-Tangible-Book Historical Data

The historical data trend for Daedong Metals Co'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.

Daedong Metals Co Price-to-Tangible-Book Chart

Daedong Metals Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.68 0.71 0.61 0.90

Daedong Metals Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.66 0.68 0.90 0.56

Competitive Comparison of Daedong Metals Co's Price-to-Tangible-Book

For the Metal Fabrication subindustry, Daedong Metals Co'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.


Daedong Metals Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daedong Metals Co's Price-to-Tangible-Book distribution charts can be found below:

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



Daedong Metals Co Price-to-Tangible-Book Calculation

Daedong Metals Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=8540.00/15953.605
=0.54

* 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.

It can also be calculated from the numbers for the whole company:

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.


Daedong Metals Co Price-to-Tangible-Book Related Terms

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


Daedong Metals Co (XKRX:020400) Business Description

Traded in Other Exchanges
N/A
Address
602 Nongong-ro, Nongong-eub, Dalsung -gun, Daegu, KOR
Daedong Metals Co Ltd is engaged in producing and selling casting parts for agricultural machinery, heavy equipment, and automotive markets in South Korea. Its automotive parts include cylinder heads and blocks; agricultural machinery parts comprise cylinder heads and blocks, clutch housings, middle cases, transmission cases, and hydraulic cylinders; and construction equipment parts consist of valve blocks, MCVs, shaft, and valve casings, cylinder blocks, and main and pump cases. The company also offers other parts, such as housings and flywheel housings.

Daedong Metals Co (XKRX:020400) Headlines

No Headlines