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Nicolas Correa (XMAD:NEA) Price-to-Tangible-Book : 1.30 (As of May. 09, 2024)


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What is Nicolas Correa Price-to-Tangible-Book?

As of today (2024-05-09), Nicolas Correa's share price is €6.72. Nicolas Correa's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €5.19. Hence, Nicolas Correa's Price to Tangible Book Ratio of today is 1.30.

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

XMAD:NEA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58   Med: 1.16   Max: 1.46
Current: 1.29

During the past 13 years, Nicolas Correa's highest Price to Tangible Book Ratio was 1.46. The lowest was 0.58. And the median was 1.16.

XMAD:NEA's Price-to-Tangible-Book is ranked better than
72.99% of 2821 companies
in the Industrial Products industry
Industry Median: 2.15 vs XMAD:NEA: 1.29

A closely related ratio is called PB Ratio. As of today, Nicolas Correa's share price is €6.72. Nicolas Correa's Book Value per Sharefor the quarter that ended in Dec. 2023 was €6.05. Hence, Nicolas Correa's P/B Ratio of today is 1.11.


Nicolas Correa Price-to-Tangible-Book Historical Data

The historical data trend for Nicolas Correa'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.

Nicolas Correa Price-to-Tangible-Book Chart

Nicolas Correa 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 1.32 1.28 1.46 1.01 1.25

Nicolas Correa Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.46 1.24 1.01 1.25 1.25

Competitive Comparison of Nicolas Correa's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Nicolas Correa'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.


Nicolas Correa's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

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



Nicolas Correa Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=6.72/5.185
=1.30

* 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.


Nicolas Correa Price-to-Tangible-Book Related Terms

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


Nicolas Correa (XMAD:NEA) Business Description

Traded in Other Exchanges
N/A
Address
Alcalde Martin Cobos 16A, Burgos, ESP, 09007
Nicolas Correa SA is primarily engaged in the design and manufacture of milling machines. The company mainly specializes in the provision of milling solutions for the manufacturers of dies and moulds, monolithic elements for aeronautics, automotive, railway, wind, energy, as well as energy and general mechanical sectors, among others.

Nicolas Correa (XMAD:NEA) Headlines

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