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Elspec Engineering (XTAE:ELSPC) Price-to-Tangible-Book : 1.53 (As of May. 30, 2024)


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What is Elspec Engineering Price-to-Tangible-Book?

As of today (2024-05-30), Elspec Engineering's share price is ₪5.089. Elspec Engineering's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₪3.33. Hence, Elspec Engineering's Price to Tangible Book Ratio of today is 1.53.

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

XTAE:ELSPC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.89   Med: 1.68   Max: 2.49
Current: 1.53

During the past 11 years, Elspec Engineering's highest Price to Tangible Book Ratio was 2.49. The lowest was 0.89. And the median was 1.68.

XTAE:ELSPC's Price-to-Tangible-Book is ranked better than
66.1% of 2835 companies
in the Industrial Products industry
Industry Median: 2.11 vs XTAE:ELSPC: 1.53

A closely related ratio is called PB Ratio. As of today, Elspec Engineering's share price is ₪5.089. Elspec Engineering's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₪3.93. Hence, Elspec Engineering's P/B Ratio of today is 1.30.


Elspec Engineering Price-to-Tangible-Book Historical Data

The historical data trend for Elspec Engineering'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.

Elspec Engineering Price-to-Tangible-Book Chart

Elspec Engineering 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 1.16 2.08 1.35 1.01 1.72

Elspec Engineering Semi-Annual Data
Dec13 Dec14 Dec15 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 1.35 1.16 1.01 1.10 1.72

Competitive Comparison of Elspec Engineering's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Elspec Engineering'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.


Elspec Engineering's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

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



Elspec Engineering Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=5.089/3.33
=1.53

* 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.


Elspec Engineering Price-to-Tangible-Book Related Terms

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


Elspec Engineering (XTAE:ELSPC) Business Description

Traded in Other Exchanges
N/A
Address
4 HaShoham Street, Zone 23, Caesarea Industrial Park, P.O. Box 3019, Caesarea, ISR, 38900
Elspec Engineering Ltd is a provider of power quality solutions & services. It provides electrical power quality analyzers, real-time power factor correction systems, and energy saving solutions to the industrial, commercial, and utility industries. It has three research and development departments such as software and signal processing engineers, hardware analog, digital and power electricians.

Elspec Engineering (XTAE:ELSPC) Headlines

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