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Ginegar Plastic Products (XTAE:GNGR) Price-to-Tangible-Book : 0.77 (As of Jun. 01, 2024)


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What is Ginegar Plastic Products Price-to-Tangible-Book?

As of today (2024-06-01), Ginegar Plastic Products's share price is ₪10.50. Ginegar Plastic Products's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₪13.56. Hence, Ginegar Plastic Products's Price to Tangible Book Ratio of today is 0.77.

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

XTAE:GNGR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6   Med: 1.43   Max: 2.64
Current: 0.77

During the past 11 years, Ginegar Plastic Products's highest Price to Tangible Book Ratio was 2.64. The lowest was 0.60. And the median was 1.43.

XTAE:GNGR's Price-to-Tangible-Book is ranked better than
73.41% of 993 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.33 vs XTAE:GNGR: 0.77

A closely related ratio is called PB Ratio. As of today, Ginegar Plastic Products's share price is ₪10.50. Ginegar Plastic Products's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₪14.56. Hence, Ginegar Plastic Products's P/B Ratio of today is 0.72.


Ginegar Plastic Products Price-to-Tangible-Book Historical Data

The historical data trend for Ginegar Plastic Products'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.

Ginegar Plastic Products Price-to-Tangible-Book Chart

Ginegar Plastic Products 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 1.40 1.13 1.52 0.60 0.70

Ginegar Plastic Products 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 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 0.60 0.55 0.49 0.52 0.70

Competitive Comparison of Ginegar Plastic Products's Price-to-Tangible-Book

For the Textile Manufacturing subindustry, Ginegar Plastic Products'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.


Ginegar Plastic Products's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ginegar Plastic Products's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ginegar Plastic Products's Price-to-Tangible-Book falls into.



Ginegar Plastic Products Price-to-Tangible-Book Calculation

Ginegar Plastic Products's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=10.50/13.555
=0.77

* 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.


Ginegar Plastic Products Price-to-Tangible-Book Related Terms

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


Ginegar Plastic Products (XTAE:GNGR) Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Ginegar, Ginegar, ISR, 30053
Ginegar Plastic Products Ltd is a manufacturer of smart covers solutions for agriculture and horticulture applications. It develops and produces greenhouses cover films and mulch films for open field cultivation. The company's products include Sun Selector, Mulch More, Ozgard, Superseal and five Layer Technology.

Ginegar Plastic Products (XTAE:GNGR) Headlines

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