Resource Development Group (ASX:RDG) Price-to-Tangible-Book : 0.90 (As of Apr. 28, 2024)

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What is Resource Development Group Price-to-Tangible-Book?

As of today (2024-04-28), Resource Development Group's share price is A$0.035. Resource Development Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.04. Hence, Resource Development Group's Price to Tangible Book Ratio of today is 0.90.

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

ASX:RDG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33 Med: 1.06 Max: 3.75
Current: 0.88

During the past 13 years, Resource Development Group's highest Price to Tangible Book Ratio was 3.75. The lowest was 0.33. And the median was 1.06.

ASX:RDG's Price-to-Tangible-Book is ranked better than
66.6% of 1500 companies
in the Construction industry
Industry Median: 1.33 vs ASX:RDG: 0.88

A closely related ratio is called PB Ratio. As of today, Resource Development Group's share price is A$0.035. Resource Development Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.04. Hence, Resource Development Group's P/B Ratio of today is 0.88.

Resource Development Group Price-to-Tangible-Book Historical Data

The historical data trend for Resource Development Group'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.

Resource Development Group Price-to-Tangible-Book Chart

Resource Development Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.80

1.15

1.35

1.32

1.46

Resource Development Group 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															2.67	1.32	1.76	1.46	1.15

Competitive Comparison of Resource Development Group's Price-to-Tangible-Book

For the Engineering & Construction subindustry, Resource Development Group'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.

Resource Development Group's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Resource Development Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Resource Development Group's Price-to-Tangible-Book falls into.

Resource Development Group Price-to-Tangible-Book Calculation

Resource Development Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.035	/	0.039
	=	0.90

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.

Resource Development Group Price-to-Tangible-Book Related Terms

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

Resource Development Group (ASX:RDG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Resource Development Group Ltd (ASX:RDG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 3, 14 Walters Drive, Osborne Park, Perth, WA, AUS, 6017

Website

https://www.resdevgroup.com.au

Resource Development Group Ltd provides contracting, remedial and construction services to the mining and oil and gas sectors within Australia as well as residential building and development. Its business division includes the Construction segment generating, a majority of the firm's revenue. The company provides multi-disciplinary construction services; ancillary, remedial, and protective maintenance services; EPCM, PMC, or integrated team project delivery solutions; EPC project delivery solutions; design and construct package delivery solutions, and optimizing services. It also provides services to the resource, infrastructure, energy, government, utilities and defence sectors within Australia.

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