Clairvest Group (Clairvest Group) Price-to-Tangible-Book : 0.90 (As of Apr. 27, 2024)

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What is Clairvest Group Price-to-Tangible-Book?

As of today (2024-04-27), Clairvest Group's share price is $52.70. Clairvest Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $58.43. Hence, Clairvest Group's Price to Tangible Book Ratio of today is 0.90.

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

CVTGF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.78 Med: 0.94 Max: 1.14
Current: 0.92

During the past 13 years, Clairvest Group's highest Price to Tangible Book Ratio was 1.14. The lowest was 0.78. And the median was 0.94.

CVTGF's Price-to-Tangible-Book is ranked better than
55.32% of 1625 companies
in the Asset Management industry
Industry Median: 0.94 vs CVTGF: 0.92

A closely related ratio is called PB Ratio. As of today, Clairvest Group's share price is $52.70. Clairvest Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $58.43. Hence, Clairvest Group's P/B Ratio of today is 0.90.

Clairvest Group Price-to-Tangible-Book Historical Data

The historical data trend for Clairvest 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.

Clairvest Group Price-to-Tangible-Book Chart

Clairvest Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.99

0.75

0.82

0.85

0.98

Clairvest Group 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															0.90	0.98	0.95	1.12	0.90

Competitive Comparison of Clairvest Group's Price-to-Tangible-Book

For the Asset Management subindustry, Clairvest 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.

Clairvest Group's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Clairvest Group's Price-to-Tangible-Book distribution charts can be found below:

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

Clairvest Group Price-to-Tangible-Book Calculation

Clairvest 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 )
	=	52.70	/	58.426
	=	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.

Clairvest Group Price-to-Tangible-Book Related Terms

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

Clairvest Group (Clairvest Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Clairvest Group Inc (OTCPK:CVTGF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CVG:Canada

Address

22 St. Clair Avenue East, Suite 1700, Toronto, ON, CAN, M4T 2S3

Website

https://www.clairvest.com

Clairvest Group Inc is a Canadian private equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.