Educational Development Price-to-Tangible-Book Definition
As of today (2024-04-24), Educational Development's share price is $2.06. Educational Development's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $5.50. Hence, Educational Development's Price to Tangible Book Ratio of today is 0.37.
The historical rank and industry rank for Educational Development's Price-to-Tangible-Book or its related term are showing as below:
EDUC'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.15 Med: 2.08 Max: 4.24
Current: 0.37
During the past 13 years, Educational Development's highest Price to Tangible Book Ratio was 4.24. The lowest was 0.15. And the median was 2.08.
EDUC's Price-to-Tangible-Book is ranked better than 91.51% of 777
companies
in the Media - Diversified industry
Industry Median: 1.87
vs EDUC: 0.37
A closely related ratio is called PB Ratio. As of today, Educational Development's share price is $2.06. Educational Development's Book Value per Sharefor the quarter that ended in Nov. 2023 was $5.50. Hence, Educational Development's P/B Ratio of today is 0.37.
Educational Development Price-to-Tangible-Book Historical Data
The historical data trend for Educational Development'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.
For the Publishing subindustry, Educational Development'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.
Educational Development Price-to-Tangible-Book Distribution
For the Media - Diversified industry and Communication Services sector, Educational Development's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Educational Development's Price-to-Tangible-Book falls into.
Educational Development Price-to-Tangible-Book Calculation
Educational Development's price-to-tangible-book ratio for today is calculated as:
* 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.
Educational Development Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Educational Development's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Educational Development (Educational Development) Business Description
Educational Development Corp is the United States trade publisher of the line of educational children's books produced in the United Kingdom. Its business activity functions with two reportable segments: Direct Sales Division segment and Publishing Division segment. The Publishing Division segment markets its products to retail accounts, which include the book, school supplies, toy and gift stores and museums, through commissioned sales representatives, trade and specialty wholesalers and an internal telesales group. The Direct Sales Division segment sells their books and products through independent brand partners direct to the customer. It derives a majority of revenue from the Direct sales division segment.
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