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Educational Development Corp (NAS:EDUC)
Price to Tangible Book Ratio
1.49 (As of Today)

As of today, Educational Development Corp's share price is $4.58. Educational Development Corp's Tangible Book Value per Share of Aug. 2014 for the quarter that ended in Aug. 2014 was $3.07. Hence, Educational Development Corp's Price to Tangible Book Ratio of today is 1.49.

EDUC' s 10-Year Price to Tangible Book Range
Min: 0.57   Max: 9.69
Current: 1.5

0.57
9.69

During the past 13 years, Educational Development Corp's highest Price to Tangible Book Ratio was 9.69. The lowest was 0.57. And the median was 1.65.

EDUC's Price to Tangible Bookis ranked higher than
85% of the 317 Companies
in the Global Publishing industry.

( Industry Median: 16.66 vs. EDUC: 1.50 )

A closely related ratio is called P/B Ratio. As of today, Educational Development Corp's share price is $4.58. Educational Development Corp's Book Value per Share for the quarter that ended in Aug. 2014 was $3.07. Hence, Educational Development Corp's P/B Ratio of today is 1.49.


Definition

Educational Development Corp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book Value per Share (Q: Aug. 2014 )
=4.58/3.07
=1.49

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

It can also be calculated from the numbers for the whole company:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Equity-Preferred Stock-Intangibles)

A closely related ratio is called P/B Ratio. The difference between Price-to-Tangible-Book Ratio and P/B 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.


Related Terms

P/B Ratio, Tangible Book Value per Share


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Educational Development Corp Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
p2tangible_book 3.502.261.851.310.861.541.731.361.151.19

Educational Development Corp Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
p2tangible_book 1.221.081.091.150.570.940.921.191.231.60
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