Chemring Group (Chemring Group) Price-to-Tangible-Book

: 4.12 (As of Today)

View and export this data going back to . Start your Free Trial

As of today (2024-04-19), Chemring Group's share price is $4.48. Chemring Group's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $1.09. Hence, Chemring Group's Price to Tangible Book Ratio of today is 4.12.

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

CMGMF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.49 Med: 4.01 Max: 7.65
Current: 3.9

During the past 13 years, Chemring Group's highest Price to Tangible Book Ratio was 7.65. The lowest was 2.49. And the median was 4.01.

CMGMF's Price-to-Tangible-Book is ranked worse than
59.85% of 259 companies
in the Aerospace & Defense industry
Industry Median: 3.01 vs CMGMF: 3.90

A closely related ratio is called PB Ratio. As of today, Chemring Group's share price is $4.48. Chemring Group's Book Value per Sharefor the quarter that ended in Oct. 2023 was $1.64. Hence, Chemring Group's P/B Ratio of today is 2.73.

Chemring Group Price-to-Tangible-Book Historical Data

The historical data trend for Chemring 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.

Chemring Group Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Price-to-Tangible-Book

3.47

4.10

4.35

4.10

3.35

Chemring Group Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Price-to-Tangible-Book																4.35	3.90	4.10	3.20	3.35

Competitive Comparison

For the Aerospace & Defense subindustry, Chemring 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.

Chemring Group Price-to-Tangible-Book Distribution

For the Aerospace & Defense industry and Industrials sector, Chemring Group's Price-to-Tangible-Book distribution charts can be found below:

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

Chemring Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Oct. 2023 )
	=	4.48	/	1.088
	=	4.12

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.

Chemring Group Price-to-Tangible-Book Related Terms

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

Chemring Group (Chemring Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Chemring Group PLC (OTCPK:CMGMF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CMGMY:USA CHGl:UK CHG:UK CMN1:Germany

Address

Old Salisbury Lane, Roke Manor, Romsey, Hampshire, GBR, SO51 0ZN

Website

http://www.chemring.co.uk

Chemring Group PLC is a defense technology company. The company's operating segment includes Sensors and Information; it is engaged in the development and manufacturing of electronic countermeasures, chemical and biological threat detection equipment, and explosive hazard detection (EHD) equipment. and Countermeasures and Energetics segment is engaged in the development and manufacturing of expendable countermeasures for air and sea platforms, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile components, propellants, separation sub-systems, actuators, and energetic materials. It generates maximum revenue from the Countermeasures and Energetics segment. Geographically, the majority of the revenue for the company is generated from UK.