As of today (2024-04-18), Danieli & C. Officine Meccaniche SpA's share price is $26.40. Danieli & C. Officine Meccaniche SpA's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $34.54. Hence, Danieli & C. Officine Meccaniche SpA's Price to Tangible Book Ratio of today is 0.76.
The historical rank and industry rank for Danieli & C. Officine Meccaniche SpA's Price-to-Tangible-Book or its related term are showing as below:
DNIYY'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.45 Med: 0.76 Max: 1.15
Current: 1.08
During the past 13 years, Danieli & C. Officine Meccaniche SpA's highest Price to Tangible Book Ratio was 1.15. The lowest was 0.45. And the median was 0.76.
DNIYY's Price-to-Tangible-Book is ranked better than 78.91% of 2821
companies
in the Industrial Products industry
Industry Median: 2.06
vs DNIYY: 1.08
A closely related ratio is called PB Ratio. As of today, Danieli & C. Officine Meccaniche SpA's share price is $26.40. Danieli & C. Officine Meccaniche SpA's Book Value per Sharefor the quarter that ended in Jun. 2023 was $35.20. Hence, Danieli & C. Officine Meccaniche SpA's P/B Ratio of today is 0.75.
Danieli & C. Officine Meccaniche SpA Price-to-Tangible-Book Historical Data
The historical data trend for Danieli & C. Officine Meccaniche SpA'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.
Danieli & C. Officine Meccaniche SpA Annual Data
Trend
Jun14
Jun15
Jun16
Jun17
Jun18
Jun19
Jun20
Jun21
Jun22
Jun23
Price-to-Tangible-Book
0.43
0.28
0.54
0.53
0.53
Danieli & C. Officine Meccaniche SpA 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
0.61
0.53
0.49
0.53
-
Competitive Comparison
For the Specialty Industrial Machinery subindustry, Danieli & C. Officine Meccaniche SpA'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.
Danieli & C. Officine Meccaniche SpA Price-to-Tangible-Book Distribution
For the Industrial Products industry and Industrials sector, Danieli & C. Officine Meccaniche SpA's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Danieli & C. Officine Meccaniche SpA's Price-to-Tangible-Book falls into.
Danieli & C. Officine Meccaniche SpA Price-to-Tangible-Book Calculation
Danieli & C. Officine Meccaniche SpA'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.
Danieli & C. Officine Meccaniche SpA Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Danieli & C. Officine Meccaniche SpA's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Danieli & C. Officine Meccaniche SpA (Danieli & C. Officine Meccaniche SpA) Business Description
Danieli & C. Officine Meccaniche SpA is an Italy-based company that is engaged in manufacturing and distribution of steel and other nonferrous metal products as well as plant building. The company operates through two segments, namely steelmaking and plant making. The Steelmaking segment manufactures ingots, forged bars, blooms, rolled bars, bar in coils and others. End customers primarily come from the mechanical, automotive, oil & gas, power generation and other sectors. The Plant Making segment designs and builds mines, pellet production plants, furnaces, rolling mills and other various plants and facilities. The company has a global presence, with Europe, Middle East and Far East being the three largest markets for the company.
Danieli & C. Officine Meccaniche SpA (Danieli & C. Officine Meccaniche SpA) Headlines
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