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Desert Control AS (Desert Control AS) Price-to-Tangible-Book : 2.75 (As of May. 15, 2024)


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What is Desert Control AS Price-to-Tangible-Book?

As of today (2024-05-15), Desert Control AS's share price is $0.63. Desert Control AS's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.23. Hence, Desert Control AS's Price to Tangible Book Ratio of today is 2.75.

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

DRTFF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.94   Med: 5.68   Max: 7.8
Current: 3

During the past 5 years, Desert Control AS's highest Price to Tangible Book Ratio was 7.80. The lowest was 2.94. And the median was 5.68.

DRTFF's Price-to-Tangible-Book is ranked worse than
75.97% of 233 companies
in the Agriculture industry
Industry Median: 1.69 vs DRTFF: 3.00

A closely related ratio is called PB Ratio. As of today, Desert Control AS's share price is $0.63. Desert Control AS's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.23. Hence, Desert Control AS's P/B Ratio of today is 2.75.


Desert Control AS Price-to-Tangible-Book Historical Data

The historical data trend for Desert Control AS'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.

Desert Control AS Price-to-Tangible-Book Chart

Desert Control AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - - 6.33

Desert Control AS Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 8.15 9.60 12.61 6.33

Competitive Comparison of Desert Control AS's Price-to-Tangible-Book

For the Agricultural Inputs subindustry, Desert Control AS'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.


Desert Control AS's Price-to-Tangible-Book Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Desert Control AS's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Desert Control AS's Price-to-Tangible-Book falls into.



Desert Control AS Price-to-Tangible-Book Calculation

Desert Control AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.63/0.229
=2.75

* 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.


Desert Control AS Price-to-Tangible-Book Related Terms

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


Desert Control AS (Desert Control AS) Business Description

Traded in Other Exchanges
Address
Grenseveien 21, Sandnes, NOR, 4313
Desert Control AS is a climate technology company specialized in reclaiming degraded soil and turning desert sand into fertile soil. The patented product LNC (Liquid Natural Clay) is a liquid clay compound that enables sand and degraded soil to retain water and nutrients.