Abundante (SGX:570) Price-to-Tangible-Book : 1.23 (As of May. 24, 2024)

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What is Abundante Price-to-Tangible-Book?

As of today (2024-05-24), Abundante's share price is S$0.21. Abundante's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was S$0.17. Hence, Abundante's Price to Tangible Book Ratio of today is 1.23.

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

SGX:570' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53 Med: 1.24 Max: 1.91
Current: 1.24

During the past 13 years, Abundante's highest Price to Tangible Book Ratio was 1.91. The lowest was 0.53. And the median was 1.24.

SGX:570's Price-to-Tangible-Book is not ranked
in the Business Services industry.
Industry Median: 2.07 vs SGX:570: 1.24

A closely related ratio is called PB Ratio. As of today, Abundante's share price is S$0.21. Abundante's Book Value per Sharefor the quarter that ended in Aug. 2023 was S$0.17. Hence, Abundante's P/B Ratio of today is 1.23.

Abundante Price-to-Tangible-Book Historical Data

The historical data trend for Abundante'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.

Abundante Price-to-Tangible-Book Chart

Abundante Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.22

0.67

0.97

0.82

0.84

Abundante Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.10	0.82	0.90	0.84	1.23

Competitive Comparison of Abundante's Price-to-Tangible-Book

For the Rental & Leasing Services subindustry, Abundante'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.

Abundante's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Abundante's Price-to-Tangible-Book distribution charts can be found below:

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

Abundante Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Aug. 2023 )
	=	0.21	/	0.171
	=	1.23

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.

Abundante Price-to-Tangible-Book Related Terms

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

Abundante (SGX:570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Abundante Ltd (SGX:570) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Paya Lebar Road, No. 07-09 Orion, Singapore, SGP, 409022

Website

https://www.tmcltd.com.sg

Abundante Ltd formerly Transit-Mixed Concrete Ltd is an investment holding company. It is mainly engaged in the business of supplying, concrete pumping services, and liquid waste management. It operates through two business segments, The Concrete Pumping Services segment is involved in the rental of concrete pumping services, and the Waste Management segment is engaged in the provision of waste management services including sewer pipeline inspection with a video camera. It derives income through its concrete pumping services which account for its revenues through its operations in Singapore.

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