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Cliffside Capital (TSXV:CEP) Price-to-Tangible-Book : 0.37 (As of May. 03, 2024)


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What is Cliffside Capital Price-to-Tangible-Book?

As of today (2024-05-03), Cliffside Capital's share price is C$0.03. Cliffside Capital's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was C$0.08. Hence, Cliffside Capital's Price to Tangible Book Ratio of today is 0.37.

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

TSXV:CEP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.37   Med: 1.46   Max: 3.44
Current: 0.38

During the past 10 years, Cliffside Capital's highest Price to Tangible Book Ratio was 3.44. The lowest was 0.37. And the median was 1.46.

TSXV:CEP's Price-to-Tangible-Book is ranked better than
94.71% of 1626 companies
in the Asset Management industry
Industry Median: 0.94 vs TSXV:CEP: 0.38

A closely related ratio is called PB Ratio. As of today, Cliffside Capital's share price is C$0.03. Cliffside Capital's Book Value per Sharefor the quarter that ended in Sep. 2023 was C$0.08. Hence, Cliffside Capital's P/B Ratio of today is 0.37.


Cliffside Capital Price-to-Tangible-Book Historical Data

The historical data trend for Cliffside Capital'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.

Cliffside Capital Price-to-Tangible-Book Chart

Cliffside Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 2.50 0.57 1.89 1.53

Cliffside Capital Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.65 1.53 1.05 1.34 1.28

Competitive Comparison of Cliffside Capital's Price-to-Tangible-Book

For the Asset Management subindustry, Cliffside Capital'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.


Cliffside Capital's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cliffside Capital's Price-to-Tangible-Book distribution charts can be found below:

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



Cliffside Capital Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=0.03/0.082
=0.37

* 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.


Cliffside Capital Price-to-Tangible-Book Related Terms

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


Cliffside Capital (TSXV:CEP) Business Description

Traded in Other Exchanges
N/A
Address
11 Church Street, Suite 200, Toronto, ON, CAN, M5E 1W1
Cliffside Capital Ltd is focused on investing in strategic partnerships with third parties who have specialized expertise and a track record in originating and servicing loans and similar types of financial assets. It currently holds investments in the automotive financial services segment in Canada.

Cliffside Capital (TSXV:CEP) Headlines

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