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Development Advance Solution (XKRX:058730) Price-to-Tangible-Book : 0.44 (As of May. 25, 2024)


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What is Development Advance Solution Price-to-Tangible-Book?

As of today (2024-05-25), Development Advance Solution's share price is ₩3450.00. Development Advance Solution's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₩7,901.05. Hence, Development Advance Solution's Price to Tangible Book Ratio of today is 0.44.

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

XKRX:058730' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.44   Med: 0.82   Max: 1.16
Current: 0.44

During the past 13 years, Development Advance Solution's highest Price to Tangible Book Ratio was 1.16. The lowest was 0.44. And the median was 0.82.

XKRX:058730's Price-to-Tangible-Book is ranked better than
84.55% of 602 companies
in the Steel industry
Industry Median: 1.05 vs XKRX:058730: 0.44

A closely related ratio is called PB Ratio. As of today, Development Advance Solution's share price is ₩3450.00. Development Advance Solution's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₩7,901.05. Hence, Development Advance Solution's P/B Ratio of today is 0.44.


Development Advance Solution Price-to-Tangible-Book Historical Data

The historical data trend for Development Advance Solution'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.

Development Advance Solution Price-to-Tangible-Book Chart

Development Advance Solution Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.67 0.69 0.64 0.53

Development Advance Solution Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.65 0.63 0.57 0.53 0.46

Competitive Comparison of Development Advance Solution's Price-to-Tangible-Book

For the Steel subindustry, Development Advance Solution'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.


Development Advance Solution's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Development Advance Solution's Price-to-Tangible-Book distribution charts can be found below:

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



Development Advance Solution Price-to-Tangible-Book Calculation

Development Advance Solution's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3450.00/7901.05
=0.44

* 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.


Development Advance Solution Price-to-Tangible-Book Related Terms

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


Development Advance Solution (XKRX:058730) Business Description

Traded in Other Exchanges
N/A
Address
1039-1,Unnong-ri, Dong-myeon, Hwaseong, Jeolla, KOR, 519-883
Development Advance Solution is a South Korean company engaged in manufacturing of structural metal sheet products and metal works used for buildings.

Development Advance Solution (XKRX:058730) Headlines

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