GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Adgar Investments & Development Ltd (XTAE:ADGR) » Definitions » Price-to-Tangible-Book

Adgar Investments & Development (XTAE:ADGR) Price-to-Tangible-Book : 0.55 (As of May. 16, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Adgar Investments & Development Price-to-Tangible-Book?

As of today (2024-05-16), Adgar Investments & Development's share price is ₪4.911. Adgar Investments & Development's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₪8.97. Hence, Adgar Investments & Development's Price to Tangible Book Ratio of today is 0.55.

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

XTAE:ADGR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53   Med: 0.78   Max: 1.02
Current: 0.55

During the past 13 years, Adgar Investments & Development's highest Price to Tangible Book Ratio was 1.02. The lowest was 0.53. And the median was 0.78.

XTAE:ADGR's Price-to-Tangible-Book is ranked better than
67.92% of 1724 companies
in the Real Estate industry
Industry Median: 0.84 vs XTAE:ADGR: 0.55

A closely related ratio is called PB Ratio. As of today, Adgar Investments & Development's share price is ₪4.911. Adgar Investments & Development's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₪8.98. Hence, Adgar Investments & Development's P/B Ratio of today is 0.55.


Adgar Investments & Development Price-to-Tangible-Book Historical Data

The historical data trend for Adgar Investments & Development'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.

Adgar Investments & Development Price-to-Tangible-Book Chart

Adgar Investments & Development 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 1.02 0.77 0.97 0.63 0.57

Adgar Investments & Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.46 0.51 0.52 0.57

Competitive Comparison of Adgar Investments & Development's Price-to-Tangible-Book

For the Real Estate Services subindustry, Adgar Investments & Development'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.


Adgar Investments & Development's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Adgar Investments & Development's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Adgar Investments & Development's Price-to-Tangible-Book falls into.



Adgar Investments & Development Price-to-Tangible-Book Calculation

Adgar Investments & Development's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=4.911/8.971
=0.55

* 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.


Adgar Investments & Development Price-to-Tangible-Book Related Terms

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


Adgar Investments & Development (XTAE:ADGR) Business Description

Traded in Other Exchanges
N/A
Address
35 Efal Street, Petach Tikva, ISR, 49511
Adgar Investments & Development Ltd is a real estate company. It operates in the income-producing real estate market. The company holds investment properties, mainly for use as office premises in Israel and abroad. It also develops and manages construction projects. The company operates in Israel, Canada, Poland, and Belgium.

Adgar Investments & Development (XTAE:ADGR) Headlines

No Headlines