Carmit Candy Industries (XTAE:CRMT) Price-to-Tangible-Book : 0.80 (As of May. 14, 2024)

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What is Carmit Candy Industries Price-to-Tangible-Book?

As of today (2024-05-14), Carmit Candy Industries's share price is ₪10.30. Carmit Candy Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₪12.80. Hence, Carmit Candy Industries's Price to Tangible Book Ratio of today is 0.80.

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

XTAE:CRMT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62 Med: 0.97 Max: 1.38
Current: 0.8

During the past 8 years, Carmit Candy Industries's highest Price to Tangible Book Ratio was 1.38. The lowest was 0.62. And the median was 0.97.

XTAE:CRMT's Price-to-Tangible-Book is ranked better than
78.08% of 1706 companies
in the Consumer Packaged Goods industry
Industry Median: 1.71 vs XTAE:CRMT: 0.80

A closely related ratio is called PB Ratio. As of today, Carmit Candy Industries's share price is ₪10.30. Carmit Candy Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₪13.05. Hence, Carmit Candy Industries's P/B Ratio of today is 0.79.

Carmit Candy Industries Price-to-Tangible-Book Historical Data

The historical data trend for Carmit Candy Industries'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.

Carmit Candy Industries Price-to-Tangible-Book Chart

Carmit Candy Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.97

1.14

1.38

0.97

0.75

Carmit Candy Industries Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial									1.38	1.16	0.97	0.52	0.75

Competitive Comparison of Carmit Candy Industries's Price-to-Tangible-Book

For the Confectioners subindustry, Carmit Candy Industries'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.

Carmit Candy Industries's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Carmit Candy Industries's Price-to-Tangible-Book distribution charts can be found below:

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

Carmit Candy Industries Price-to-Tangible-Book Calculation

Carmit Candy Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	10.30	/	12.8
	=	0.80

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.

Carmit Candy Industries Price-to-Tangible-Book Related Terms

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

Carmit Candy Industries (XTAE:CRMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Carmit Candy Industries Ltd (XTAE:CRMT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Hahagana Street, Rishon Lezion, ISR, 75706

Website

http://www.carmit.co.il

Carmit Candy Industries Ltd is a confectionery manufacturer. It produces confectionery products for private label brands. Its products include chocolate coins, marshmallows, Dairy-free chocolate, lollipops and toffees, and chocolate bars, among others. It caters to industrial and professional markets in Israel and produces chocolate, which serves as raw material for the chocolate, ice cream, dairy, confectionery, bakery and other industries.