Corporate Travel Management (ASX:CTD) Price-to-Tangible-Book : 12.19 (As of Apr. 26, 2024)

View and export this data going back to 2010. Start your Free Trial

What is Corporate Travel Management Price-to-Tangible-Book?

As of today (2024-04-26), Corporate Travel Management's share price is A$14.99. Corporate Travel Management's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$1.23. Hence, Corporate Travel Management's Price to Tangible Book Ratio of today is 12.19.

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

ASX:CTD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 12.19 Med: 31.43 Max: 1060.8
Current: 12.19

During the past 13 years, Corporate Travel Management's highest Price to Tangible Book Ratio was 1060.80. The lowest was 12.19. And the median was 31.43.

ASX:CTD's Price-to-Tangible-Book is ranked worse than
92.32% of 664 companies
in the Travel & Leisure industry
Industry Median: 1.9 vs ASX:CTD: 12.19

A closely related ratio is called PB Ratio. As of today, Corporate Travel Management's share price is A$14.99. Corporate Travel Management's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$8.02. Hence, Corporate Travel Management's P/B Ratio of today is 1.87.

Corporate Travel Management Price-to-Tangible-Book Historical Data

The historical data trend for Corporate Travel Management'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.

Corporate Travel Management Price-to-Tangible-Book Chart

Corporate Travel Management Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

39.46

73.55

37.05

27.08

16.04

Corporate Travel Management Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															19.79	27.08	20.43	16.04	15.90

Competitive Comparison of Corporate Travel Management's Price-to-Tangible-Book

For the Travel Services subindustry, Corporate Travel Management'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.

Corporate Travel Management's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Corporate Travel Management's Price-to-Tangible-Book distribution charts can be found below:

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

Corporate Travel Management Price-to-Tangible-Book Calculation

Corporate Travel Management's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	14.99	/	1.23
	=	12.19

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.

Corporate Travel Management Price-to-Tangible-Book Related Terms

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

Corporate Travel Management (ASX:CTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Corporate Travel Management Ltd (ASX:CTD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

1C6:Germany

Address

307 Queen Street, Level 24, Brisbane, QLD, AUS, 4000

Website

https://www.travelctm.com

Corporate Travel Management provides travel services for business and government clients across the Americas, Australia and New Zealand, Europe, and Asia. The company has built scale and breadth through both organic growth and acquisitions. As of 2022, Corporate Travel is the world's fourth-largest corporate travel management company based with pro forma, pre-COVID-19 total transaction volumes of AUD 11 billion, but it remains a relative minnow in the highly fragmented USD 1.5 trillion global market. The group offers expertise and personalized service to corporate clients spanning various industries such as government, healthcare, mining, energy, infrastructure, and construction. Before the pandemic, more than 60% of the group's client travel was domestic (within country) in nature.

Corporate Travel Management (ASX:CTD) Headlines

No Headlines