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Desane Group Holdings (ASX:DGH) Price-to-Tangible-Book : 0.56 (As of Apr. 26, 2024)


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What is Desane Group Holdings Price-to-Tangible-Book?

As of today (2024-04-26), Desane Group Holdings's share price is A$0.92. Desane Group Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$1.64. Hence, Desane Group Holdings's Price to Tangible Book Ratio of today is 0.56.

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

ASX:DGH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53   Med: 0.93   Max: 1.53
Current: 0.56

During the past 13 years, Desane Group Holdings's highest Price to Tangible Book Ratio was 1.53. The lowest was 0.53. And the median was 0.93.

ASX:DGH's Price-to-Tangible-Book is ranked better than
65.29% of 1723 companies
in the Real Estate industry
Industry Median: 0.81 vs ASX:DGH: 0.56

A closely related ratio is called PB Ratio. As of today, Desane Group Holdings's share price is A$0.92. Desane Group Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.64. Hence, Desane Group Holdings's P/B Ratio of today is 0.56.


Desane Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Desane Group Holdings'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.

Desane Group Holdings Price-to-Tangible-Book Chart

Desane Group Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.94 0.82 0.71 0.56

Desane Group Holdings 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 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 0.79 0.71 0.61 0.56 0.53

Competitive Comparison of Desane Group Holdings's Price-to-Tangible-Book

For the Real Estate Services subindustry, Desane Group Holdings'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.


Desane Group Holdings's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Desane Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Desane Group Holdings's Price-to-Tangible-Book falls into.



Desane Group Holdings Price-to-Tangible-Book Calculation

Desane Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.92/1.636
=0.56

* 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.


Desane Group Holdings Price-to-Tangible-Book Related Terms

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


Desane Group Holdings (ASX:DGH) Business Description

Traded in Other Exchanges
N/A
Address
26-32 Pirrama Road, Suite 4, Jones Bay Wharf, Pyrmont, Sydney, NSW, AUS, 2009
Desane Group Holdings Ltd operates in the real estate industry. The company's operating segment includes Property Investment; Property Development; Property Project Management and Resale; Property Services, and Others. It generates maximum revenue from the Property Investment segment. The Property Investment segment includes rental income from prime reals estate investments. Geographically, it operates only in Australia.

Desane Group Holdings (ASX:DGH) Headlines

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