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Gowing Bros (ASX:GOW) Price-to-Tangible-Book : 0.60 (As of May. 13, 2024)


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What is Gowing Bros Price-to-Tangible-Book?

As of today (2024-05-13), Gowing Bros's share price is A$2.20. Gowing Bros's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was A$3.66. Hence, Gowing Bros's Price to Tangible Book Ratio of today is 0.60.

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

ASX:GOW' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4   Med: 0.78   Max: 0.98
Current: 0.6

During the past 13 years, Gowing Bros's highest Price to Tangible Book Ratio was 0.98. The lowest was 0.40. And the median was 0.78.

ASX:GOW's Price-to-Tangible-Book is ranked better than
87.19% of 1624 companies
in the Asset Management industry
Industry Median: 0.96 vs ASX:GOW: 0.60

A closely related ratio is called PB Ratio. As of today, Gowing Bros's share price is A$2.20. Gowing Bros's Book Value per Sharefor the quarter that ended in Jan. 2024 was A$3.73. Hence, Gowing Bros's P/B Ratio of today is 0.59.


Gowing Bros Price-to-Tangible-Book Historical Data

The historical data trend for Gowing Bros'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.

Gowing Bros Price-to-Tangible-Book Chart

Gowing Bros Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.40 0.77 0.75 0.70

Gowing Bros Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.82 0.75 0.78 0.70 0.62

Competitive Comparison of Gowing Bros's Price-to-Tangible-Book

For the Asset Management subindustry, Gowing Bros'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.


Gowing Bros's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gowing Bros's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Gowing Bros's Price-to-Tangible-Book falls into.



Gowing Bros Price-to-Tangible-Book Calculation

Gowing Bros's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=2.20/3.657
=0.60

* 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.


Gowing Bros Price-to-Tangible-Book Related Terms

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


Gowing Bros (ASX:GOW) Business Description

Traded in Other Exchanges
N/A
Address
35-61 Harbour Drive, Suite 303, Coffs Harbour, NSW, AUS, 2450
Gowing Bros Ltd operates as an investment and wealth management company in Australia. Its operating segments include Cash & fixed interest, Equities, Private equities, Investment properties, Development properties, Surf Hardware International business, and others. The company generates majority of its revenue from Surf Hardware International business. Its geographical segments include Australia, the United States, Japan, and Europe.

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