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Summit Power (DHA:SUMITPOWER) Price-to-Tangible-Book : 0.62 (As of May. 13, 2024)


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What is Summit Power Price-to-Tangible-Book?

As of today (2024-05-13), Summit Power's share price is BDT23.60. Summit Power's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was BDT37.98. Hence, Summit Power's Price to Tangible Book Ratio of today is 0.62.

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

DHA:SUMITPOWER' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.61   Med: 1.28   Max: 1.67
Current: 0.62

During the past 13 years, Summit Power's highest Price to Tangible Book Ratio was 1.67. The lowest was 0.61. And the median was 1.28.

DHA:SUMITPOWER's Price-to-Tangible-Book is ranked better than
85.17% of 472 companies
in the Utilities - Regulated industry
Industry Median: 1.81 vs DHA:SUMITPOWER: 0.62

A closely related ratio is called PB Ratio. As of today, Summit Power's share price is BDT23.60. Summit Power's Book Value per Sharefor the quarter that ended in Jun. 2023 was BDT38.02. Hence, Summit Power's P/B Ratio of today is 0.62.


Summit Power Price-to-Tangible-Book Historical Data

The historical data trend for Summit Power'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.

Summit Power Price-to-Tangible-Book Chart

Summit Power Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.12 1.28 1.05 0.90

Summit Power Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1.05 0.89 0.91 0.90 0.90

Competitive Comparison of Summit Power's Price-to-Tangible-Book

For the Utilities - Regulated Electric subindustry, Summit Power'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.


Summit Power's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Summit Power's Price-to-Tangible-Book distribution charts can be found below:

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



Summit Power Price-to-Tangible-Book Calculation

Summit Power's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=23.60/37.982
=0.62

* 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.


Summit Power Price-to-Tangible-Book Related Terms

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


Summit Power (DHA:SUMITPOWER) Business Description

Traded in Other Exchanges
N/A
Address
Karwan Bazar C/A, Summit Centre, 18, Dhaka, BGD, 1215
Summit Power Ltd is engaged in the generation and supply of electricity. It focuses on developing, owning, and operating power generating assets. It owns and operates 15 power plants at different locations in Bangladesh with a total Installed capacity of 975.96 MW. The company supplies electricity to Bangladesh Power Development Board and Bangladesh Rural Electrification Board.

Summit Power (DHA:SUMITPOWER) Headlines

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