Dover Motorsports (Dover Motorsports) Price-to-Tangible-Book : 1.60 (As of Apr. 26, 2024)

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What is Dover Motorsports Price-to-Tangible-Book?

As of today (2024-04-26), Dover Motorsports's share price is $3.61. Dover Motorsports's Tangible Book per Share of Sep. 2021 for the quarter that ended in Sep. 2021 was $2.26. Hence, Dover Motorsports's Price to Tangible Book Ratio of today is 1.60.

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

DVD's Price-to-Tangible-Book is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 1.9
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Dover Motorsports's share price is $3.61. Dover Motorsports's Book Value per Sharefor the quarter that ended in Sep. 2021 was $2.26. Hence, Dover Motorsports's P/B Ratio of today is 1.60.

Dover Motorsports Price-to-Tangible-Book Historical Data

The historical data trend for Dover Motorsports'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.

Dover Motorsports Price-to-Tangible-Book Chart

Dover Motorsports Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.57

1.21

1.09

1.06

1.20

Dover Motorsports Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.70	1.20	1.14	0.97	1.07

Competitive Comparison of Dover Motorsports's Price-to-Tangible-Book

For the Leisure subindustry, Dover Motorsports'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.

Dover Motorsports's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

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

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

Dover Motorsports Price-to-Tangible-Book Calculation

Dover Motorsports's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2021 )
	=	3.61	/	2.263
	=	1.60

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.

Dover Motorsports Price-to-Tangible-Book Related Terms

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

Dover Motorsports (Dover Motorsports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Dover Motorsports Inc (NYSE:DVD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1131 North DuPont Highway, Dover, DE, USA, 19901

Website

https://www.doverspeedway.com

Dover Motorsports Inc is a United States-based public holding company. The company's principal activity is to market and promote motorsports entertainment. Dover through its subsidiaries owns and operates Dover International Speedway in Dover, Delaware and Nashville Superspeedway near Nashville, Tennessee. Its operations were segregated into two main operating subsidiaries; Dover International Speedway Inc covered its motorsports operations, and Dover Downs Inc conducted its gaming operations. The company generates revenues primarily from the sponsorship payments, rights fees, ticket sales, and other event-related revenues.

Executives

Patrick J Bagley	director
Jeffrey W Rollins	director
Henry B Tippie	director	TONY EVANS, 1131 N DUPONT HWY, DOVER DE 19903
Anastasia Thomas Nardangeli	director	1131 N. DUPONT HIGHWAY DOWER DE 19901
Denis Mcglynn	director, officer: President and CEO	POST OFFICE BOX 843, DOVER DE 19903
Timothy R Horne	director, officer: Sr. VP - Finance & CFO
Thomas G Wintermantel	officer: VP, TREASURER & SECRETARY
Michael A. Tatoian	director, officer: Executive Vice President - COO	1131 N. DUPONT HIGHWAY DOVER DE 19901
Richard Radcliffe Hastings	director	1131 NORTH DUPONT HIGHWAY DOVER DE 19901
Gary W Rollins	10 percent owner	2170 PIEDMONT ROAD NE, ATLANTA GA 30324
R Randall Rollins	director, 10 percent owner	SUNTRUST BANKS INC, PO BOX 4418 MC 643, ATLANTA GA 30302-4418
Eugene W Weaver	director, 10 percent owner	P O BOX 843, DOVER DE 19803
Richard K Struthers	director	900 OLD KENNETT ROAD, GREENVILLE DE 19807
Mario Cibelli	10 percent owner	6 EAST 43RD STREET, 23RD FLOOR NEW YORK NY 10017
Kenneth K Chalmers	director