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Euroseas (NAS:ESEA) Price-to-Tangible-Book

: 0.80 (As of Today)
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As of today (2023-06-06), Euroseas's share price is $21.78. Euroseas's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was $27.35. Hence, Euroseas's Price to Tangible Book Ratio of today is 0.80.

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

ESEA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.09   Med: 0.29   Max: 5.28
Current: 0.8

During the past 13 years, Euroseas's highest Price to Tangible Book Ratio was 5.28. The lowest was 0.09. And the median was 0.29.

ESEA's Price-to-Tangible-Book is ranked better than
74.88% of 848 companies
in the Transportation industry
Industry Median: 1.38 vs ESEA: 0.80

A closely related ratio is called PB Ratio. As of today, Euroseas's share price is $21.78. Euroseas's Book Value per Sharefor the quarter that ended in Mar. 2023 was $27.35. Hence, Euroseas's P/B Ratio of today is 0.80.


Euroseas Price-to-Tangible-Book Historical Data

The historical data trend for Euroseas'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.

Euroseas Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.29 1.11 1.33 2.36 0.78

Euroseas Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 1.98 1.30 0.97 0.78 0.68

Competitive Comparison

For the Marine Shipping subindustry, Euroseas'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.

   

Euroseas Price-to-Tangible-Book Distribution

For the Transportation industry and Industrials sector, Euroseas's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Euroseas's Price-to-Tangible-Book falls in comparison to its industry or sector. The grey bar indicates the Price-to-Tangible-Book's extreme value range as defined by GuruFocus.



Euroseas Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2023 )
=21.78/27.349
=0.80

* 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.


Euroseas Price-to-Tangible-Book Related Terms

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


Euroseas (NAS:ESEA) Business Description

Euroseas logo
Traded in Other Exchanges
Address
4 Messogiou and Evropis Street, Maroussi, GRC, 151 24
Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.

Euroseas (NAS:ESEA) Headlines

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