As of today (2024-04-23), Cardinal Ethanol LLC's share price is $20000.00. Cardinal Ethanol LLC's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $11,689.39. Hence, Cardinal Ethanol LLC's Price to Tangible Book Ratio of today is 1.71.
The historical rank and industry rank for Cardinal Ethanol LLC's Price-to-Tangible-Book or its related term are showing as below:
CRDE'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58 Med: 1.3 Max: 1.79
Current: 1.71
During the past 13 years, Cardinal Ethanol LLC's highest Price to Tangible Book Ratio was 1.79. The lowest was 0.58. And the median was 1.30.
CRDE's Price-to-Tangible-Book is not ranked
in the Chemicals industry.
Industry Median: 1.74
vs CRDE: 1.71
A closely related ratio is called PB Ratio. As of today, Cardinal Ethanol LLC's share price is $20000.00. Cardinal Ethanol LLC's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11,689.39. Hence, Cardinal Ethanol LLC's P/B Ratio of today is 1.71.
Cardinal Ethanol LLC Price-to-Tangible-Book Historical Data
The historical data trend for Cardinal Ethanol LLC'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.
For the Chemicals subindustry, Cardinal Ethanol LLC'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.
Cardinal Ethanol LLC Price-to-Tangible-Book Distribution
For the Chemicals industry and Basic Materials sector, Cardinal Ethanol LLC's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Cardinal Ethanol LLC's Price-to-Tangible-Book falls into.
* 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.
Cardinal Ethanol LLC Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Cardinal Ethanol LLC's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Cardinal Ethanol LLC (Cardinal Ethanol LLC) Business Description
Cardinal Ethanol LLC is a producer and seller of fuel-grade ethanol, distiller's grains, corn oil, and carbon dioxide throughout the continent of the United States. The company's prime selling products include ethanol, dried distillers grains, corn oil, and carbon dioxide. Its two operating segments are ethanol production through the Ethanol Division; and trading of agricultural grains through the Trading Division. The revenues from Ethanol Division come from primary sources: sales of fuel ethanol which is the key revenue driver. Revenues from the Trading Division are derived from procuring, transporting, and selling grain commodities. The majority of the revenue for the company is generated from its Ethanol Division.
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