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Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Price-to-Tangible-Book : 0.88 (As of Apr. 28, 2024)


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What is Art's-Way Manufacturing Co Price-to-Tangible-Book?

As of today (2024-04-28), Art's-Way Manufacturing Co's share price is $1.94. Art's-Way Manufacturing Co's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $2.21. Hence, Art's-Way Manufacturing Co's Price to Tangible Book Ratio of today is 0.88.

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

ARTW' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53   Med: 0.89   Max: 1.88
Current: 0.88

During the past 13 years, Art's-Way Manufacturing Co's highest Price to Tangible Book Ratio was 1.88. The lowest was 0.53. And the median was 0.89.

ARTW's Price-to-Tangible-Book is ranked better than
80.93% of 194 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.825 vs ARTW: 0.88

A closely related ratio is called PB Ratio. As of today, Art's-Way Manufacturing Co's share price is $1.94. Art's-Way Manufacturing Co's Book Value per Sharefor the quarter that ended in Feb. 2024 was $2.21. Hence, Art's-Way Manufacturing Co's P/B Ratio of today is 0.88.


Art's-Way Manufacturing Co Price-to-Tangible-Book Historical Data

The historical data trend for Art's-Way Manufacturing Co'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.

Art's-Way Manufacturing Co Price-to-Tangible-Book Chart

Art's-Way Manufacturing Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 1.11 1.55 0.86 0.89

Art's-Way Manufacturing Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.93 1.05 1.13 0.89 0.89

Competitive Comparison of Art's-Way Manufacturing Co's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, Art's-Way Manufacturing Co'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.


Art's-Way Manufacturing Co's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Art's-Way Manufacturing Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Art's-Way Manufacturing Co's Price-to-Tangible-Book falls into.



Art's-Way Manufacturing Co Price-to-Tangible-Book Calculation

Art's-Way Manufacturing Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=1.94/2.211
=0.88

* 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.


Art's-Way Manufacturing Co Price-to-Tangible-Book Related Terms

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


Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Business Description

Traded in Other Exchanges
Address
5556 Highway 9, P.O. Box 288, Armstrong, IA, USA, 50514
Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has three reportable segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and worldwide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. The Tools segment manufactures steel cutting tools and inserts. It derives revenues from the Agricultural Products segment.
Executives
Randall C. Ramsey director 5556 HIGHWAY 9, ARMSTRONG IA 50514
Matthew Westendorf director C/O ART'S-WAY MANUFACTURING CO. INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514
David Alan King officer: Executive Vice President C/O ART'S-WAY MANUFACTURING CO. INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514
Mcconnell J Ward Jr director, 10 percent owner
Michael William Woods officer: Controller C/O ART'S WAY MANUFACTURING CO., INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514
Marc H Mcconnell director 1118 N QUEEN ST, KINSTON NC 28501
David Allan White director C/O 5556 HIGHWAY 8, ARMSTRONG IA 50514
Carrie L. Gunnerson officer: President and CEO 5556 HIGHWAY 9, ARMSTRONG IA 50514
Joseph R Dancy director 1007 BEAVER CREEK, DUNCANVILLE TX 75137
Michael Furness officer: Director of Finance 5556 HIGHWAY 9, ARMSTRONG IA 50514
David R Castle director P.O. BOX 1738, LAKEFIELD A6 K0L 2H0
Dean James Droegemueller officer: Director of Finance 5825 VINCENT AVENUE SOUTH, MINNEAPOLIS MN 55410
Fred William Krahmer director 204 LAKE AVENUE, SUITE 201, FAIRMONT MN 56031
Thomas E Buffamante director 6863 WOODLAND DRIVE NORTH, GREAT VALLEY NY 14741
Douglas Richard Mcclellan director

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