As of today (2024-04-23), Summit Materials's share price is $39.64. Summit Materials's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.48. Hence, Summit Materials's Price to Tangible Book Ratio of today is 4.67.
The historical rank and industry rank for Summit Materials's Price-to-Tangible-Book or its related term are showing as below:
SUM'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.23 Med: 11.8 Max: 59.08
Current: 4.67
During the past 13 years, Summit Materials's highest Price to Tangible Book Ratio was 59.08. The lowest was 4.23. And the median was 11.80.
SUM's Price-to-Tangible-Book is ranked worse than 88% of 375
companies
in the Building Materials industry
Industry Median: 1.4
vs SUM: 4.67
A closely related ratio is called PB Ratio. As of today, Summit Materials's share price is $39.64. Summit Materials's Book Value per Sharefor the quarter that ended in Dec. 2023 was $19.30. Hence, Summit Materials's P/B Ratio of today is 2.05.
Summit Materials Price-to-Tangible-Book Historical Data
The historical data trend for Summit Materials'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 Building Materials subindustry, Summit Materials'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 Materials Price-to-Tangible-Book Distribution
For the Building Materials industry and Basic Materials sector, Summit Materials's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Summit Materials'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.
Summit Materials Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Summit Materials's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Summit Materials (Summit Materials) Business Description
Summit Materials Inc is an aggregates supplier and cement producer in the United States. The company sells products that include aggregates, which it supplies across the United States, and in British Columbia, Canada, and cement, which it supplies to surrounding states along the Mississippi River from Minnesota to Louisiana. In addition to supplying aggregates to customers, the company uses a portion of its materials internally to produce ready-mix concrete and asphalt paving mix, which may be sold externally or used in its paving and related services businesses. The company operates in 22 U.S. states and in British Columbia, Canada and has assets in 21 U.S. states and in British Columbia, Canada through their platforms.
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