Algoma Central (Algoma Central) Price-to-Tangible-Book

: 0.73 (As of Today)

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As of today (2024-04-23), Algoma Central's share price is $10.80. Algoma Central's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $14.86. Hence, Algoma Central's Price to Tangible Book Ratio of today is 0.73.

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

AGMJF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.71 Med: 0.92 Max: 1.07
Current: 0.75

During the past 13 years, Algoma Central's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.71. And the median was 0.92.

AGMJF's Price-to-Tangible-Book is ranked better than
77.84% of 880 companies
in the Transportation industry
Industry Median: 1.38 vs AGMJF: 0.75

A closely related ratio is called PB Ratio. As of today, Algoma Central's share price is $10.80. Algoma Central's Book Value per Sharefor the quarter that ended in Dec. 2023 was $15.01. Hence, Algoma Central's P/B Ratio of today is 0.72.

Algoma Central Price-to-Tangible-Book Historical Data

The historical data trend for Algoma Central'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.

Algoma Central Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.77

0.96

1.03

0.85

0.72

Algoma Central Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.85	0.87	0.81	0.76	0.72

Competitive Comparison

For the Marine Shipping subindustry, Algoma Central'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.

Algoma Central Price-to-Tangible-Book Distribution

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

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

Algoma Central Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	10.80	/	14.857
	=	0.73

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.

Algoma Central Price-to-Tangible-Book Related Terms

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

Algoma Central (Algoma Central) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Algoma Central Corp (OTCPK:AGMJF) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

ACH:Germany ALC:Canada

Address

63 Church Street, Suite 600, St. Catharines, ON, CAN, L2R 3C4

Website

https://www.algonet.com

Algoma Central Corp owns and operates a fleet of dry and liquid bulk carriers operating on the Great Lakes, St. Lawrence Waterway. The company's Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers, and product tankers. The company operates its business through six segments that are Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Corporate, Investment Properties, and Global Short Sea Shipping. The company earns revenues from marine operations through contracts of affreightment, time charters, and pool revenue.