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Detrex (Detrex) Price-to-Tangible-Book : 4.18 (As of May. 11, 2024)


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What is Detrex Price-to-Tangible-Book?

As of today (2024-05-11), Detrex's share price is $26.77. Detrex's Tangible Book per Share of Sep. 2017 for the quarter that ended in Sep. 2017 was $6.40. Hence, Detrex's Price to Tangible Book Ratio of today is 4.18.

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

DTRX's Price-to-Tangible-Book is not ranked *
in the Chemicals industry.
Industry Median: 1.86
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Detrex's share price is $26.77. Detrex's Book Value per Sharefor the quarter that ended in Sep. 2017 was $6.40. Hence, Detrex's P/B Ratio of today is 4.18.


Detrex Price-to-Tangible-Book Historical Data

The historical data trend for Detrex'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.

Detrex Price-to-Tangible-Book Chart

Detrex Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec13 Dec14 Dec15 Dec16
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 3.77 5.22 3.88 3.80

Detrex Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 3.79 3.80 3.44 3.34 3.59

Competitive Comparison of Detrex's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Detrex'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.


Detrex's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Detrex's Price-to-Tangible-Book distribution charts can be found below:

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



Detrex Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2017 )
=26.77/6.403
=4.18

* 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.


Detrex Price-to-Tangible-Book Related Terms

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


Detrex (Detrex) Business Description

Traded in Other Exchanges
N/A
Address
Detrex Corp manufactures specialty chemicals including petroleum additives and high purity hydrochloric acid through its wholly owned subsidiary, The Elco Corporation (Elco). It sells primarily to petrochemicals and industrial manufacturing companies. Elco's lubricant additives are used for enhancing the properties of hydraulic oils, metalworking fluids, gear oils, greases, and fuels. Elco's products are manufactured in Cleveland, Ohio and Ashtabula, Ohio and sold domestically through a direct sales force and globally through agents and distributors.

Detrex (Detrex) Headlines

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