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Schmitt Industries (Schmitt Industries) Price-to-Tangible-Book

: 0.25 (As of Today)
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As of today (2024-04-24), Schmitt Industries's share price is $0.031. Schmitt Industries's Tangible Book per Share of May. 2022 for the quarter that ended in May. 2022 was $0.13. Hence, Schmitt Industries's Price to Tangible Book Ratio of today is 0.25.

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

SMIT's Price-to-Tangible-Book is not ranked *
in the Hardware industry.
Industry Median: 1.99
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Schmitt Industries's share price is $0.031. Schmitt Industries's Book Value per Sharefor the quarter that ended in May. 2022 was $0.16. Hence, Schmitt Industries's P/B Ratio of today is 0.20.


Schmitt Industries Price-to-Tangible-Book Historical Data

The historical data trend for Schmitt Industries'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.

Schmitt Industries Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 1.12 0.89 5.65 35.52

Schmitt Industries Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 5.65 7.82 4.45 4.62 35.52

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Schmitt Industries'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.


Schmitt Industries Price-to-Tangible-Book Distribution

For the Hardware industry and Technology sector, Schmitt Industries's Price-to-Tangible-Book distribution charts can be found below:

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



Schmitt Industries Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: May. 2022 )
=0.031/0.125
=0.25

* 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.


Schmitt Industries Price-to-Tangible-Book Related Terms

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


Schmitt Industries (Schmitt Industries) Business Description

Traded in Other Exchanges
N/A
Address
2765 North West Nicolai Street, Portland, OR, USA, 97210
Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. Xact product line includes satellite-focused remote tank monitoring products and related monitoring services for markets in the IoT environment. The Company also manufactures, wholesales, and retails ice cream and related products.
Executives
Dustin Henderson other: Shareholder 11125 N PARK BLVD, STE 106, SEMINOLE FL 33772
Kristi Michelle Smaha director C/O SCHMITT INDUSTRIES, INC., 2765 N.W. NICOLAI STREET, PORTLAND OR 97210-1818
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Philip Bosco officer: Chief Financial Officer 2765 NW NICOLAI STREET, PORTLAND OR 97210
Lillian Tung director 45 WEST 67TH STREET, 10D, NEW YORK NY 10023
Michael R. Zapata officer: Chief Executive Officer 2765 NW NICOLAI STREET, PORTLAND OR 97210
Andrews P Hines director
Steven Strom director 2765 NW NICOLAI STREET, PORTLAND OR 97210
Charles Davidson director C/O SCHMITT INDUSTRIES, INC., 2765 N.W. NICOLAI STREET, PORTLAND OR 97210
Jamie Michael Schmidt officer: Chief Financial Officer 2765 NW NICOLAI STREET, PORTLAND OR 97210
Walter Brown Pistor 10 percent owner 2415 KALAMA RIVER ROAD, KALAMA WA 98625
Regina Walker officer: Chief Financial Officer 2765 NW NICOLAI STREET, PORTLAND OR 97210
Michael Ellsworth director SCHMITT INDUSTRIES, INC., 2765 NW NICOLAI, PORTLAND OR 97210
David Hudson director SCHMITT INDUSTRIES, INC., 2765 NW NICOLAI, PORTLAND OR 97210
Maynard E Brown director 1595 - 19TH STREET, WEST VANCOUVER A1 V7V 3X5

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