Ceres Global Ag (TSX:CRP) Price-to-Tangible-Book : 0.50 (As of Apr. 25, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Ceres Global Ag Price-to-Tangible-Book?

As of today (2024-04-25), Ceres Global Ag's share price is C$3.09. Ceres Global Ag's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$6.23. Hence, Ceres Global Ag's Price to Tangible Book Ratio of today is 0.50.

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

TSX:CRP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.35 Med: 0.69 Max: 0.86
Current: 0.5

During the past 13 years, Ceres Global Ag's highest Price to Tangible Book Ratio was 0.86. The lowest was 0.35. And the median was 0.69.

TSX:CRP's Price-to-Tangible-Book is ranked better than
90.78% of 282 companies
in the Retail - Defensive industry
Industry Median: 2.03 vs TSX:CRP: 0.50

A closely related ratio is called PB Ratio. As of today, Ceres Global Ag's share price is C$3.09. Ceres Global Ag's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$6.50. Hence, Ceres Global Ag's P/B Ratio of today is 0.48.

Ceres Global Ag Price-to-Tangible-Book Historical Data

The historical data trend for Ceres Global Ag'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.

Ceres Global Ag Price-to-Tangible-Book Chart

Ceres Global Ag Annual Data

Trend

Mar14

Mar15

Mar16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.64

0.47

0.76

0.51

0.40

Ceres Global Ag 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															0.38	0.41	0.40	0.35	0.35

Competitive Comparison of Ceres Global Ag's Price-to-Tangible-Book

For the Food Distribution subindustry, Ceres Global Ag'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.

Ceres Global Ag's Price-to-Tangible-Book Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ceres Global Ag's Price-to-Tangible-Book distribution charts can be found below:

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

Ceres Global Ag Price-to-Tangible-Book Calculation

Ceres Global Ag's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.09	/	6.23
	=	0.50

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.

Ceres Global Ag Price-to-Tangible-Book Related Terms

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

Ceres Global Ag (TSX:CRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ceres Global Ag Corp (TSX:CRP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CERGF:USA

Address

701 Xenia Avenue S., Suite 400, Golden Valley, MN, USA, 55416

Website

https://www.ceresglobalagcorp.com

Ceres Global Ag Corp is engaged in the agricultural, energy, and industrial supply chains through sourcing, storing, transporting, and marketing of commodity-based products and raw materials. It has three operating segments. The Grain segment, which is the key revenue driver, is engaged in grain procurement and merchandising of specialty grains and oilseeds such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses. The Supply Chain Services segment utilizes the corporation's facilities to provide logistics services, storage, and transloading for commodities and industrial products. The Seed and Processing segment is engaged in soybean crush, specialty crops blending, birdfeed production, and seed distribution in Western Canada.

Ceres Global Ag (TSX:CRP) Headlines

No Headlines