Canadian Tire (TSX:CTC.A) Price-to-Tangible-Book

: 2.16 (As of Today)

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As of today (2024-04-15), Canadian Tire's share price is C$127.77. Canadian Tire's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$59.21. Hence, Canadian Tire's Price to Tangible Book Ratio of today is 2.16.

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

TSX:CTC.A' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.16 Med: 2.93 Max: 4.84
Current: 2.16

During the past 13 years, Canadian Tire's highest Price to Tangible Book Ratio was 4.84. The lowest was 2.16. And the median was 2.93.

TSX:CTC.A's Price-to-Tangible-Book is ranked worse than
56.28% of 972 companies
in the Retail - Cyclical industry
Industry Median: 1.84 vs TSX:CTC.A: 2.16

A closely related ratio is called PB Ratio. As of today, Canadian Tire's share price is C$127.77. Canadian Tire's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$99.75. Hence, Canadian Tire's P/B Ratio of today is 1.28.

Canadian Tire Price-to-Tangible-Book Historical Data

The historical data trend for Canadian Tire'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.

Canadian Tire Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

4.84

4.79

3.97

2.49

2.38

Canadian Tire 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																2.49	3.34	3.50	2.89	2.38

Competitive Comparison

For the Specialty Retail subindustry, Canadian Tire'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.

Canadian Tire Price-to-Tangible-Book Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Canadian Tire's Price-to-Tangible-Book distribution charts can be found below:

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

Canadian Tire Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	127.77	/	59.209
	=	2.16

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.

Canadian Tire Price-to-Tangible-Book Related Terms

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

Canadian Tire (TSX:CTC.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Canadian Tire Corp Ltd (TSX:CTC.A) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CDNAF:USA YAAA:Germany CTC:Canada

Address

2180 Yonge Street, P.O. Box 770, Toronto, ON, CAN, M4P 2V8

Website

https://www.corp.canadiantire.ca

Canadian Tire sells home goods, sporting equipment, apparel, footwear, automotive parts and accessories, and vehicle fuel through a roughly 1,700-store network of company, dealer, and franchisee-operated locations across Canada. Aside from the namesake banner, stores operate primarily under the Mark's, SportChek, Party City, Atmosphere, and PartSource monikers. Additionally, the company owns Helly Hansen, a Norwegian sportswear and workwear brand, and also operates and holds majority ownership of a financing arm (Canadian Tire Financial Services; 20% owned by Scotiabank) and a REIT (CT REIT; Canadian Tire owns about 70%).

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