Comet Holding AG (XSWX:COTN) Price-to-Tangible-Book

: 8.55 (As of Today)

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As of today (2024-04-24), Comet Holding AG's share price is CHF285.50. Comet Holding AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was CHF33.39. Hence, Comet Holding AG's Price to Tangible Book Ratio of today is 8.55.

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

XSWX:COTN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.93 Med: 6.21 Max: 11.17
Current: 8.55

During the past 13 years, Comet Holding AG's highest Price to Tangible Book Ratio was 11.17. The lowest was 3.93. And the median was 6.21.

XSWX:COTN's Price-to-Tangible-Book is ranked worse than
93.45% of 2304 companies
in the Hardware industry
Industry Median: 1.99 vs XSWX:COTN: 8.55

A closely related ratio is called PB Ratio. As of today, Comet Holding AG's share price is CHF285.50. Comet Holding AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was CHF38.09. Hence, Comet Holding AG's P/B Ratio of today is 7.50.

Comet Holding AG Price-to-Tangible-Book Historical Data

The historical data trend for Comet Holding 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.

Comet Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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6.04

9.00

11.17

5.20

7.94

Comet Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															11.17	4.85	5.20	6.88	7.94

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Comet Holding 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.

Comet Holding AG Price-to-Tangible-Book Distribution

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

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

Comet Holding AG Price-to-Tangible-Book Calculation

Comet Holding 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 )
	=	285.50	/	33.385
	=	8.55

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.

Comet Holding AG Price-to-Tangible-Book Related Terms

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

Comet Holding AG (XSWX:COTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Comet Holding AG (XSWX:COTN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

COTNz:UK

Address

Herrengasse 10, P.O. Box 141, Flamatt, CHE, 3175

Website

http://www.comet-group.com

Comet Holding AG is a vendor of x-ray, radio frequency (RF) power and ebeam technology. It markets its systems and services, under the Comet, Yxlon and ebeam brands. Yxlon x-ray systems for non-destructive testing are supplied to end customers in the automotive, aerospace, electronics and energy sectors. Under the Comet brand, the group builds components and modules such as x-ray sources, vacuum capacitors, RF generators and impedance matching networks, marketed to manufacturers in the automotive, aerospace, semiconductor and solar industries as well as the security sector. Under the ebeam brand, the group develops and markets compact ebeam sets for the treatment of surfaces in the food and printing industries.

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