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Continental Tire Andina (QUI:ERE) PB Ratio : (As of Dec. 14, 2024)


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What is Continental Tire Andina PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-14), Continental Tire Andina's share price is $0.36. Continental Tire Andina's Book Value per Share for the fiscal year that ended in . 20 was $0.00. Hence, Continental Tire Andina's PB Ratio of today is .

The historical rank and industry rank for Continental Tire Andina's PB Ratio or its related term are showing as below:

QUI:ERE's PB Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 1.45
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Continental Tire Andina PB Ratio Historical Data

The historical data trend for Continental Tire Andina's PB Ratio 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.

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Continental Tire Andina PB Ratio Chart

Continental Tire Andina Annual Data
Trend
PB Ratio

Continental Tire Andina Semi-Annual Data
PB Ratio

Competitive Comparison of Continental Tire Andina's PB Ratio

For the Auto Parts subindustry, Continental Tire Andina's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Continental Tire Andina's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Continental Tire Andina's PB Ratio distribution charts can be found below:

* The bar in red indicates where Continental Tire Andina's PB Ratio falls into.



Continental Tire Andina PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Continental Tire Andina's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=0.36/
=

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Continental Tire Andina  (QUI:ERE) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Continental Tire Andina PB Ratio Related Terms

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Continental Tire Andina Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Panamericana Norte Km. 2.8, Quito, ECU
Continental Tire Andina SA is engaged in the production of rubber products, rubber coated fabrics and tires for carriages and bicycles.

Continental Tire Andina Headlines

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