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Carthage Cement (XTUN:CC) PB Ratio : 2.07 (As of Jun. 25, 2024)


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What is Carthage Cement 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 (2024-06-25), Carthage Cement's share price is TND1.84. Carthage Cement's Book Value per Share for the quarter that ended in Dec. 2015 was TND0.89. Hence, Carthage Cement's PB Ratio of today is 2.07.

The historical rank and industry rank for Carthage Cement's PB Ratio or its related term are showing as below:

XTUN:CC's PB Ratio is not ranked *
in the Building Materials industry.
Industry Median: 1.19
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Carthage Cement PB Ratio Historical Data

The historical data trend for Carthage Cement'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.

* Premium members only.

Carthage Cement PB Ratio Chart

Carthage Cement Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec14 Dec15
PB Ratio
Get a 7-Day Free Trial 2.31 2.76 2.49 - 1.48

Carthage Cement Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun14 Dec14 Jun15 Dec15
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.49 - - - 1.48

Competitive Comparison of Carthage Cement's PB Ratio

For the Building Materials subindustry, Carthage Cement'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.


Carthage Cement's PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Carthage Cement's PB Ratio distribution charts can be found below:

* The bar in red indicates where Carthage Cement's PB Ratio falls into.



Carthage Cement 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.

Carthage Cement's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2015)
=1.84/0.889
=2.07

* 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.


Carthage Cement  (XTUN:CC) 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.


Carthage Cement PB Ratio Related Terms

Thank you for viewing the detailed overview of Carthage Cement's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Carthage Cement (XTUN:CC) Business Description

Traded in Other Exchanges
N/A
Address
Block A, Lot HSC 1-4-3, Les jardins du Lac2, Tunis, TUN, 1053
Carthage Cement SA is a company that trades in construction materials. It is engaged in the manufacture and sale of cement and cement-based materials such as aggregates, ready-mix cement, concrete, bricks, and tiles.