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Carnegie Development (Carnegie Development) PB Ratio : 5.25 (As of May. 03, 2024)


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What is Carnegie Development 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 (2024-05-03), Carnegie Development's share price is $0.063. Carnegie Development's Book Value per Share for the quarter that ended in Sep. 2022 was $0.01. Hence, Carnegie Development's PB Ratio of today is 5.25.

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

CDJM's PB Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.81
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Carnegie Development PB Ratio Historical Data

The historical data trend for Carnegie Development'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.

Carnegie Development PB Ratio Chart

Carnegie Development Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 76.92

Carnegie Development Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 76.92 5.83 77.27 5.08

Competitive Comparison of Carnegie Development's PB Ratio

For the Real Estate - Development subindustry, Carnegie Development'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.


Carnegie Development's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Carnegie Development's PB Ratio distribution charts can be found below:

* The bar in red indicates where Carnegie Development's PB Ratio falls into.



Carnegie Development 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.

Carnegie Development's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2022)
=0.063/0.012
=5.25

* 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.


Carnegie Development  (OTCPK:CDJM) 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.


Carnegie Development PB Ratio Related Terms

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Carnegie Development (Carnegie Development) Business Description

Traded in Other Exchanges
N/A
Address
3495 Lakeside Drive, Suite 1087, Reno, NV, USA, 89509
Carnegie Development Inc focuses on four platforms to provide a strong portfolio for its shareholders: Real estate development, Fintech, and Data Integrity, Digital Healthcare, Impact Investment. Through its real estate development, it invests in long-term value and enhances communities by owning and operating a portfolio of properties in the Hospitality, Single-family, Multifamily, and Land Development sectors.
Executives
Gary F Kimmons director, 10 percent owner, officer: President, CEO 2602 YORKTOWN PLACE, HOUSTON TX 77056
Kathryn Kimmons other: Spouse of President/CEO 2602 YORKTOWN PLACE, HOUSTON TX 77056
Dick Meador director

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