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Capital Product Partners LP (Capital Product Partners LP) PB Ratio : 0.77 (As of Apr. 24, 2024)


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What is Capital Product Partners LP 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 (2024-04-24), Capital Product Partners LP's share price is $16.50. Capital Product Partners LP's Book Value per Share for the quarter that ended in Dec. 2023 was $21.35. Hence, Capital Product Partners LP's PB Ratio of today is 0.77.

Warning Sign:

Capital Product Partners LP stock PB Ratio (=0.79) is close to 10-year high of 0.86

The historical rank and industry rank for Capital Product Partners LP's PB Ratio or its related term are showing as below:

CPLP' s PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.45   Max: 0.86
Current: 0.77

During the past 13 years, Capital Product Partners LP's highest PB Ratio was 0.86. The lowest was 0.17. And the median was 0.45.

CPLP's PB Ratio is ranked better than
73.07% of 932 companies
in the Transportation industry
Industry Median: 1.305 vs CPLP: 0.77

During the past 12 months, Capital Product Partners LP's average Book Value Per Share Growth Rate was -32.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Capital Product Partners LP was 12.10% per year. The lowest was -25.10% per year. And the median was -3.80% per year.

Back to Basics: PB Ratio


Capital Product Partners LP PB Ratio Historical Data

The historical data trend for Capital Product Partners LP'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.

Capital Product Partners LP PB Ratio Chart

Capital Product Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.36 0.59 0.43 0.67

Capital Product Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.43 0.43 0.42 0.42 0.67

Competitive Comparison of Capital Product Partners LP's PB Ratio

For the Marine Shipping subindustry, Capital Product Partners LP'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.


Capital Product Partners LP's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Capital Product Partners LP's PB Ratio distribution charts can be found below:

* The bar in red indicates where Capital Product Partners LP's PB Ratio falls into.



Capital Product Partners LP 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.

Capital Product Partners LP's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=16.50/21.347
=0.77

* 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.


Capital Product Partners LP  (NAS:CPLP) 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.


Capital Product Partners LP PB Ratio Related Terms

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


Capital Product Partners LP (Capital Product Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
3 Iassonos Street, Piraeus, GRC, 18537
Capital Product Partners LP is in the seaborne transportation of cargoes, crude oil, gasoline, diesel, fuel oil, jet fuel and edible oils and dry cargo and containerized goods. Its vessels include; suezmax crude oil tankers, medium-range product tankers, neo panamax container carriers and capsize bulk carrier. Its vessels are capable of carrying a wide range of cargoes, including crude oil, refined oil products (such as gasoline, diesel, fuel oil and jet fuel), edible oils and certain chemicals, such as ethanol, as well as dry cargo and containerized goods under short-term voyage charters and medium to long-term time and bareboat charters.