GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Codan Ltd (ASX:CDA) » Definitions » Price-to-Tangible-Book

Codan (ASX:CDA) Price-to-Tangible-Book : 20.73 (As of May. 19, 2025)


View and export this data going back to 2003. Start your Free Trial

What is Codan Price-to-Tangible-Book?

As of today (2025-05-19), Codan's share price is A$16.96. Codan's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was A$0.82. Hence, Codan's Price to Tangible Book Ratio of today is 20.73.

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

ASX:CDA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.72   Med: 7   Max: 42.62
Current: 20.68

During the past 13 years, Codan's highest Price to Tangible Book Ratio was 42.62. The lowest was 2.72. And the median was 7.00.

ASX:CDA's Price-to-Tangible-Book is ranked worse than
97.8% of 2273 companies
in the Hardware industry
Industry Median: 2.06 vs ASX:CDA: 20.68

A closely related ratio is called PB Ratio. As of today, Codan's share price is A$16.96. Codan's Book Value per Sharefor the quarter that ended in Dec. 2024 was A$2.74. Hence, Codan's P/B Ratio of today is 6.18.


Codan Price-to-Tangible-Book Historical Data

The historical data trend for Codan'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.

Codan Price-to-Tangible-Book Chart

Codan Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.95 42.62 10.71 10.98 15.32

Codan Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Price-to-Tangible-Book 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 6.05 10.98 13.24 15.32 19.68

Competitive Comparison of Codan's Price-to-Tangible-Book

For the Scientific & Technical Instruments subindustry, Codan'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.


Codan's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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


;
;

Codan Price-to-Tangible-Book Calculation

Codan's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2024 )
=16.96/0.818
=20.73

* 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 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.


Codan Price-to-Tangible-Book Related Terms

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


Codan Business Description

Industry
Traded in Other Exchanges
N/A
Address
Technology Park, 2 Second Avenue, Mawson Lakes, SA, AUS, 5095
Codan designs and sells communication products and metal detection devices. Its global customer base includes military, security, emergency responders, broadcasters, government, humanitarian organizations, utilities, and mining. Earnings are skewed to its communication business. This business provides command center technology used to coordinate public transport, emergency services, utilities, and broadcasting. Codan also produces lightweight radios, suitable for attaching to drones. In metal detection, it produces hand-held metal detection devices, sold to organizations and individuals such as gold prospectors and hobbyist treasure hunters. Customers also use this equipment for safety and security. About half of group revenue comes from North America and one fourth is from Europe.

Codan Headlines

No Headlines