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Cadeler ASCDLR -1.42%57 Price-to-Tangible-Book is 1.19 as of Sep. 06, 2026. GuruFocus rates CDLR with a GF Score™ of 57/100 and a GF Value™ of $55.45 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,601 Construction companies, Cadeler AS ranks better than 58.59% on this metric.
As of today (2026-09-06), Cadeler AS's share price is $24.93. Cadeler AS's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $20.95. Hence, Cadeler AS's Price to Tangible Book Ratio of today is 1.19.
The historical rank and industry rank for Cadeler AS's Price-to-Tangible-Book or its related term are showing as below:
CDLR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96 Med: 1.34 Max: 1.97
Current: 1.16
During the past 9 years, Cadeler AS's highest Price to Tangible Book Ratio was 1.97. The lowest was 0.96. And the median was 1.34.
CDLR's Price-to-Tangible-Book is ranked better than 58.59% of 1601
companies
in the Construction industry
Industry Median: 1.45
vs CDLR: 1.16
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.
Cadeler AS Price-to-Tangible-Book Related Terms
Cadeler AS Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Cadeler AS'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.
CDLR vs PWR, FIX, EME: Price-to-Tangible-Book Comparison
For the Engineering & Construction subindustry, Cadeler AS'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.
Cadeler AS Price-to-Tangible-Book vs Construction Industry
For the Construction industry and Industrials sector, Cadeler AS's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Cadeler AS's Price-to-Tangible-Book falls into.
* 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.
Cadeler AS (CDLR) has a Price-to-Tangible-Book of 1.19 as of Sep. 06, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Cadeler AS and its competitors. According to the industry distribution chart, Cadeler AS ranks #663 out of 1601 companies in the Construction industry, placing it in the top 41.4%.
Is Cadeler AS's Price-to-Tangible-Book too high?
Cadeler AS's current Price-to-Tangible-Book is 1.19. The Construction industry median Price-to-Tangible-Book is 1.45. Cadeler AS's value of 1.19 is 17.9% below this industry median. Based on the distribution chart, Cadeler AS ranks #663 out of 1601 companies in the Construction industry, which is above the industry midpoint. Overall, Cadeler AS has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cadeler AS's Price-to-Tangible-Book compare to PWR and FIX?
According to the Construction industry distribution chart, Cadeler AS ranks #663 out of 1601 companies for Price-to-Tangible-Book. This puts Cadeler AS in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.45. Cadeler AS's value of 1.19 is 17.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Construction company?
The median Price-to-Tangible-Book among Construction companies is 1.45, based on 1,601 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cadeler AS's current Price-to-Tangible-Book of 1.19 is 17.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Cadeler AS and its competitors. For the Construction industry, the median Price-to-Tangible-Book is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cadeler AS's current Price-to-Tangible-Book is 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadeler AS stock overvalued right now?
Based on GuruFocus' analysis, Cadeler AS (CDLR) is currently considered Possible Value Trap. The stock's GF Value™ is $55.45, compared to a current price of $24.93 — trading 55% below its estimated fair value. The current Price-to-Tangible-Book is 1.19 and 17.9% below the Construction industry median of 1.45. Cadeler AS's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Cadeler AS (CDLR), the current Price-to-Tangible-Book is 1.19 as of Sep. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cadeler AS (CDLR) Overvalued in 2026?
Based on GuruFocus' analysis, Cadeler AS stock appears to be undervalued.
The current stock price of $24.93 is trading 55% below its estimated GF Value™ of $55.45.
GuruFocus considers Cadeler AS to be Possible Value Trap.
Key valuation signals for CDLR:
Price-to-Tangible-Book: 1.19
GF Value™: $55.45 vs. price of $24.93 (55% below fair value)
Industry Position: 17.9% below the Construction median (#663 of 1601)
No single metric tells the full story. See the CDLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cadeler AS is an offshore wind installation vessel contractor. It currently operates various offshore jack-up wind installation vessels, with new builds on order. The Group operates within the market for the transportation and installation of offshore wind turbine generators (WTGs) and their foundations. In addition to wind farm installation, its vessels can perform maintenance, decommissioning, and other general construction tasks within the offshore industry. Cadler's customer base consists of offshore wind farm developers, original equipment manufacturers, and various offshore contractors. Geographically, the Group generates maximum revenue from the United States and the rest from the United Kingdom, Taiwan, Germany, Denmark, Poland, and other regions.
57GF Score
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