CDT Environmental Technology Investment Holdings (CDT Environmental Technology Investment Holdings) Price-to-Tangible-Book : 1.36 (As of May. 29, 2024)

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What is CDT Environmental Technology Investment Holdings Price-to-Tangible-Book?

As of today (2024-05-29), CDT Environmental Technology Investment Holdings's share price is $4.04. CDT Environmental Technology Investment Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.98. Hence, CDT Environmental Technology Investment Holdings's Price to Tangible Book Ratio of today is 1.36.

The historical rank and industry rank for CDT Environmental Technology Investment Holdings's Price-to-Tangible-Book or its related term are showing as below:

CDTG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.36
Current: 1.36

During the past 6 years, CDT Environmental Technology Investment Holdings's highest Price to Tangible Book Ratio was 1.36. The lowest was 0.00. And the median was 0.00.

CDTG's Price-to-Tangible-Book is ranked better than
64.89% of 188 companies
in the Waste Management industry
Industry Median: 2.08 vs CDTG: 1.36

A closely related ratio is called PB Ratio. As of today, CDT Environmental Technology Investment Holdings's share price is $4.04. CDT Environmental Technology Investment Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.98. Hence, CDT Environmental Technology Investment Holdings's P/B Ratio of today is 1.35.

CDT Environmental Technology Investment Holdings Price-to-Tangible-Book Historical Data

The historical data trend for CDT Environmental Technology Investment Holdings'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.

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CDT Environmental Technology Investment Holdings Price-to-Tangible-Book Chart

CDT Environmental Technology Investment Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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CDT Environmental Technology Investment Holdings Quarterly Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of CDT Environmental Technology Investment Holdings's Price-to-Tangible-Book

For the Waste Management subindustry, CDT Environmental Technology Investment Holdings'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.

CDT Environmental Technology Investment Holdings's Price-to-Tangible-Book Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, CDT Environmental Technology Investment Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CDT Environmental Technology Investment Holdings's Price-to-Tangible-Book falls into.

CDT Environmental Technology Investment Holdings Price-to-Tangible-Book Calculation

CDT Environmental Technology Investment Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	4.04	/	2.98
	=	1.36

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

CDT Environmental Technology Investment Holdings Price-to-Tangible-Book Related Terms

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

CDT Environmental Technology Investment Holdings (CDT Environmental Technology Investment Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » CDT Environmental Technology Investment Holdings Ltd (NAS:CDTG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Kefa Road, C1, 4th Floor, Building 1, Financial Base, Nanshan District, Shenzhen, CHN, 518057

Website

http://www.cdthb.cn

CDT Environmental Technology Investment Holdings Ltd is a waste treatment company. The company generates revenue through the design, development, manufacture, sales, installation, operation and maintenance of sewage treatment systems and by providing sewage treatment services. It engages in two business lines namely, rural sewage treatment and septic tank treatment in both urban and rural areas.

CDT Environmental Technology Investment Holdings (CDT Environmental Technology Investment Holdings) Headlines

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