C3is (CISS) Price-to-Tangible-Book : 0.05 (As of Jun. 01, 2024)

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What is C3is Price-to-Tangible-Book?

As of today (2024-06-01), C3is's share price is $1.79. C3is's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $33.86. Hence, C3is's Price to Tangible Book Ratio of today is 0.05.

The historical rank and industry rank for C3is's Price-to-Tangible-Book or its related term are showing as below:

CISS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.05 Med: 0.08 Max: 0.1
Current: 0.05

During the past 3 years, C3is's highest Price to Tangible Book Ratio was 0.10. The lowest was 0.05. And the median was 0.08.

CISS's Price-to-Tangible-Book is ranked better than
99.77% of 879 companies
in the Transportation industry
Industry Median: 1.44 vs CISS: 0.05

A closely related ratio is called PB Ratio. As of today, C3is's share price is $1.79. C3is's Book Value per Sharefor the quarter that ended in Mar. 2024 was $33.86. Hence, C3is's P/B Ratio of today is 0.05.

C3is Price-to-Tangible-Book Historical Data

The historical data trend for C3is'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.

C3is Price-to-Tangible-Book Chart

C3is Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.08

C3is Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial				-	-	0.08	0.08	0.10

Competitive Comparison of C3is's Price-to-Tangible-Book

For the Marine Shipping subindustry, C3is'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.

C3is's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, C3is's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where C3is's Price-to-Tangible-Book falls into.

C3is Price-to-Tangible-Book Calculation

C3is's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	1.79	/	33.858
	=	0.05

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.

C3is Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of C3is's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

C3is (CISS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » C3is Inc (NAS:CISS) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

331 Kifissias Avenue, Erithrea, Athens, GRC, 14561

Website

https://www.c3is.pro

C3is Inc is a provider of international seaborne transportation services to dry bulk charterers, including major national and private industrial users, commodity producers and traders. The company owns and operates a fleet of two dry bulk carriers that transport major bulks such as iron ore, coal and grains, and minor bulks such as bauxite, phosphate and fertilizers. The total cargo-carrying capacity of our fleet is approximately 64,000 dwt.