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CLCO (Cool Co) Price-to-Tangible-Book : 0.55 (As of Dec. 11, 2024)


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What is Cool Co Price-to-Tangible-Book?

As of today (2024-12-11), Cool Co's share price is $7.52. Cool Co's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $13.68. Hence, Cool Co's Price to Tangible Book Ratio of today is 0.55.

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

CLCO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.56   Med: 0.92   Max: 1.01
Current: 0.55

During the past 3 years, Cool Co's highest Price to Tangible Book Ratio was 1.01. The lowest was 0.56. And the median was 0.92.

CLCO's Price-to-Tangible-Book is ranked better than
80.88% of 910 companies
in the Oil & Gas industry
Industry Median: 1.3 vs CLCO: 0.55

A closely related ratio is called PB Ratio. As of today, Cool Co's share price is $7.52. Cool Co's Book Value per Sharefor the quarter that ended in Sep. 2024 was $13.82. Hence, Cool Co's P/B Ratio of today is 0.54.


Cool Co Price-to-Tangible-Book Historical Data

The historical data trend for Cool Co'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.

Cool Co Price-to-Tangible-Book Chart

Cool Co Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 0.94

Cool Co Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.02 0.94 0.80 0.85 0.83

Competitive Comparison of Cool Co's Price-to-Tangible-Book

For the Oil & Gas Midstream subindustry, Cool Co'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.


Cool Co's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cool Co's Price-to-Tangible-Book distribution charts can be found below:

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



Cool Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=7.52/13.675
=0.55

* 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.


Cool Co Price-to-Tangible-Book Related Terms

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


Cool Co Business Description

Industry
Traded in Other Exchanges
Address
22 Victoria Street, Canon's Court, Pembroke, Hamilton, BMU, HM 11
Cool Co Ltd is a LNG shipping company. The company is engaged in the acquisition, ownership, operation and chartering of liquefied natural gas (LNG) carriers (LNGCs), and the operation of third party fleets under management agreements.