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Ceylon Investment (COL:CINV.N0000) Price-to-Tangible-Book : 0.51 (As of Jun. 24, 2024)


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What is Ceylon Investment Price-to-Tangible-Book?

As of today (2024-06-24), Ceylon Investment's share price is රු57.20. Ceylon Investment's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was රු112.31. Hence, Ceylon Investment's Price to Tangible Book Ratio of today is 0.51.

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

COL:CINV.N0000' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.3   Med: 0.54   Max: 0.79
Current: 0.51

During the past 13 years, Ceylon Investment's highest Price to Tangible Book Ratio was 0.79. The lowest was 0.30. And the median was 0.54.

COL:CINV.N0000's Price-to-Tangible-Book is ranked better than
90.77% of 1615 companies
in the Asset Management industry
Industry Median: 0.94 vs COL:CINV.N0000: 0.51

A closely related ratio is called PB Ratio. As of today, Ceylon Investment's share price is රු57.20. Ceylon Investment's Book Value per Sharefor the quarter that ended in Dec. 2023 was රු112.31. Hence, Ceylon Investment's P/B Ratio of today is 0.51.


Ceylon Investment Price-to-Tangible-Book Historical Data

The historical data trend for Ceylon Investment'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.

Ceylon Investment Price-to-Tangible-Book Chart

Ceylon Investment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.45 0.69 0.41 0.32

Ceylon Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.36 0.32 0.34 0.49 0.40

Competitive Comparison of Ceylon Investment's Price-to-Tangible-Book

For the Asset Management subindustry, Ceylon Investment'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.


Ceylon Investment's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ceylon Investment's Price-to-Tangible-Book distribution charts can be found below:

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



Ceylon Investment Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=57.20/112.31
=0.51

* 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.


Ceylon Investment Price-to-Tangible-Book Related Terms

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


Ceylon Investment (COL:CINV.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Janadhipathi Mawatha, Colombo, LKA, 01
Ceylon Investment PLC is an investment company which engages in the management of investment portfolios. It holds investments in the beverage, food and tobacco, hotels and travel, telecommunications, power and energy and healthcare sectors. The company is a subsidiary of Carson Cumberbatch PLC. The investment portfolio of the company is managed by Guardian Fund Management Limited.

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