GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ceres Power Holdings PLC (OTCPK:CPWHF) » Definitions » Price-to-Tangible-Book

Ceres Power Holdings (Ceres Power Holdings) Price-to-Tangible-Book : 1.71 (As of Apr. 30, 2024)


View and export this data going back to . Start your Free Trial

What is Ceres Power Holdings Price-to-Tangible-Book?

As of today (2024-04-30), Ceres Power Holdings's share price is $1.81. Ceres Power Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.06. Hence, Ceres Power Holdings's Price to Tangible Book Ratio of today is 1.71.

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

CPWHF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.83   Med: 5.62   Max: 19.7
Current: 1.83

During the past 13 years, Ceres Power Holdings's highest Price to Tangible Book Ratio was 19.70. The lowest was 1.83. And the median was 5.62.

CPWHF's Price-to-Tangible-Book is ranked better than
51.4% of 2821 companies
in the Industrial Products industry
Industry Median: 2.12 vs CPWHF: 1.83

A closely related ratio is called PB Ratio. As of today, Ceres Power Holdings's share price is $1.81. Ceres Power Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.19. Hence, Ceres Power Holdings's P/B Ratio of today is 1.53.


Ceres Power Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Ceres Power 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.

* Premium members only.

Ceres Power Holdings Price-to-Tangible-Book Chart

Ceres Power Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.06 - 7.25 3.03 2.17

Ceres Power Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun21 Dec21 Jun22 Dec22 Jun23 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 7.25 4.55 3.03 2.90 2.17

Competitive Comparison of Ceres Power Holdings's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Ceres Power 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.


Ceres Power Holdings's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ceres Power Holdings's Price-to-Tangible-Book distribution charts can be found below:

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



Ceres Power Holdings Price-to-Tangible-Book Calculation

Ceres Power 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 )
=1.81/1.06
=1.71

* 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.


Ceres Power Holdings Price-to-Tangible-Book Related Terms

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


Ceres Power Holdings (Ceres Power Holdings) Business Description

Traded in Other Exchanges
Address
Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX
Ceres Power Holdings PLC is a UK- based technology solutions provider. It is one of the developers of fuel cell technology, which enables the production of clean & low-cost energy. Its SteelCell technology uses the existing infrastructure of mains natural gas & is manufactured using commodity materials, such as steel. It mainly caters to the automotive industry. Among its other markets are transportation, commercial, & light industrial sectors. The group established a leading technology position in solid oxide fuel cell (SOFC) power systems & develop solid oxide electrolysis (SOEC) to demonstrate it at a megawatt scale. The Group has identified two reporting segments, Power (SOFC) & Hydrogen (SOEC), the majority is from the Power (SOFC) segment. Geographically, the majority is from Asia.

Ceres Power Holdings (Ceres Power Holdings) Headlines