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Close The LoopCTLLF -83.33% Price-to-Tangible-Book is 13.33 as of Sep. 11, 2026. The stock has 6 warning signs investors should review. Among 197 Waste Management companies, Close The Loop ranks worse than 507613.71% on this metric.
The historical rank and industry rank for Close The Loop's Price-to-Tangible-Book or its related term are showing as below:
During the past 5 years, Close The Loop's highest Price to Tangible Book Ratio was 10.00. The lowest was 5.87. And the median was 6.69.
CTLLF's Price-to-Tangible-Book is not ranked *
in the Waste Management industry.
Industry Median: 2.02 * Ranked among companies with meaningful Price-to-Tangible-Book only.
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.
Close The Loop Price-to-Tangible-Book Related Terms
Close The Loop Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Close The Loop'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.
CTLLF vs WM, RSG, WCN: Price-to-Tangible-Book Comparison
For the Waste Management subindustry, Close The Loop'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.
Close The Loop Price-to-Tangible-Book vs Waste Management Industry
For the Waste Management industry and Industrials sector, Close The Loop's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Close The Loop's Price-to-Tangible-Book falls into.
* 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.
Close The Loop (CTLLF) has a Price-to-Tangible-Book of 13.33 as of Sep. 11, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Close The Loop and its competitors. According to the industry distribution chart, Close The Loop ranks #999999 out of 197 companies in the Waste Management industry.
Is Close The Loop's Price-to-Tangible-Book too high?
Close The Loop's current Price-to-Tangible-Book is 13.33. The Waste Management industry median Price-to-Tangible-Book is 2.02. Close The Loop's value of 13.33 is 559.9% above this industry median. Based on the distribution chart, Close The Loop ranks #999999 out of 197 companies in the Waste Management industry, which is in the bottom quartile relative to peers.
How does Close The Loop's Price-to-Tangible-Book compare to WM and RSG?
According to the Waste Management industry distribution chart, Close The Loop ranks #999999 out of 197 companies for Price-to-Tangible-Book. This places Close The Loop in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.02. Close The Loop's value of 13.33 is 559.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Waste Management company?
The median Price-to-Tangible-Book among Waste Management companies is 2.02, based on 197 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Close The Loop's current Price-to-Tangible-Book of 13.33 is 559.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Close The Loop and its competitors. For the Waste Management industry, the median Price-to-Tangible-Book is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Close The Loop's current Price-to-Tangible-Book is 13.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Close The Loop stock overvalued right now?
Based on GuruFocus' analysis, Close The Loop (CTLLF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.67, compared to a current price of $0.04 — trading 94% below its estimated fair value. The current Price-to-Tangible-Book is 13.33 and 559.9% above the Waste Management industry median of 2.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Close The Loop (CTLLF), the current Price-to-Tangible-Book is 13.33 as of Sep. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Close The Loop Ltd provides reuse, recycling, and sustainability solutions. The company has developed a battery collection and recycling solution in Australia. The group has two operating segments based on differences in products and services provided: resource recovery and packaging. The company generates key revenue from resource recovery segment.
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