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Davis Commodities (Davis Commodities) Price-to-Tangible-Book : 2.59 (As of Jun. 24, 2024)


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What is Davis Commodities Price-to-Tangible-Book?

As of today (2024-06-24), Davis Commodities's share price is $1.085. Davis Commodities's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.42. Hence, Davis Commodities's Price to Tangible Book Ratio of today is 2.59.

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

DTCK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.48   Med: 2.48   Max: 2.59
Current: 2.58

During the past 4 years, Davis Commodities's highest Price to Tangible Book Ratio was 2.59. The lowest was 2.48. And the median was 2.48.

DTCK's Price-to-Tangible-Book is ranked worse than
67.58% of 1718 companies
in the Consumer Packaged Goods industry
Industry Median: 1.67 vs DTCK: 2.58

A closely related ratio is called PB Ratio. As of today, Davis Commodities's share price is $1.085. Davis Commodities's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.42. Hence, Davis Commodities's P/B Ratio of today is 2.59.

Davis Commodities Price-to-Tangible-Book Historical Data

The historical data trend for Davis Commodities'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.

Davis Commodities Price-to-Tangible-Book Chart

Davis Commodities Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - 2.48

Davis Commodities Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial - - - - 2.48

Competitive Comparison of Davis Commodities's Price-to-Tangible-Book

For the Farm Products subindustry, Davis Commodities'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.

Davis Commodities's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Davis Commodities's Price-to-Tangible-Book distribution charts can be found below:

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


Davis Commodities Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.085/0.419
=2.59

* 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:

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.

Davis Commodities Price-to-Tangible-Book Related Terms

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

Davis Commodities (Davis Commodities) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Davis Commodities Ltd (NAS:DTCK) » Definitions » Price-to-Tangible-Book
Comparable Companies
VFF GCEH ALCO SDOT SANW LOCL SHMP TAER AQB SISI ADM SZSE:002714 SZSE:300498 TSN SHSE:600438 BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN
Traded in Other Exchanges
N/A
Address
10 Bukit Batok Crescent, No. 10-01, The Spire, Singapore, SGP, 658079
Website
Davis Commodities Ltd is an agricultural commodity trading company based in Singapore which specializes in trading of three main categories of agricultural commodities namely sugar, rice, and oil and fat products. It distributes agricultural commodities to various markets, including Asia, Africa and the Middle East. The company also provides customers of commodity offerings with complementary, ancillary services such as warehouse handling and storage and logistics services.