Xeros Technology Group (FRA:2X40) Price-to-Tangible-Book : 0.58 (As of Sep. 26, 2024)

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What is Xeros Technology Group Price-to-Tangible-Book?

As of today (2024-09-26), Xeros Technology Group's share price is €0.007. Xeros Technology Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.01. Hence, Xeros Technology Group's Price to Tangible Book Ratio of today is 0.58.

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

FRA:2X40' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58 Med: 2.83 Max: 7.88
Current: 0.7

During the past 12 years, Xeros Technology Group's highest Price to Tangible Book Ratio was 7.88. The lowest was 0.58. And the median was 2.83.

FRA:2X40's Price-to-Tangible-Book is ranked better than
89.41% of 2824 companies
in the Industrial Products industry
Industry Median: 1.96 vs FRA:2X40: 0.70

A closely related ratio is called PB Ratio. As of today, Xeros Technology Group's share price is €0.007. Xeros Technology Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.01. Hence, Xeros Technology Group's P/B Ratio of today is 0.58.

Xeros Technology Group Price-to-Tangible-Book Historical Data

The historical data trend for Xeros Technology Group'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.

Xeros Technology Group Price-to-Tangible-Book Chart

Xeros Technology Group Annual Data

Trend

Jul13

Jul14

Jul15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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5.63

2.21

0.98

2.63

Xeros Technology Group Semi-Annual Data
	Jul13	Jan14	Jul14	Jan15	Jul15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.21	2.40	0.98	1.63	2.63

Competitive Comparison of Xeros Technology Group's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Xeros Technology Group'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.

Xeros Technology Group's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xeros Technology Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Xeros Technology Group's Price-to-Tangible-Book falls into.

Xeros Technology Group Price-to-Tangible-Book Calculation

Xeros Technology Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.007	/	0.012
	=	0.58

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.

Xeros Technology Group Price-to-Tangible-Book Related Terms

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

Xeros Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xeros Technology Group PLC (FRA:2X40) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

XSG:UK

Address

Unit 2, Evolution, Advanced Manufacturing Park,, Whittle Way, Catcliffe, Rotherham, South Yorkshire, GBR, S60 5BL

Website

https://www.xerostech.com

Xeros Technology Group PLC develops patented polymer bead systems with multiple identified potential commercial applications which are used mostly in the commercial laundry market. It has begun the rollout of 25kg capacity washing machines that exclusively use the company's patented polymer bead cleaning system. In addition to the commercial laundry market, its polymer bead technologies have a range of potential applications in other industries including domestic laundry, leather processing, garment finishing, and metal cleaning. It has its operations in Europe and North America. It earns revenues from the sale/provision of polymer bead cleaning equipment, consumables, and services.

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