Grindrod (JSE:GNDP.PFD) Price-to-Tangible-Book : (As of May. 01, 2024)

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What is Grindrod Price-to-Tangible-Book?

As of today (2024-05-01), Grindrod's share price is R85.80. Grindrod's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was R0.00. Hence, Grindrod's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Grindrod's highest Price to Tangible Book Ratio was 0.90. The lowest was 0.33. And the median was 0.47.

JSE:GNDP.PFD's Price-to-Tangible-Book is not ranked ^*
in the Transportation industry.
Industry Median: 1.425
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Grindrod's share price is R85.80. Grindrod's Book Value per Sharefor the quarter that ended in Dec. 2023 was R0.00. Hence, Grindrod's P/B Ratio of today is .

Grindrod Price-to-Tangible-Book Historical Data

The historical data trend for Grindrod'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.

Grindrod Price-to-Tangible-Book Chart

Grindrod Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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Grindrod Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Grindrod's Price-to-Tangible-Book

For the Integrated Freight & Logistics subindustry, Grindrod'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.

Grindrod's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Grindrod's Price-to-Tangible-Book distribution charts can be found below:

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

Grindrod Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	85.80	/
	=

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.

Grindrod Price-to-Tangible-Book Related Terms

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

Grindrod (JSE:GNDP.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grindrod Ltd (JSE:GNDP.PFD) » Definitions » Price-to-Tangible-Book

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GND:South Africa

Address

106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001

Website

https://www.grindrod.com

Grindrod Ltd is a logistics and financial services company with significant investments in marine fuel trading, private equity, and the property sector. The company organizes itself into three segments: logistics, ports and terminals, and bank. The logistics segment, which generates the majority of revenue, is involved in providing complete freight services, storage of containers, and clearing. The Ports and Terminals segment provides bulk handling of commodities. The bank segment provides loan finance and retail services through Grindrod Bank. The company is based in South Africa and operates in the following regions, in order of revenue share: Singapore/Asia/Australia, Middle East, South Africa, the United Kingdom/Europe, North America/Bermuda, and the rest of Africa.

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