ContextLogic (MEX:LOGC) Price-to-Tangible-Book : 0.95 (As of Jun. 23, 2024)

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What is ContextLogic Price-to-Tangible-Book?

As of today (2024-06-23), ContextLogic's share price is MXN105.50. ContextLogic's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was MXN111.56. Hence, ContextLogic's Price to Tangible Book Ratio of today is 0.95.

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

MEX:LOGC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.39 Med: 3.29 Max: 68.14
Current: 0.82

During the past 7 years, ContextLogic's highest Price to Tangible Book Ratio was 68.14. The lowest was 0.39. And the median was 3.29.

MEX:LOGC's Price-to-Tangible-Book is ranked better than
76% of 975 companies
in the Retail - Cyclical industry
Industry Median: 1.73 vs MEX:LOGC: 0.82

A closely related ratio is called PB Ratio. As of today, ContextLogic's share price is MXN105.50. ContextLogic's Book Value per Sharefor the quarter that ended in Mar. 2024 was MXN111.56. Hence, ContextLogic's P/B Ratio of today is 0.95.

ContextLogic Price-to-Tangible-Book Historical Data

The historical data trend for ContextLogic'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.

ContextLogic Price-to-Tangible-Book Chart

ContextLogic Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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9.77

0.71

0.69

ContextLogic Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.70	0.47	0.38	0.69	0.82

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

For the Internet Retail subindustry, ContextLogic'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.

ContextLogic's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ContextLogic's Price-to-Tangible-Book distribution charts can be found below:

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

ContextLogic Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	105.50	/	111.558
	=	0.95

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.

ContextLogic Price-to-Tangible-Book Related Terms

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

ContextLogic (MEX:LOGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ContextLogic Inc (MEX:LOGC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

LOGC:USA 5ZZ0:Germany

Address

One Sansome Street, 33rd Floor, San Francisco, CA, USA, 94104

Website

https://www.wish.com

ContextLogic Inc is an online shopping store. The store provides personalized products, clothing products, accessories, gaming products and equipment, cosmetics, plastic products, mobile covers, and other products. Geographically, it derives a majority of revenue from Europe and also has a presence in North America; South America, and other countries.