Cofle SpA (MIL:CFL) Price-to-Tangible-Book : 1.62 (As of May. 27, 2024)

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What is Cofle SpA Price-to-Tangible-Book?

As of today (2024-05-27), Cofle SpA's share price is €5.75. Cofle SpA's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €3.55. Hence, Cofle SpA's Price to Tangible Book Ratio of today is 1.62.

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

MIL:CFL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.62 Med: 3.44 Max: 4.21
Current: 1.62

During the past 5 years, Cofle SpA's highest Price to Tangible Book Ratio was 4.21. The lowest was 1.62. And the median was 3.44.

MIL:CFL's Price-to-Tangible-Book is ranked better than
50.71% of 1199 companies
in the Vehicles & Parts industry
Industry Median: 1.65 vs MIL:CFL: 1.62

A closely related ratio is called PB Ratio. As of today, Cofle SpA's share price is €5.75. Cofle SpA's Book Value per Sharefor the quarter that ended in Dec. 2023 was €4.34. Hence, Cofle SpA's P/B Ratio of today is 1.33.

Cofle SpA Price-to-Tangible-Book Historical Data

The historical data trend for Cofle SpA'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.

Cofle SpA Price-to-Tangible-Book Chart

Cofle SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

4.21

3.44

2.31

Cofle SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial				4.21	4.18	3.44	3.52	2.31

Competitive Comparison of Cofle SpA's Price-to-Tangible-Book

For the Auto Parts subindustry, Cofle SpA'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.

Cofle SpA's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cofle SpA's Price-to-Tangible-Book distribution charts can be found below:

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

Cofle SpA Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	5.75	/	3.55
	=	1.62

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.

Cofle SpA Price-to-Tangible-Book Related Terms

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

Cofle SpA (MIL:CFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cofle SpA (MIL:CFL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

Y9A:Germany

Address

Via del Ghezzo, 54, Trezzo sullAdda, ITA, 20056

Website

https://www.cofle.com

Cofle SpA designs, produces and sells worldwide control cables and remote control systems for the off-road vehicle, automotive, and automotive after-market sectors. It has two divisions: the Original Equipment Manufacturer (OEM) division through which it manufactures a wide range of highly customized products for customers who install the components on the products sold: through its products, the group deals with customers operating in the agricultural sector, earth-moving and commercial vehicles, and the premium automotive sector; and the After Market (AM) division which manufactures Cofle-branded components such as control cables, brake hoses or EPBs with the same quality as the original for the automotive sector.

Cofle SpA (MIL:CFL) Headlines

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