As of today (2024-05-11), Nano Magic's share price is $0.71. Nano Magic's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.10. Hence, Nano Magic's Price to Tangible Book Ratio of today is 7.24.
The historical rank and industry rank for Nano Magic's Price-to-Tangible-Book or its related term are showing as below:
NMGX'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79 Med: 6.06 Max: 25.17
Current: 7.1
During the past 13 years, Nano Magic's highest Price to Tangible Book Ratio was 25.17. The lowest was 0.79. And the median was 6.06.
NMGX's Price-to-Tangible-Book is ranked worse than 91.06% of 1487
companies
in the Chemicals industry
Industry Median: 1.86
vs NMGX: 7.10
The historical data trend for Nano Magic'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.
Competitive Comparison of Nano Magic's Price-to-Tangible-Book
For the Specialty Chemicals subindustry, Nano Magic'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.
Nano Magic's Price-to-Tangible-Book Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nano Magic's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Nano Magic's Price-to-Tangible-Book falls into.
Nano Magic Price-to-Tangible-Book Calculation
Nano Magic's price-to-tangible-book ratio for today is calculated as:
* 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:
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.
Nano Magic Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Nano Magic's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Nano Magic Inc is engaged in the marketing and sale of products enabled by nanotechnology. It develops and sells products based on its portfolio of intellectual property and its products include a portfolio of nano-layer coatings, nano-based cleaners, printable inks, pastes, and thermal management materials. Its products can be used on eyeglasses, extreme sport and safety glasses and goggles, electronic screens, windows, mirrors, shower doors, and cleaning everyday household surfaces.
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