Ringmetall SE (STU:HP3) Price-to-Tangible-Book : 3.05 (As of Jun. 06, 2024)

View and export this data going back to 2014. Start your Free Trial

What is Ringmetall SE Price-to-Tangible-Book?

As of today (2024-06-06), Ringmetall SE's share price is €3.82. Ringmetall SE's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €1.25. Hence, Ringmetall SE's Price to Tangible Book Ratio of today is 3.05.

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

STU:HP3' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.33 Med: 4.95 Max: 28.82
Current: 2.94

During the past 13 years, Ringmetall SE's highest Price to Tangible Book Ratio was 28.82. The lowest was 2.33. And the median was 4.95.

STU:HP3's Price-to-Tangible-Book is ranked worse than
67.36% of 2819 companies
in the Industrial Products industry
Industry Median: 2 vs STU:HP3: 2.94

A closely related ratio is called PB Ratio. As of today, Ringmetall SE's share price is €3.82. Ringmetall SE's Book Value per Sharefor the quarter that ended in Dec. 2023 was €2.70. Hence, Ringmetall SE's P/B Ratio of today is 1.42.

Ringmetall SE Price-to-Tangible-Book Historical Data

The historical data trend for Ringmetall SE'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.

Ringmetall SE Price-to-Tangible-Book Chart

Ringmetall SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

6.38

5.23

3.45

3.05

2.38

Ringmetall SE 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															3.45	3.94	3.05	2.78	2.38

Competitive Comparison of Ringmetall SE's Price-to-Tangible-Book

For the Tools & Accessories subindustry, Ringmetall SE'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.

Ringmetall SE's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

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

Ringmetall SE Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.82	/	1.252
	=	3.05

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.

Ringmetall SE Price-to-Tangible-Book Related Terms

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

Ringmetall SE (STU:HP3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ringmetall SE (STU:HP3) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

HP3A:Germany

Address

Innere Wiener Street 9, Munich, BY, DEU, 81667

Website

https://www.ringmetall.de

Ringmetall SE is a supplier in the packaging industry with a focus on packaging elements in the field of industrial drums. Its main activities are allocated to the Industrial Packaging and Industrial Handling business units. The majority of its revenue is generated from industrial packaging segment. The products offered by the group are Clamping rings and lids, Vehicle attachment parts, and other products, of which a majority of the revenue is generated from the sales of Clamping rings and lids. The Industrial packaging segment covers the production and sale of clamping rings and the associated closures, whereas the Industrial Handling segment includes the production and marketing of vehicle attachment parts for special vehicles in logistics and warehouse logistics as well as agriculture.

Ringmetall SE (STU:HP3) Headlines

No Headlines