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Kvutzat Acro (XTAE:ACRO) Price-to-Tangible-Book : 1.14 (As of Jun. 20, 2024)


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What is Kvutzat Acro Price-to-Tangible-Book?

As of today (2024-06-20), Kvutzat Acro's share price is ₪34.03. Kvutzat Acro's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₪29.89. Hence, Kvutzat Acro's Price to Tangible Book Ratio of today is 1.14.

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

XTAE:ACRO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.13   Med: 1.34   Max: 1.35
Current: 1.14

During the past 6 years, Kvutzat Acro's highest Price to Tangible Book Ratio was 1.35. The lowest was 1.13. And the median was 1.34.

XTAE:ACRO's Price-to-Tangible-Book is ranked worse than
66.12% of 1715 companies
in the Real Estate industry
Industry Median: 0.8 vs XTAE:ACRO: 1.14

A closely related ratio is called PB Ratio. As of today, Kvutzat Acro's share price is ₪34.03. Kvutzat Acro's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₪29.92. Hence, Kvutzat Acro's P/B Ratio of today is 1.14.


Kvutzat Acro Price-to-Tangible-Book Historical Data

The historical data trend for Kvutzat Acro'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.

Kvutzat Acro Price-to-Tangible-Book Chart

Kvutzat Acro Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 1.35 1.32

Kvutzat Acro Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.35 1.06 1.09 1.29 1.32

Competitive Comparison of Kvutzat Acro's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Kvutzat Acro'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.


Kvutzat Acro's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kvutzat Acro's Price-to-Tangible-Book distribution charts can be found below:

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



Kvutzat Acro Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=34.03/29.885
=1.14

* 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.


Kvutzat Acro Price-to-Tangible-Book Related Terms

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


Kvutzat Acro (XTAE:ACRO) Business Description

Traded in Other Exchanges
N/A
Address
Hamanofim Street, Acro House, 2, Herzliya, ISR
Kvutzat Acro Ltd is engaged in the construction and improvement of large-scale projects in high-demand areas. It is focused on initiating, developing, and completing various structures, including residences, offices, and commercial buildings, as well as hotels.