ZONE (CleanCore Solutions) PB Ratio : 9.70 (As of Oct. 31, 2024)

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What is CleanCore Solutions PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-10-31), CleanCore Solutions's share price is $1.31. CleanCore Solutions's Book Value per Share for the quarter that ended in Dec. 2023 was $0.14. Hence, CleanCore Solutions's PB Ratio of today is 9.70.

Good Sign:

CleanCore Solutions Inc stock PB Ratio (=10.37) is close to 1-year low of 9.41

The historical rank and industry rank for CleanCore Solutions's PB Ratio or its related term are showing as below:

ZONE' s PB Ratio Range Over the Past 10 Years
Min: 9.41 Med: 13.89 Max: 25.93
Current: 10.37

During the past 3 years, CleanCore Solutions's highest PB Ratio was 25.93. The lowest was 9.41. And the median was 13.89.

ZONE's PB Ratio is ranked worse than
94.4% of 2930 companies
in the Industrial Products industry
Industry Median: 2.04 vs ZONE: 10.37

Back to Basics: PB Ratio

CleanCore Solutions PB Ratio Historical Data

The historical data trend for CleanCore Solutions's PB Ratio 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.

CleanCore Solutions PB Ratio Chart

CleanCore Solutions Annual Data

Trend

Jun21

Jun22

Jun23

PB Ratio

CleanCore Solutions Quarterly Data
	Jun21	Mar22	Jun22	Oct22	Mar23	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of CleanCore Solutions's PB Ratio

For the Pollution & Treatment Controls subindustry, CleanCore Solutions's PB Ratio, along with its competitors' market caps and PB Ratio 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.

CleanCore Solutions's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CleanCore Solutions's PB Ratio distribution charts can be found below:

* The bar in red indicates where CleanCore Solutions's PB Ratio falls into.

CleanCore Solutions PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

CleanCore Solutions's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.31	/	0.135
	=	9.70

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

CleanCore Solutions (AMEX:ZONE) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

CleanCore Solutions PB Ratio Related Terms

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CleanCore Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CleanCore Solutions Inc (AMEX:ZONE) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

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Address

5920 South 118th Circle, Suite 2, Omaha, NE, USA, 68137

Website

https://www.cleancoresol.com

CleanCore Solutions Inc engages in the development and manufacturing of cleaning products that produce pure aqueous ozone for professional, industrial, or home use. The firm has a patented nanobubble technology using aqueous ozone that is effective in cleaning, sanitizing, and deodorizing surfaces and high-touch areas. The company offers products and solutions that are marketed for janitorial and sanitation, ice machine cleaning, laundry, and industrial industries. Its products are used in many types of environments including retail establishments, distribution centers, factories, warehouses, restaurants, schools and universities, airports, healthcare, food service, and commercial buildings such as offices, malls, and stores.