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Core Molding Technologies (Core Molding Technologies) PB Ratio : 1.12 (As of May. 03, 2024)


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What is Core Molding Technologies 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 (2024-05-03), Core Molding Technologies's share price is $17.91. Core Molding Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was $16.05. Hence, Core Molding Technologies's PB Ratio of today is 1.12.

Good Sign:

Core Molding Technologies Inc stock PB Ratio (=1.12) is close to 1-year low of 1.06

The historical rank and industry rank for Core Molding Technologies's PB Ratio or its related term are showing as below:

CMT' s PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 1.11   Max: 2.7
Current: 1.12

During the past 13 years, Core Molding Technologies's highest PB Ratio was 2.70. The lowest was 0.10. And the median was 1.11.

CMT's PB Ratio is ranked better than
68.62% of 1533 companies
in the Chemicals industry
Industry Median: 1.6 vs CMT: 1.12

During the past 12 months, Core Molding Technologies's average Book Value Per Share Growth Rate was 16.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Core Molding Technologies was 25.20% per year. The lowest was -5.40% per year. And the median was 9.15% per year.

Back to Basics: PB Ratio


Core Molding Technologies PB Ratio Historical Data

The historical data trend for Core Molding Technologies'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.

Core Molding Technologies PB Ratio Chart

Core Molding Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 1.20 0.70 0.94 1.15

Core Molding Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 1.23 1.50 1.84 1.15

Competitive Comparison of Core Molding Technologies's PB Ratio

For the Specialty Chemicals subindustry, Core Molding Technologies'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.


Core Molding Technologies's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Core Molding Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Core Molding Technologies's PB Ratio falls into.



Core Molding Technologies 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.

Core Molding Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=17.91/16.054
=1.12

* 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 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.


Core Molding Technologies  (AMEX:CMT) 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.


Core Molding Technologies PB Ratio Related Terms

Thank you for viewing the detailed overview of Core Molding Technologies's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Core Molding Technologies (Core Molding Technologies) Business Description

Traded in Other Exchanges
Address
800 Manor Park Drive, Columbus, OH, USA, 43228-0183
Core Molding Technologies Inc operates in the engineered materials market as one operating segment as a molder of thermoplastic and thermoset structural products. It produces and sells molded products for varied markets, including medium and heavy-duty trucks, automobiles, power sports, construction and agriculture, building products, and other industrial markets. The processes include compression molding of sheet molding compound (SMC), resin transfer molding (RTM), liquid molding of dicyclopentadiene (DCPD), spray-up and hand-lay-up, direct long-fiber thermoplastics (D-LFT) and structural foam, and structural web injection molding (SIM). It operates in Columbus, Ohio, Columbus, and Batavia, Ohio; Gaffney, South Carolina; Winona, Minnesota; Matamoros and others.
Executives
John P Zimmer officer: VP, Treasurer, Secretary & CFO 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Renee R Anderson officer: EVP, Human Resources 800 MANOR PARK DR, COLUMBUS OH 43228
Eric Palomaki officer: Vice President of Operations 800 MANOR PARK DRIVE, COLUMBUS OH 43228
David L. Duvall director, officer: Chief Executive Officer 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Thomas R Cellitti director 493 S KENILWORTH AVENUE, ELMHURST IL 60126
Ralph O Hellmold director
Matthew Jauchius director 800 MANOR PARK DRIVE, COLUMBUS OH 43228
James C Highfield officer: EVP, Sales and Marketing 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Andrew O Smith director 800 MANOR PARK DRIVE, COLUMBUS OH 43228
James F Crowley director
Sandra Lee Kowaleski director 800 MANOR PARK DRIVE, COLUMBUS OH 43228
James L Simonton director
Robert P Price officer: Vice President of Operations 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Terrence James O'donovan officer: VP, Marketing and Sales 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Kevin L Barnett director, officer: President and CEO