Coventry Group (ASX:CYG) Price-to-Tangible-Book : 2.36 (As of May. 12, 2024)

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What is Coventry Group Price-to-Tangible-Book?

As of today (2024-05-12), Coventry Group's share price is A$1.42. Coventry Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.60. Hence, Coventry Group's Price to Tangible Book Ratio of today is 2.36.

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

ASX:CYG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42 Med: 0.96 Max: 2.44
Current: 2.37

During the past 13 years, Coventry Group's highest Price to Tangible Book Ratio was 2.44. The lowest was 0.42. And the median was 0.96.

ASX:CYG's Price-to-Tangible-Book is ranked worse than
66.91% of 136 companies
in the Industrial Distribution industry
Industry Median: 1.305 vs ASX:CYG: 2.37

A closely related ratio is called PB Ratio. As of today, Coventry Group's share price is A$1.42. Coventry Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.17. Hence, Coventry Group's P/B Ratio of today is 1.21.

Coventry Group Price-to-Tangible-Book Historical Data

The historical data trend for Coventry Group'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.

Coventry Group Price-to-Tangible-Book Chart

Coventry Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.50

0.99

2.15

2.09

1.83

Coventry Group 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															2.44	2.09	1.85	1.83	2.41

Competitive Comparison of Coventry Group's Price-to-Tangible-Book

For the Industrial Distribution subindustry, Coventry Group'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.

Coventry Group's Price-to-Tangible-Book Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Coventry Group's Price-to-Tangible-Book distribution charts can be found below:

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

Coventry Group Price-to-Tangible-Book Calculation

Coventry Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.42	/	0.602
	=	2.36

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.

Coventry Group Price-to-Tangible-Book Related Terms

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

Coventry Group (ASX:CYG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Coventry Group Ltd (ASX:CYG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

235 Settlement Road, Thomastown, P.O. Box 526, Melbourne, VIC, AUS, 3074

Website

https://www.cgl.com.au

Coventry Group Ltd distributes and markets industrial products. The company operates through the following segments: Trade Distribution, and Fluid Systems. It generates maximum revenue from the Trade Distribution segment. The Trade Distribution segment includes the importation, distribution, and marketing of industrial fasteners, industrial hardware supplies and associated products and cabinet making hardware. Its Fluid Systems segment includes the design, manufacture, distribution, installation, and maintenance of lubrication and hydraulic fluid systems and hoses. Geographically, it derives a majority of revenue from Australia.

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