DRA Global (ASX:DRA) Price-to-Tangible-Book : 0.62 (As of May. 31, 2024)

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What is DRA Global Price-to-Tangible-Book?

As of today (2024-05-31), DRA Global's share price is A$2.06. DRA Global's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$3.31. Hence, DRA Global's Price to Tangible Book Ratio of today is 0.62.

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

ASX:DRA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48 Med: 0.68 Max: 1.25
Current: 0.62

During the past 4 years, DRA Global's highest Price to Tangible Book Ratio was 1.25. The lowest was 0.48. And the median was 0.68.

ASX:DRA's Price-to-Tangible-Book is ranked better than
76.21% of 1509 companies
in the Construction industry
Industry Median: 1.33 vs ASX:DRA: 0.62

A closely related ratio is called PB Ratio. As of today, DRA Global's share price is A$2.06. DRA Global's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$4.69. Hence, DRA Global's P/B Ratio of today is 0.44.

DRA Global Price-to-Tangible-Book Historical Data

The historical data trend for DRA Global'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.

DRA Global Price-to-Tangible-Book Chart

DRA Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.25

0.68

0.48

DRA Global Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	1.25	0.63	0.68	0.59	0.48

Competitive Comparison of DRA Global's Price-to-Tangible-Book

For the Engineering & Construction subindustry, DRA Global'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.

DRA Global's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, DRA Global's Price-to-Tangible-Book distribution charts can be found below:

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

DRA Global Price-to-Tangible-Book Calculation

DRA Global's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.06	/	3.31
	=	0.62

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.

DRA Global Price-to-Tangible-Book Related Terms

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

DRA Global (ASX:DRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » DRA Global Ltd (ASX:DRA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

DRA:South Africa

Address

256 Adelaide Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.draglobal.com

DRA Global Ltd is a diversified global engineering, project delivery, and operations management group. It provides engineering excellence through all stages of the project life cycle from concept through delivery, commissioning, operations, and rehabilitation. DRA has expertise in mining, minerals and metals processing, and related non-process infrastructure, including ESG, water, and energy solutions for the mining industry. Some of its projects are Elikhulu Gold, Yangibana Rare Earths Project, and Northam Platinum among others.

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