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K-TIG (ASX:KTG) Price-to-Tangible-Book : (As of Jun. 09, 2024)


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What is K-TIG Price-to-Tangible-Book?

As of today (2024-06-09), K-TIG's share price is A$0.3625. K-TIG's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was A$-0.02. Hence, K-TIG's Price to Tangible Book Ratio of today is .

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

During the past 11 years, K-TIG's highest Price to Tangible Book Ratio was 12.64. The lowest was 0.81. And the median was 5.01.

ASX:KTG's Price-to-Tangible-Book is not ranked *
in the Industrial Products industry.
Industry Median: 2.025
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, K-TIG's share price is A$0.3625. K-TIG's Book Value per Sharefor the quarter that ended in Jun. 2023 was A$-0.02. Hence, K-TIG's P/B Ratio of today is .


K-TIG Price-to-Tangible-Book Historical Data

The historical data trend for K-TIG'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.

K-TIG Price-to-Tangible-Book Chart

K-TIG Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.12 12.64 9.77 -

K-TIG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.64 15.82 9.77 6.25 -

Competitive Comparison of K-TIG's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, K-TIG'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.


K-TIG's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, K-TIG's Price-to-Tangible-Book distribution charts can be found below:

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



K-TIG Price-to-Tangible-Book Calculation

K-TIG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=0.3625/-0.017
=

* 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.


K-TIG Price-to-Tangible-Book Related Terms

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


K-TIG (ASX:KTG) Business Description

Traded in Other Exchanges
N/A
Address
9 William Street, Building 5, Mile End, Adelaide, SA, AUS, 5031
K-TIG Ltd is a developer and manufacturer of welding technology. The firm serves various fabrication sectors such as vessel, tank, tube & pipe, oil & gas, nuclear, water treatment, defence, and others. Its geographical segments include Australia, the United Kingdom, the United States, South East Asia Pacific (including New Zealand), and the Rest of the World, out of which the majority of the revenue comes from the United States.

K-TIG (ASX:KTG) Headlines

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