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Eastman Chemical Co (Eastman Chemical Co) Price-to-Tangible-Book : 14.70 (As of May. 06, 2024)


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What is Eastman Chemical Co Price-to-Tangible-Book?

As of today (2024-05-06), Eastman Chemical Co's share price is $98.02. Eastman Chemical Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $6.67. Hence, Eastman Chemical Co's Price to Tangible Book Ratio of today is 14.70.

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

EMN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 14.62   Med: 22.25   Max: 326.77
Current: 14.7

During the past 13 years, Eastman Chemical Co's highest Price to Tangible Book Ratio was 326.77. The lowest was 14.62. And the median was 22.25.

EMN's Price-to-Tangible-Book is ranked worse than
96.64% of 1489 companies
in the Chemicals industry
Industry Median: 1.86 vs EMN: 14.70

A closely related ratio is called PB Ratio. As of today, Eastman Chemical Co's share price is $98.02. Eastman Chemical Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was $47.09. Hence, Eastman Chemical Co's P/B Ratio of today is 2.08.


Eastman Chemical Co Price-to-Tangible-Book Historical Data

The historical data trend for Eastman Chemical Co'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.

Eastman Chemical Co Price-to-Tangible-Book Chart

Eastman Chemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 22.25 34.67 15.64

Eastman Chemical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 35.63 24.57 16.21 15.64 15.03

Competitive Comparison of Eastman Chemical Co's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Eastman Chemical Co'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.


Eastman Chemical Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Eastman Chemical Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Eastman Chemical Co's Price-to-Tangible-Book falls into.



Eastman Chemical Co Price-to-Tangible-Book Calculation

Eastman Chemical Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=98.02/6.667
=14.70

* 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.


Eastman Chemical Co Price-to-Tangible-Book Related Terms

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


Eastman Chemical Co (Eastman Chemical Co) Business Description

Traded in Other Exchanges
Address
200 South Wilcox Drive, Kingsport, TN, USA, 37662
Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemicals company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.
Executives
Adrian James Holt officer: SVP, Chf HR Ofcr 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Julie A. Mcalindon officer: SVP SupChn,Regions&Transform 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Linnie M Haynesworth director 214 N TRYON STREET, CHARLOTTE NC 28202
Brian Travis Smith officer: SVP, Add & Funct Prod 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Eric L Butler director 1400 DOUGLAS STREET, STOP 1210, OMAHA NE 68179
Mark K Cox officer: Senior Vice President 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Christopher Moore Killian officer: SVP & CTO 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Stephen Glenn Crawford officer: SVP & CTO 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Michelle Renee Stewart officer: CAO & Controller 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Brad A Lich officer: Executive Vice President 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Mark J Costa director, officer: Chief Executive Officer 200 SOUTH WILCOX DRIVE, P.O. BOX 431, KINGSPORT TN 37660
Perry Stuckey officer: SVP, Chf HR Ofcr 200 SOUTH WILCOX DRIVE, KINGSPORT TN 37660
Scott V. King officer: VP, Finance & CAO 100 N. EASTMAN ROAD, B54, KINGSPORT TN 37660
Lucian Boldea officer: Senior Vice President 855 S. MINT STREET, CHARLOTTE NC 28202
Vanessa Allen Sutherland director 650 W PEACHTREE ST NW, ATLANTA GA 30308