Cool Co (OSL:CLCO) Price-to-Tangible-Book : 0.91 (As of May. 20, 2024)

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What is Cool Co Price-to-Tangible-Book?

As of today (2024-05-20), Cool Co's share price is kr130.20. Cool Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr142.72. Hence, Cool Co's Price to Tangible Book Ratio of today is 0.91.

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

OSL:CLCO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9 Med: 0.94 Max: 0.97
Current: 0.91

During the past 3 years, Cool Co's highest Price to Tangible Book Ratio was 0.97. The lowest was 0.90. And the median was 0.94.

OSL:CLCO's Price-to-Tangible-Book is ranked better than
69.23% of 923 companies
in the Oil & Gas industry
Industry Median: 1.35 vs OSL:CLCO: 0.91

A closely related ratio is called PB Ratio. As of today, Cool Co's share price is kr130.20. Cool Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr144.58. Hence, Cool Co's P/B Ratio of today is 0.90.

Cool Co Price-to-Tangible-Book Historical Data

The historical data trend for Cool 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.

Cool Co Price-to-Tangible-Book Chart

Cool Co Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.97

0.90

Cool Co Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	0.97	1.01	1.00	0.90

Competitive Comparison of Cool Co's Price-to-Tangible-Book

For the Oil & Gas Midstream subindustry, Cool 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.

Cool Co's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cool Co's Price-to-Tangible-Book distribution charts can be found below:

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

Cool Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	130.20	/	142.724
	=	0.91

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.

Cool Co Price-to-Tangible-Book Related Terms

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

Cool Co (OSL:CLCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cool Co Ltd (OSL:CLCO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CLCO:USA HQ3:Germany HQ3:Germany

Address

9 Par-La-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11

Website

https://www.coolcoltd.com

Cool Co Ltd is a LNG shipping company. The company operates and manages the fuel-efficient LNGCs providing critical supply chain support to the international energy industry and flexible LNG transportation solutions, providing a lesser-emitting form of energy to help enable decarbonization efforts. Geographical presence of the company is in Singapore, Europe, Asia, Dutch, Japan and other International LNG trader.