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CoreCivic (STU:PSRA) Price-to-Tangible-Book : 1.19 (As of May. 22, 2024)


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What is CoreCivic Price-to-Tangible-Book?

As of today (2024-05-22), CoreCivic's share price is €14.165. CoreCivic's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €11.87. Hence, CoreCivic's Price to Tangible Book Ratio of today is 1.19.

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

STU:PSRA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.57   Med: 1.6   Max: 3.23
Current: 1.21

During the past 13 years, CoreCivic's highest Price to Tangible Book Ratio was 3.23. The lowest was 0.57. And the median was 1.60.

STU:PSRA's Price-to-Tangible-Book is ranked better than
70.92% of 870 companies
in the Business Services industry
Industry Median: 2.1 vs STU:PSRA: 1.21

A closely related ratio is called PB Ratio. As of today, CoreCivic's share price is €14.165. CoreCivic's Book Value per Sharefor the quarter that ended in Mar. 2024 was €11.91. Hence, CoreCivic's P/B Ratio of today is 1.19.


CoreCivic Price-to-Tangible-Book Historical Data

The historical data trend for CoreCivic'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.

CoreCivic Price-to-Tangible-Book Chart

CoreCivic 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 1.56 0.59 0.89 0.92 1.09

CoreCivic 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 0.72 0.74 0.87 1.09 1.22

Competitive Comparison of CoreCivic's Price-to-Tangible-Book

For the Security & Protection Services subindustry, CoreCivic'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.


CoreCivic's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CoreCivic's Price-to-Tangible-Book distribution charts can be found below:

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



CoreCivic Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=14.165/11.867
=1.19

* 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.


CoreCivic Price-to-Tangible-Book Related Terms

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


CoreCivic (STU:PSRA) Business Description

Traded in Other Exchanges
Address
5501 Virginia Way, Suite 110, Brentwood, TN, USA, 37027
CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Safety segment operates roughly 50 facilities and owns majority of them. The Community segment owns and operates close to 30 residential reentry centers. The Properties segment owns approximately 15 properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the Safety segment. Its customers are federal, state, and local government agencies. Commercial contracts are typically 3-5 years long with multiple renewal options. CoreCivic operated as a Real Estate Investment Trust until January 2021 when it was reorganized as a taxable C Corporation.

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