Redishred Capital (TSXV:KUT) Price-to-Tangible-Book : (As of May. 26, 2024)

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What is Redishred Capital Price-to-Tangible-Book?

As of today (2024-05-26), Redishred Capital's share price is C$2.85. Redishred Capital's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$-0.37. Hence, Redishred Capital's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Redishred Capital's highest Price to Tangible Book Ratio was 25.14. The lowest was 4.42. And the median was 10.70.

TSXV:KUT's Price-to-Tangible-Book is not ranked ^*
in the Business Services industry.
Industry Median: 2.07
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Redishred Capital's share price is C$2.85. Redishred Capital's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$2.58. Hence, Redishred Capital's P/B Ratio of today is 1.11.

Redishred Capital Price-to-Tangible-Book Historical Data

The historical data trend for Redishred Capital'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.

Redishred Capital Price-to-Tangible-Book Chart

Redishred Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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25.14

Redishred Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Redishred Capital's Price-to-Tangible-Book

For the Specialty Business Services subindustry, Redishred Capital'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.

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

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

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

Redishred Capital Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.85	/	-0.373
	=

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.

Redishred Capital Price-to-Tangible-Book Related Terms

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

Redishred Capital (TSXV:KUT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Redishred Capital Corp (TSXV:KUT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

RDCPF:USA

Address

2233 Argentia Road, Suite 202, Mississauga, ON, CAN, L5N 2X7

Website

https://www.proshred.com

Redishred Capital Corp is a company that manages and operates the Proshred brand and business platform in the United States and internationally. It operates the Proshred system under two business models, via franchising in the United States, and via direct ownership of shredding trucks and facilities in eight locations in the United States. The operating segments of the company are (1) the granting and managing of shredding business franchises under the "Proshred" trademark (Franchising and licensing), (2) the operation of the corporately owned shredding business (Corporate locations) and (3) supporting the franchises and corporately owned shredding businesses (Corporate).

Executives

Robert Michael Crozier

Director

Redishred Capital (TSXV:KUT) Headlines

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