ELK-Desa Resources Bhd (XKLS:5228) Price-to-Tangible-Book : 1.23 (As of May. 17, 2024)

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What is ELK-Desa Resources Bhd Price-to-Tangible-Book?

As of today (2024-05-17), ELK-Desa Resources Bhd's share price is RM1.28. ELK-Desa Resources Bhd's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was RM1.04. Hence, ELK-Desa Resources Bhd's Price to Tangible Book Ratio of today is 1.23.

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

XKLS:5228' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.64 Med: 0.88 Max: 1.29
Current: 1.23

During the past 13 years, ELK-Desa Resources Bhd's highest Price to Tangible Book Ratio was 1.29. The lowest was 0.64. And the median was 0.88.

XKLS:5228's Price-to-Tangible-Book is ranked worse than
54.51% of 499 companies
in the Credit Services industry
Industry Median: 1.09 vs XKLS:5228: 1.23

A closely related ratio is called PB Ratio. As of today, ELK-Desa Resources Bhd's share price is RM1.28. ELK-Desa Resources Bhd's Book Value per Sharefor the quarter that ended in Dec. 2023 was RM1.04. Hence, ELK-Desa Resources Bhd's P/B Ratio of today is 1.23.

ELK-Desa Resources Bhd Price-to-Tangible-Book Historical Data

The historical data trend for ELK-Desa Resources Bhd'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.

ELK-Desa Resources Bhd Price-to-Tangible-Book Chart

ELK-Desa Resources Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.00

0.81

0.92

0.88

1.11

ELK-Desa Resources Bhd 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															1.04	1.11	1.23	1.29	1.20

Competitive Comparison of ELK-Desa Resources Bhd's Price-to-Tangible-Book

For the Credit Services subindustry, ELK-Desa Resources Bhd'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.

ELK-Desa Resources Bhd's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, ELK-Desa Resources Bhd's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where ELK-Desa Resources Bhd's Price-to-Tangible-Book falls into.

ELK-Desa Resources Bhd Price-to-Tangible-Book Calculation

ELK-Desa Resources Bhd's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.28	/	1.042
	=	1.23

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.

ELK-Desa Resources Bhd Price-to-Tangible-Book Related Terms

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

ELK-Desa Resources Bhd (XKLS:5228) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » ELK-Desa Resources Bhd (XKLS:5228) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15 - 17, Jalan Brunei Utara, Off Jalan Pudu, Kuala Lumpur, SGR, MYS, 55100

Website

https://www.elk-desa.com.my

ELK-Desa Resources Bhd is a Malaysian company investment holding company. The company's business segments are Hire-purchase financing and other integrated services and the Trading of furniture. The Hire-purchase financing and other integrated services segment is involved in the business of hire purchase financing for used motor vehicles as well as selling general insurance policies as an insurance agent and the Trading of furniture segment is involved in the business of trading, export, wholesaling and manufacturing of furniture. The company earns the majority of its revenue from hire-purchase financing.

ELK-Desa Resources Bhd (XKLS:5228) Headlines

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