Lake Materials Co (XKRX:281740) Price-to-Tangible-Book : 12.37 (As of Jun. 09, 2024)

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What is Lake Materials Co Price-to-Tangible-Book?

As of today (2024-06-09), Lake Materials Co's share price is ₩21250.00. Lake Materials Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₩1,717.24. Hence, Lake Materials Co's Price to Tangible Book Ratio of today is 12.37.

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

XKRX:281740' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.35 Med: 4.15 Max: 14.27
Current: 12.37

During the past 7 years, Lake Materials Co's highest Price to Tangible Book Ratio was 14.27. The lowest was 0.35. And the median was 4.15.

XKRX:281740's Price-to-Tangible-Book is ranked worse than
95.69% of 1484 companies
in the Chemicals industry
Industry Median: 1.74 vs XKRX:281740: 12.37

A closely related ratio is called PB Ratio. As of today, Lake Materials Co's share price is ₩21250.00. Lake Materials Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₩1,734.69. Hence, Lake Materials Co's P/B Ratio of today is 12.25.

Lake Materials Co Price-to-Tangible-Book Historical Data

The historical data trend for Lake Materials 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.

Lake Materials Co Price-to-Tangible-Book Chart

Lake Materials Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.35

4.52

6.22

3.35

10.47

Lake Materials 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															6.09	12.87	8.97	10.47	14.27

Competitive Comparison of Lake Materials Co's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Lake Materials 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.

Lake Materials Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

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

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

Lake Materials Co Price-to-Tangible-Book Calculation

Lake Materials 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 )
	=	21250.00	/	1717.235
	=	12.37

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.

Lake Materials Co Price-to-Tangible-Book Related Terms

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

Lake Materials Co (XKRX:281740) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lake Materials Co Ltd (XKRX:281740) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

22-144, Sandan-gil, Jeonui-myeon, Sejong, KOR, 07331

Website

http://www.lake-led.com

Lake minerals Co Ltd is engaged in the manufacture of organo-mettalic compounds which are used in the semiconductor materials, display materials, LEDs, and in electronic materials for solar and petrochemicals.

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