Close The Loop Inc
ASX:CLG
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (0.9), the stock would be worth AU$0.14 (553% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.1 | AU$0.02 |
0%
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| 3-Year Average | 0.9 | AU$0.14 |
+553%
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| 5-Year Average | 1.4 | AU$0.23 |
+935%
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| Industry Average | 2.4 | AU$0.41 |
+1 742%
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| Country Average | 2.7 | AU$0.44 |
+1 916%
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Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
C
|
Close The Loop Inc
ASX:CLG
|
11.7m AUD | 0.1 | -0.2 | |
| US |
|
Waste Management Inc
NYSE:WM
|
91.1B USD | 9.1 | 33.7 | |
| US |
|
Republic Services Inc
NYSE:RSG
|
63.5B USD | 5.3 | 29.7 | |
| CA |
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Waste Connections Inc
TSX:WCN
|
57.7B CAD | 5.3 | 40.1 | |
| US |
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Rollins Inc
NYSE:ROL
|
26.9B USD | 19.5 | 50.9 | |
| US |
|
Veralto Corp
NYSE:VLTO
|
21.6B USD | 7 | 23 | |
| UK |
|
Rentokil Initial PLC
LSE:RTO
|
12.5B GBP | 2.3 | 26.5 | |
| US |
|
Clean Harbors Inc
NYSE:CLH
|
16.2B USD | 5.8 | 40.9 | |
| CA |
|
GFL Environmental Inc
TSX:GFL
|
19.8B CAD | 2.6 | 5 | |
| CN |
|
Spic Yuanda Environmental Protection Co Ltd
SSE:600292
|
70B CNY | 13.4 | 19 329.4 | |
| US |
|
Tetra Tech Inc
NASDAQ:TTEK
|
8.2B USD | 4.5 | 23.5 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.3 |
| Max | 2 199.4 |
Other Multiples
Close The Loop Inc
Glance View
Close the Loop Ltd. provides waste collection services. The company is headquartered in Melbourne, Victoria. The company went IPO on 2021-12-02. The firm offers sustainability solutions to help companies to enhance corporate social responsibility programs. The firm's product Enviroliner is a felt tip pen which can be recycled over and over again just by placing used pen back in the printer cartridge recycling box. The firm also provides TonerPlas, which is an asphalt additive designed to melt into, extend and modify the bituminous binder mastic in asphalt. The firm provides reverse logistics capability and customer service infrastructure to deliver a national batteries collection program. The firm's collection program, Cartridges 4 Planet Ark is a vendor program operated in Australia to specifically collect and divert as many cartridges from Australian landfills as possible.
