Cintas Corporation

NASDAQ CTAS

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Cintas Corporation Price to Book Ratio (P/B) on June 03, 2024: 16.16

Cintas Corporation Price to Book Ratio (P/B) is 16.16 on June 03, 2024, a 26.81% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.

Cintas Corporation 52-week high Price to Book Ratio (P/B) is 16.83 on May 22, 2024, which is 4.11% above the current Price to Book Ratio (P/B).
Cintas Corporation 52-week low Price to Book Ratio (P/B) is 11.97 on September 26, 2023, which is -25.97% below the current Price to Book Ratio (P/B).
Cintas Corporation average Price to Book Ratio (P/B) for the last 52 weeks is 14.22.

NASDAQ: CTAS

Cintas Corporation

CEO	Mr. Scott D. Farmer
IPO Date	Aug. 19, 1983
Location	United States
Headquarters	6800 Cintas Boulevard, Cincinnati, OH, United States, 45262-5737
Employees	44,500
Sector	Industrials
Industry	Specialty business services

Description

Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.

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