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Tel Instrument Electronics (Tel Instrument Electronics) Price-to-Tangible-Book : 13.24 (As of Apr. 25, 2024)


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What is Tel Instrument Electronics Price-to-Tangible-Book?

As of today (2024-04-25), Tel Instrument Electronics's share price is $1.80. Tel Instrument Electronics's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.14. Hence, Tel Instrument Electronics's Price to Tangible Book Ratio of today is 13.24.

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

TIKK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.36   Med: 6.29   Max: 152.73
Current: 12.86

During the past 13 years, Tel Instrument Electronics's highest Price to Tangible Book Ratio was 152.73. The lowest was 2.36. And the median was 6.29.

TIKK's Price-to-Tangible-Book is ranked worse than
88.08% of 260 companies
in the Aerospace & Defense industry
Industry Median: 3.17 vs TIKK: 12.86

A closely related ratio is called PB Ratio. As of today, Tel Instrument Electronics's share price is $1.80. Tel Instrument Electronics's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.14. Hence, Tel Instrument Electronics's P/B Ratio of today is 13.24.


Tel Instrument Electronics Price-to-Tangible-Book Historical Data

The historical data trend for Tel Instrument Electronics'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.

Tel Instrument Electronics Price-to-Tangible-Book Chart

Tel Instrument Electronics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 152.73 30.43 7.29 10.47

Tel Instrument Electronics 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.46 10.47 7.27 16.26 13.24

Competitive Comparison of Tel Instrument Electronics's Price-to-Tangible-Book

For the Aerospace & Defense subindustry, Tel Instrument Electronics'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.


Tel Instrument Electronics's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Tel Instrument Electronics's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tel Instrument Electronics's Price-to-Tangible-Book falls into.



Tel Instrument Electronics Price-to-Tangible-Book Calculation

Tel Instrument Electronics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.80/0.136
=13.24

* 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.

It can also be calculated from the numbers for the whole company:

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.


Tel Instrument Electronics Price-to-Tangible-Book Related Terms

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


Tel Instrument Electronics (Tel Instrument Electronics) Business Description

Traded in Other Exchanges
N/A
Address
One Branca Road, East Rutherford, NJ, USA, 07073
Tel Instrument Electronics Corp is a designer and manufacturer of avionics test and measurement solutions for the global commercial air transport, general aviation, and government, military aerospace, and defense markets. It designs, manufactures and sells instruments to test and measure, and calibrates and repairs airborne navigation and communication equipment. The company's reportable segments are Avionics government and Avionics commercial. The avionics government segment consists of the design, manufacture, and sale of test equipment to the U.S. and foreign governments and militaries. The Avionics commercial segment consists of design, manufacture, and sale of test equipment to domestic and foreign airlines. It generates a majority of its revenue from the Avionics Government segment.
Executives
Dowling Vincent J. Jr 10 percent owner 54 LEDYARD, WEST HARTFORD CT 06117
Robert A Rice director 728 GARDEN ST, CARLSTADT NJ 07072
Joseph P Macaluso 10 percent owner, officer: Principal Accounting Officer
Stephen A Fletcher director, 10 percent owner ONE BRANCA RD, EAST RUTHERFORD NJ 07073-2121
Sadie Elizabeth Fletcher 10 percent owner ONE BRANCA RD, EAST RUTHERFORD NJ 07073-2121
Michael Wolfgang Schirmer officer: Chief Operating Officer ONE BRANCA ROAD, EAST RUTHERFORD NJ 07073
Jeff C Ohara director ONE BRANCA RD, EAST RUTHERFORD NJ 07073
George J Leon director, 10 percent owner
Chris H Allen officer: VP of Operations ONE BRANCA RD, EAST RUTHERFORD NJ 07073
Harold K Fletcher director, 10 percent owner, officer: CEO
Marc A Mastrangelo officer: Vice President-Manufacturing 728 GARDEN ST, CARLSTADT NJ 07072
Adam Rachlin officer: Vice President 728 GARDEN ST, CARLSTADT NJ 07072
Charles R Palanzo officer: COO 728 GARDEN STREET, CARLSTADT NJ 07072
Robert H Walker director C/O ROBOTIC VISION SYSTEMS INC, 486 AMHERST STREET, NASHUA NH 03063
Robert J Melnick director, officer: Vice President

Tel Instrument Electronics (Tel Instrument Electronics) Headlines