TAT Technologies (TAT Technologies) Price-to-Tangible-Book : 1.43 (As of May. 12, 2024)

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What is TAT Technologies Price-to-Tangible-Book?

As of today (2024-05-12), TAT Technologies's share price is $12.5376. TAT Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.80. Hence, TAT Technologies's Price to Tangible Book Ratio of today is 1.43.

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

TATT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.43 Med: 0.68 Max: 1.43
Current: 1.43

During the past 13 years, TAT Technologies's highest Price to Tangible Book Ratio was 1.43. The lowest was 0.43. And the median was 0.68.

TATT's Price-to-Tangible-Book is ranked better than
80.62% of 258 companies
in the Aerospace & Defense industry
Industry Median: 3.16 vs TATT: 1.43

A closely related ratio is called PB Ratio. As of today, TAT Technologies's share price is $12.5376. TAT Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $8.98. Hence, TAT Technologies's P/B Ratio of today is 1.40.

TAT Technologies Price-to-Tangible-Book Historical Data

The historical data trend for TAT Technologies'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.

TAT Technologies Price-to-Tangible-Book Chart

TAT Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.53

0.51

0.75

0.64

1.15

TAT Technologies 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															0.64	0.74	0.87	0.98	1.15

Competitive Comparison of TAT Technologies's Price-to-Tangible-Book

For the Aerospace & Defense subindustry, TAT Technologies'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.

TAT Technologies's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where TAT Technologies's Price-to-Tangible-Book falls into.

TAT Technologies Price-to-Tangible-Book Calculation

TAT Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	12.5376	/	8.796
	=	1.43

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.

TAT Technologies Price-to-Tangible-Book Related Terms

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

TAT Technologies (TAT Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » TAT Technologies Ltd (NAS:TATT) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

TATT:Israel

Address

Hamelacha 5, Netanya, ISR, 4250540

Website

https://www.tat-technologies.com

TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company design, develop and manufacture Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications) and flow accessories.