As of today (2024-04-24), TSR's share price is $7.53. TSR's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $7.23. Hence, TSR's Price to Tangible Book Ratio of today is 1.04.
The historical rank and industry rank for TSR's Price-to-Tangible-Book or its related term are showing as below:
TSRI'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.68 Med: 1.25 Max: 7
Current: 1.04
During the past 13 years, TSR's highest Price to Tangible Book Ratio was 7.00. The lowest was 0.68. And the median was 1.25.
TSRI's Price-to-Tangible-Book is ranked better than 90.76% of 2089
companies
in the Software industry
Industry Median: 3.59
vs TSRI: 1.04
A closely related ratio is called PB Ratio. As of today, TSR's share price is $7.53. TSR's Book Value per Sharefor the quarter that ended in Feb. 2024 was $8.16. Hence, TSR's P/B Ratio of today is 0.92.
TSR Price-to-Tangible-Book Historical Data
The historical data trend for TSR'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.
For the Software - Application subindustry, TSR'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.
TSR Price-to-Tangible-Book Distribution
For the Software industry and Technology sector, TSR's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where TSR's Price-to-Tangible-Book falls into.
TSR Price-to-Tangible-Book Calculation
TSR's price-to-tangible-book ratio for today is calculated as:
* 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.
TSR Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of TSR's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
TSR Inc is primarily engaged in the business of providing contract computer programming services to its customers. The company offers technical computer personnel to supplement its in-house information technology capabilities. It also gives staffing capabilities in the areas of mainframe and mid-range computer operations, personal computers and client-server support, internet and e-commerce operations, voice and data communications and helps desk support. Additionally, the company renders services on day-to-day operations, special projects, and on a short-term or long-term basis. It caters to various industries such as insurance, pharmaceutical and biotechnology, publishing and new media, financial services and project utilities.
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