As of today (2024-04-24), Tejon Ranch Co's share price is $16.90. Tejon Ranch Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $15.53. Hence, Tejon Ranch Co's Price to Tangible Book Ratio of today is 1.09.
The historical rank and industry rank for Tejon Ranch Co's Price-to-Tangible-Book or its related term are showing as below:
TRC'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.02 Med: 1.25 Max: 2.14
Current: 1.09
During the past 13 years, Tejon Ranch Co's highest Price to Tangible Book Ratio was 2.14. The lowest was 1.02. And the median was 1.25.
TRC's Price-to-Tangible-Book is ranked better than 52.41% of 477
companies
in the Conglomerates industry
Industry Median: 1.15
vs TRC: 1.09
A closely related ratio is called PB Ratio. As of today, Tejon Ranch Co's share price is $16.90. Tejon Ranch Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $17.47. Hence, Tejon Ranch Co's P/B Ratio of today is 0.97.
Tejon Ranch Co Price-to-Tangible-Book Historical Data
The historical data trend for Tejon Ranch Co'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.
Tejon Ranch Co Price-to-Tangible-Book Competitive Comparison
For the Conglomerates subindustry, Tejon Ranch Co'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.
Tejon Ranch Co Price-to-Tangible-Book Distribution
For the Conglomerates industry and Industrials sector, Tejon Ranch Co's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Tejon Ranch Co's Price-to-Tangible-Book falls into.
Tejon Ranch Co Price-to-Tangible-Book Calculation
Tejon Ranch Co'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.
Tejon Ranch Co Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Tejon Ranch Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Tejon Ranch Co (Tejon Ranch Co) Business Description
Tejon Ranch Co is a diversified real estate development and agribusiness company committed to responsibly using its land and resources to meet the housing, employment, and lifestyle needs of Californians and create value for its shareholders. It has five segments namely commercial/industrial real estate development, resort/residential real estate development, mineral resources, farming, and ranch operations. The company generates revenue from Real estate—commercial/industrial segment.
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