Tan Delta Systems (FRA:TB4) PB Ratio : 1.83 (As of May. 29, 2024)

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What is Tan Delta Systems PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-29), Tan Delta Systems's share price is €0.143. Tan Delta Systems's Book Value per Share for the quarter that ended in Dec. 2023 was €0.08. Hence, Tan Delta Systems's PB Ratio of today is 1.83.

Good Sign:

Tan Delta Systems plc stock PB Ratio (=1.98) is close to 1-year low of 1.98

The historical rank and industry rank for Tan Delta Systems's PB Ratio or its related term are showing as below:

FRA:TB4' s PB Ratio Range Over the Past 10 Years
Min: 1.98 Med: 3.21 Max: 41.43
Current: 1.98

During the past 4 years, Tan Delta Systems's highest PB Ratio was 41.43. The lowest was 1.98. And the median was 3.21.

FRA:TB4's PB Ratio is ranked worse than
71.26% of 988 companies
in the Oil & Gas industry
Industry Median: 1.265 vs FRA:TB4: 1.98

During the past 12 months, Tan Delta Systems's average Book Value Per Share Growth Rate was 857.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 181.60% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Tan Delta Systems was 181.60% per year. The lowest was 181.60% per year. And the median was 181.60% per year.

Back to Basics: PB Ratio

Tan Delta Systems PB Ratio Historical Data

The historical data trend for Tan Delta Systems's PB Ratio 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.

Tan Delta Systems PB Ratio Chart

Tan Delta Systems Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

PB Ratio

Tan Delta Systems Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Tan Delta Systems's PB Ratio

For the Oil & Gas Equipment & Services subindustry, Tan Delta Systems's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Tan Delta Systems's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tan Delta Systems's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tan Delta Systems's PB Ratio falls into.

Tan Delta Systems PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Tan Delta Systems's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.143	/	0.078
	=	1.83

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Tan Delta Systems (FRA:TB4) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Tan Delta Systems PB Ratio Related Terms

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Tan Delta Systems (FRA:TB4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tan Delta Systems plc (FRA:TB4) » Definitions » PB Ratio

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Traded in Other Exchanges

TAND:UK

Address

Church Lane, 1 Carrera Court, Dinnington, Sheffield, GBR, S25 2RG

Website

https://www.tandeltasystems.com

Tan Delta Systems plc develops advanced real-time oil analysis and analytic technologies and products with unique capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. The company operates on a global scale with customers ranging from the largest engine manufacturers to small single equipment operators, from North America and Australia to Chile, India, Russia and Finland. Its products include Sensors, Kits, Display solutions, Gateways & modems and Accessories & services.

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