The historical rank and industry rank for Tel Instrument Electronics's PB Ratio or its related term are showing as below:
TIKK'
s PB Ratio Range Over the Past 10 Years
Min: 2.06 Med: 5.41 Max: 154.55
Current: 14.56
During the past 13 years, Tel Instrument Electronics's highest PB Ratio was 154.55. The lowest was 2.06. And the median was 5.41.
TIKK's PB Ratio is ranked worse than 95.47% of 287
companies
in the Aerospace & Defense industry
Industry Median: 2.6
vs TIKK: 14.56
During the past 12 months, Tel Instrument Electronics's average Book Value Per Share Growth Rate was -47.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 113.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tel Instrument Electronics was 113.80% per year. The lowest was -15.30% per year. And the median was -2.55% per year.
Back to Basics: PB Ratio
Tel Instrument Electronics PB Ratio Historical Data
* 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.
Competitive Comparison of Tel Instrument Electronics's PB Ratio
For the Aerospace & Defense subindustry, Tel Instrument Electronics'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.
Tel Instrument Electronics's PB Ratio Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Tel Instrument Electronics's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tel Instrument Electronics's PB Ratio falls into.
Tel Instrument Electronics 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.
* 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 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.
Tel Instrument Electronics (OTCPK:TIKK) PB Ratio Explanation
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.
Tel Instrument Electronics PB Ratio Related Terms
Thank you for viewing the detailed overview of Tel Instrument Electronics's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Tel Instrument Electronics (Tel Instrument Electronics) Business Description
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.
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