GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fortitude Group Inc (OTCPK:FRTD) » Definitions » Price-to-Tangible-Book

Fortitude Group (Fortitude Group) Price-to-Tangible-Book : (As of May. 17, 2024)


View and export this data going back to . Start your Free Trial

What is Fortitude Group Price-to-Tangible-Book?

As of today (2024-05-17), Fortitude Group's share price is $1.0E-5. Fortitude Group's Tangible Book per Share of Sep. 2010 for the quarter that ended in Sep. 2010 was $-0.06. Hence, Fortitude Group's Price to Tangible Book Ratio of today is .

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

FRTD's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.96
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Fortitude Group's share price is $1.0E-5. Fortitude Group's Book Value per Sharefor the quarter that ended in Sep. 2010 was $-0.05. Hence, Fortitude Group's P/B Ratio of today is .


Fortitude Group Price-to-Tangible-Book Historical Data

The historical data trend for Fortitude Group'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.

Fortitude Group Price-to-Tangible-Book Chart

Fortitude Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Fortitude Group Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Fortitude Group's Price-to-Tangible-Book

For the Asset Management subindustry, Fortitude Group'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.


Fortitude Group's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fortitude Group's Price-to-Tangible-Book distribution charts can be found below:

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



Fortitude Group Price-to-Tangible-Book Calculation

Fortitude Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2010 )
=1.0E-5/-0.057
=

* 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.


Fortitude Group Price-to-Tangible-Book Related Terms

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


Fortitude Group (Fortitude Group) Business Description

Traded in Other Exchanges
N/A
Address
1001 State Street, Erie, PA, USA, 16501
Fortitude Group Inc is a diversified investment company. It invests in multiple sectors of the economy targeting joint ventures, wholly owned subsidiaries and or majority/minority positions that cross various market segments with the goal of creating a quality company that builds intrinsic value for its shareholders.

Fortitude Group (Fortitude Group) Headlines

No Headlines