TT Electronics (LSE:TTG) Price-to-Tangible-Book : 2.95 (As of May. 27, 2024)

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What is TT Electronics Price-to-Tangible-Book?

As of today (2024-05-27), TT Electronics's share price is £1.615. TT Electronics's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.55. Hence, TT Electronics's Price to Tangible Book Ratio of today is 2.95.

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

LSE:TTG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.68 Med: 3.62 Max: 5.22
Current: 2.94

During the past 13 years, TT Electronics's highest Price to Tangible Book Ratio was 5.22. The lowest was 1.68. And the median was 3.62.

LSE:TTG's Price-to-Tangible-Book is ranked worse than
67.58% of 2298 companies
in the Hardware industry
Industry Median: 2.06 vs LSE:TTG: 2.94

A closely related ratio is called PB Ratio. As of today, TT Electronics's share price is £1.615. TT Electronics's Book Value per Sharefor the quarter that ended in Dec. 2023 was £1.53. Hence, TT Electronics's P/B Ratio of today is 1.06.

TT Electronics Price-to-Tangible-Book Historical Data

The historical data trend for TT Electronics'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.

TT Electronics Price-to-Tangible-Book Chart

TT Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.22

4.30

3.76

3.48

2.85

TT Electronics Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.76	2.39	3.48	3.18	2.85

Competitive Comparison of TT Electronics's Price-to-Tangible-Book

For the Electronic Components subindustry, TT Electronics'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.

TT Electronics's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TT Electronics's Price-to-Tangible-Book distribution charts can be found below:

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

TT Electronics Price-to-Tangible-Book Calculation

TT Electronics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.615	/	0.548
	=	2.95

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

TT Electronics Price-to-Tangible-Book Related Terms

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

TT Electronics (LSE:TTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TT Electronics PLC (LSE:TTG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TTGPF:USA TTGl:UK 7TT:Germany

Address

West Street, Fourth Floor, St Andrews House, Woking, Surrey, GBR, GU21 6EB

Website

https://www.ttelectronics.com

TT Electronics PLC provides engineered electronics for performance-critical applications across Healthcare, Aerospace and Defense, Automation and electrification, and Distribution markets. It operates in three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components. Its products consist of connectors, optoelectronics, resistors, semiconductors, and electromagnetics, among others. Some of its brands are AB Connectors, Aero Stanrew, Power Partners, Semelab, Welwyn Components, and Precision. The geographical segments are the United Kingdom, the Rest of Europe, North America, Asia, and the Rest of the World. It generates maximum revenue from Global Manufacturing Solutions, which provides manufacturing services and engineering solutions.

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