TAAT Global Alternatives (TAAT Global Alternatives) Price-to-Tangible-Book : 2.37 (As of May. 15, 2024)

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What is TAAT Global Alternatives Price-to-Tangible-Book?

As of today (2024-05-15), TAAT Global Alternatives's share price is $0.14. TAAT Global Alternatives's Tangible Book per Share of Jul. 2023 for the quarter that ended in Jul. 2023 was $0.06. Hence, TAAT Global Alternatives's Price to Tangible Book Ratio of today is 2.37.

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

TOBAF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.22 Med: 4.21 Max: 410
Current: 3.5

During the past 13 years, TAAT Global Alternatives's highest Price to Tangible Book Ratio was 410.00. The lowest was 0.22. And the median was 4.21.

TOBAF's Price-to-Tangible-Book is ranked worse than
69.44% of 36 companies
in the Tobacco Products industry
Industry Median: 3.565 vs TOBAF: 3.50

A closely related ratio is called PB Ratio. As of today, TAAT Global Alternatives's share price is $0.14. TAAT Global Alternatives's Book Value per Sharefor the quarter that ended in Jul. 2023 was $0.19. Hence, TAAT Global Alternatives's P/B Ratio of today is 0.74.

TAAT Global Alternatives Price-to-Tangible-Book Historical Data

The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives Price-to-Tangible-Book Chart

TAAT Global Alternatives Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Price-to-Tangible-Book

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17.40

24.11

10.51

TAAT Global Alternatives Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Price-to-Tangible-Book	Get a 7-Day Free Trial															12.40	10.51	11.30	4.62	18.02

Competitive Comparison of TAAT Global Alternatives's Price-to-Tangible-Book

For the Tobacco subindustry, TAAT Global Alternatives'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.

TAAT Global Alternatives's Price-to-Tangible-Book Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, TAAT Global Alternatives's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where TAAT Global Alternatives's Price-to-Tangible-Book falls into.

TAAT Global Alternatives Price-to-Tangible-Book Calculation

TAAT Global Alternatives's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jul. 2023 )
	=	0.14	/	0.059
	=	2.37

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.

TAAT Global Alternatives Price-to-Tangible-Book Related Terms

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

TAAT Global Alternatives (TAAT Global Alternatives) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » TAAT Global Alternatives Inc (OTCPK:TOBAF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

2TP0:Germany TAAT:Canada

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C1H2

Website

https://www.taatglobal.com

TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. The company generates the majority of its revenue from the tobacco products segment.