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Tubos Reunidos (XMAD:TRG) Price-to-Tangible-Book : 80.00 (As of May. 13, 2024)


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What is Tubos Reunidos Price-to-Tangible-Book?

As of today (2024-05-13), Tubos Reunidos's share price is €0.72. Tubos Reunidos's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.01. Hence, Tubos Reunidos's Price to Tangible Book Ratio of today is 80.00.

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

XMAD:TRG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.24   Med: 0.92   Max: 80
Current: 72

During the past 13 years, Tubos Reunidos's highest Price to Tangible Book Ratio was 80.00. The lowest was 0.24. And the median was 0.92.

XMAD:TRG's Price-to-Tangible-Book is ranked worse than
99.5% of 602 companies
in the Steel industry
Industry Median: 1.04 vs XMAD:TRG: 72.00

A closely related ratio is called PB Ratio. As of today, Tubos Reunidos's share price is €0.72. Tubos Reunidos's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.02. Hence, Tubos Reunidos's P/B Ratio of today is 34.29.


Tubos Reunidos Price-to-Tangible-Book Historical Data

The historical data trend for Tubos Reunidos'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.

Tubos Reunidos Price-to-Tangible-Book Chart

Tubos Reunidos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 - - - 71.67

Tubos Reunidos 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 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 - - - - 71.67

Competitive Comparison of Tubos Reunidos's Price-to-Tangible-Book

For the Steel subindustry, Tubos Reunidos'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.


Tubos Reunidos's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tubos Reunidos's Price-to-Tangible-Book distribution charts can be found below:

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



Tubos Reunidos Price-to-Tangible-Book Calculation

Tubos Reunidos's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.72/0.009
=80.00

* 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.


Tubos Reunidos Price-to-Tangible-Book Related Terms

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


Tubos Reunidos (XMAD:TRG) Business Description

Traded in Other Exchanges
Address
Barrio de Sagarribai, 2, Amurrio, Alava, ESP, 01470
Tubos Reunidos SA is a holding company. The company operates in the areas of the seamless tube, distribution, automotive and other sectors. Its products are essentially required by the energy sector; Oil and Gas, electrical power generation and petrochemical industry, as well as by machinery and special industrial applications. The product portfolio includes tubes manufactured in carbon, alloyed, high allowed and stainless, steels.

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