Tandem Group (LSE:TND) Price-to-Tangible-Book : 0.60 (As of Apr. 24, 2024)

View and export this data going back to 1993. Start your Free Trial

Tandem Group Price-to-Tangible-Book Definition

As of today (2024-04-24), Tandem Group's share price is £2.02. Tandem Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £3.34. Hence, Tandem Group's Price to Tangible Book Ratio of today is 0.60.

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

LSE:TND' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.43 Med: 1.39 Max: 3.92
Current: 0.6

During the past 13 years, Tandem Group's highest Price to Tangible Book Ratio was 3.92. The lowest was 0.43. And the median was 1.39.

LSE:TND's Price-to-Tangible-Book is ranked better than
82.08% of 664 companies
in the Travel & Leisure industry
Industry Median: 1.885 vs LSE:TND: 0.60

A closely related ratio is called PB Ratio. As of today, Tandem Group's share price is £2.02. Tandem Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was £4.35. Hence, Tandem Group's P/B Ratio of today is 0.46.

Tandem Group Price-to-Tangible-Book Historical Data

The historical data trend for Tandem 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.

Tandem Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.03

2.34

1.74

0.66

0.43

Tandem Group 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															1.74	0.72	0.66	0.58	0.43

Competitive Comparison

For the Leisure subindustry, Tandem 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.

Tandem Group Price-to-Tangible-Book Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Tandem Group's Price-to-Tangible-Book distribution charts can be found below:

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

Tandem Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.02	/	3.341
	=	0.60

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.

Tandem Group Price-to-Tangible-Book Related Terms

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

Tandem Group (LSE:TND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tandem Group PLC (LSE:TND) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Tameside Drive, Castle Bromwich, Birmingham, GBR, B35 7AG

Website

https://www.tandemgroupplc.co.uk

Tandem Group PLC is a designer, developer, distributor, and retailer of sports, leisure, and mobility products. Its Products include bicycles and accessories, football training equipment, garden and camping, homewares and household appliances, mobility, outdoor play, snooker, pool and table sports, wheeled toys, and golf equipment which are sold under various brands including Boss, Exile, Scorpion, Carpzone, Kickmaster, Windbar, Airwave, Disney, Shopkins, and Trolls. It has four segments Toys, Sports & Leisure, eMobility, Bicycles, Home & Garden, and the majority of the revenue comes from Toys, Sports & Leisure.

Tandem Group (LSE:TND) Headlines

No Headlines