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Tantech Holdings (Tantech Holdings) Price-to-Tangible-Book : 0.02 (As of Apr. 26, 2024)


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What is Tantech Holdings Price-to-Tangible-Book?

As of today (2024-04-26), Tantech Holdings's share price is $0.56. Tantech Holdings's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $34.79. Hence, Tantech Holdings's Price to Tangible Book Ratio of today is 0.02.

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

TANH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.02   Med: 0.63   Max: 6
Current: 0.02

During the past 11 years, Tantech Holdings's highest Price to Tangible Book Ratio was 6.00. The lowest was 0.02. And the median was 0.63.

TANH's Price-to-Tangible-Book is ranked better than
99.88% of 1701 companies
in the Consumer Packaged Goods industry
Industry Median: 1.68 vs TANH: 0.02

A closely related ratio is called PB Ratio. As of today, Tantech Holdings's share price is $0.56. Tantech Holdings's Book Value per Sharefor the quarter that ended in Jun. 2023 was $34.84. Hence, Tantech Holdings's P/B Ratio of today is 0.02.


Tantech Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Tantech Holdings'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.

Tantech Holdings Price-to-Tangible-Book Chart

Tantech Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.68 0.50 0.26 0.02

Tantech Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.52 0.26 0.07 0.02 0.08

Competitive Comparison of Tantech Holdings's Price-to-Tangible-Book

For the Household & Personal Products subindustry, Tantech Holdings'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.


Tantech Holdings's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tantech Holdings's Price-to-Tangible-Book distribution charts can be found below:

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



Tantech Holdings Price-to-Tangible-Book Calculation

Tantech Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=0.56/34.794
=0.02

* 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.


Tantech Holdings Price-to-Tangible-Book Related Terms

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


Tantech Holdings (Tantech Holdings) Business Description

Traded in Other Exchanges
N/A
Address
c/o Tantech Holdings (Lishui) Co., Ltd, No. 10 Cen Shan Road, Shuige Industrial Zone, Zhejiang Province, Lishui, CHN, 323000
Tantech Holdings Ltd manufactures bamboo charcoal-based products. The company through its subsidiaries is engaged in the production and distribution of household products along with a trading business which involves the export of charcoal products. It also manufactures electric double-layer capacitors carbon materials and low-emission barbecue charcoal. Its product portfolio includes air purifiers and humidifiers, underfloor humidity control, pillows and mattresses, wardrobe deodorizers, mousepads, and wrist mats, refrigerator deodorant, and charcoal toilet cleaner disks. The company has three reportable segments; the Consumer Product segment, the Electric Vehicle (EV) segment, and the Biodegradable Packaging segment.