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Target Hospitality (Target Hospitality) Price-to-Tangible-Book : 4.18 (As of Apr. 26, 2024)


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What is Target Hospitality Price-to-Tangible-Book?

As of today (2024-04-26), Target Hospitality's share price is $11.08. Target Hospitality's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.65. Hence, Target Hospitality's Price to Tangible Book Ratio of today is 4.18.

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

TH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.18   Med: 3.67   Max: 17.94
Current: 4.18

During the past 7 years, Target Hospitality's highest Price to Tangible Book Ratio was 17.94. The lowest was 2.18. And the median was 3.67.

TH's Price-to-Tangible-Book is ranked worse than
71.71% of 866 companies
in the Business Services industry
Industry Median: 2.045 vs TH: 4.18

A closely related ratio is called PB Ratio. As of today, Target Hospitality's share price is $11.08. Target Hospitality's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.71. Hence, Target Hospitality's P/B Ratio of today is 2.99.


Target Hospitality Price-to-Tangible-Book Historical Data

The historical data trend for Target Hospitality'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.

Target Hospitality Price-to-Tangible-Book Chart

Target Hospitality Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 17.94 3.67

Target Hospitality Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 17.94 10.73 7.78 7.12 3.67

Competitive Comparison of Target Hospitality's Price-to-Tangible-Book

For the Specialty Business Services subindustry, Target Hospitality'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.


Target Hospitality's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Target Hospitality's Price-to-Tangible-Book distribution charts can be found below:

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



Target Hospitality Price-to-Tangible-Book Calculation

Target Hospitality's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=11.08/2.649
=4.18

* 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.


Target Hospitality Price-to-Tangible-Book Related Terms

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


Target Hospitality (Target Hospitality) Business Description

Traded in Other Exchanges
N/A
Address
9320 Lakeside Boulevard, Suite 300, The Woodlands, Houston, TX, USA, 77381
Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. Its operating segment includes HFS-South and HFS-Midwest; Government; TCPL Keystone and others. It generates a majority of its revenue from the Government segment which consists primarily of specialty rental and vertically integrated hospitality services revenue from customers with Government contracts located in Texas.
Executives
Eric Kalamaras officer: EVP and CFO ATLAS PIPELINE PARTNERS, GP, 110 W. 7TH, SUITE 2300, TULSA OK 74119
Troy C. Schenk officer: Chief Commercial Officer C/O TARGET HOSPITALITY, 2170 BUCKTHORNE PLACE, SUITE 440, THE WOODLANDS TX 77380
Jason Paul Vlacich officer: Chief Accounting Officer C/O TARGET HOSPITALITY, 2170 BUCKTHORNE PLACE, SUITE 440, THE WOODLANDS TX 77380
Alejandro Hernandez director 12500 BALTIMORE AVENUE, BELTSVILLE MD 20750
James B. Archer director, officer: President and CEO C/O TARGET HOSPITALITY, 2170 BUCKTHORNE PLACE, SUITE 440, THE WOODLANDS TX 77380
Jeffrey Sagansky director 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Pamela H. Patenaude director 26642 TOWNE CENTRE DRIVE, C/O LOANDEPOT, INC., FOOTHILL RANCH CA 92610
Tdr Capital Ii Investments Lp 10 percent owner 20 BENTINCK STREET, LONDON X0 W1U 2EU
Manjit Dale 10 percent owner C/O TDR CAPITAL LLP, 20 BENTINCK STREET, LONDON X0 W1U 2EU
Capital Llp Tdr 10 percent owner 20 BENTINCK STREET, LONDON X0 W1U 2EU
Stephen Robertson director, 10 percent owner 20 BENTINCK STREET, LONDON X0 W1U 2EU
Arrow Holdings S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT, LUXEMBOURG N4 L-2453
Modulaire Holding S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT, LUXEMBOURG CITY N4 L-2453
Mfa Global S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT, LUXEMBOURG CITY N4 L-2453
Mfa Limited Partnership Slp 10 percent owner 20 RUE EUGENE RUPPERT, LUXEMBOURG CITY N4 L-2453