As of today (2024-04-25), Transcat's share price is $109.84. Transcat's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $10.34. Hence, Transcat's Price to Tangible Book Ratio of today is 10.62.
The historical rank and industry rank for Transcat's Price-to-Tangible-Book or its related term are showing as below:
TRNS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.26 Med: 10.85 Max: 99.06
Current: 10.62
During the past 13 years, Transcat's highest Price to Tangible Book Ratio was 99.06. The lowest was 6.26. And the median was 10.85.
TRNS's Price-to-Tangible-Book is ranked worse than 91.85% of 135
companies
in the Industrial Distribution industry
Industry Median: 1.32
vs TRNS: 10.62
A closely related ratio is called PB Ratio. As of today, Transcat's share price is $109.84. Transcat's Book Value per Sharefor the quarter that ended in Dec. 2023 was $24.75. Hence, Transcat's P/B Ratio of today is 4.44.
Transcat Price-to-Tangible-Book Historical Data
The historical data trend for Transcat'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.
Competitive Comparison of Transcat's Price-to-Tangible-Book
For the Industrial Distribution subindustry, Transcat'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.
Transcat's Price-to-Tangible-Book Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Transcat's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Transcat's Price-to-Tangible-Book falls into.
Transcat Price-to-Tangible-Book Calculation
Transcat's price-to-tangible-book ratio for today is calculated as:
* 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.
Transcat Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Transcat's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Transcat Inc is involved in providing calibration and laboratory instrument services and distribution of test, measurement, and control instrumentation. Its product and services portfolio consists of calibration instruments, dimensional measuring tools, Electrical test instruments, pressure measurement, etc. The firm has Service and Distribution operating segments. It derives the majority of its revenues from the Service segment. The firm promotes and sells its products under brand names such as Estech, FLIR, Fluke, Keysight, and Megger among others. It serves to pharmaceutical, industrial manufacturing, energy, and chemical process industries.
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