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# Price-to-Tangible-Book

: (As of Today)
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As of today (2020-02-20), 's share price is \$. 's Tangible Book per Share of . 20 for the quarter that ended in . 20 was \$0.00. Hence, 's Price to Tangible Book Ratio of today is .

A closely related ratio is called PB Ratio. As of today, 's share price is \$. 's Book Value per Sharefor the quarter that ended in . 20 was \$0.00. Hence, 's P/B Ratio of today is .

## Price-to-Tangible-Book Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

 Annual Data Price-to-Tangible-Book

 Semi-Annual Data Price-to-Tangible-Book

## Price-to-Tangible-Book Calculation

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

 Price to Tangible Book = Share Price / Tangible Book per Share (Q: . 20 ) = / =

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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.

## Price-to-Tangible-Book Related Terms

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