Tennant Co (Tennant Co) Price-to-Tangible-Book

: 6.60 (As of Today)

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As of today (2024-04-18), Tennant Co's share price is $115.66. Tennant Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $17.52. Hence, Tennant Co's Price to Tangible Book Ratio of today is 6.60.

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

TNC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.3 Med: 5.38 Max: 52.72
Current: 6.6

During the past 13 years, Tennant Co's highest Price to Tangible Book Ratio was 52.72. The lowest was 4.30. And the median was 5.38.

TNC's Price-to-Tangible-Book is ranked worse than
86.89% of 2822 companies
in the Industrial Products industry
Industry Median: 2.04 vs TNC: 6.60

A closely related ratio is called PB Ratio. As of today, Tennant Co's share price is $115.66. Tennant Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $30.97. Hence, Tennant Co's P/B Ratio of today is 3.73.

Tennant Co Price-to-Tangible-Book Historical Data

The historical data trend for Tennant Co'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.

Tennant Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

52.72

18.34

10.53

5.37

5.29

Tennant Co 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																5.37	5.44	5.67	4.63	5.29

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Tennant Co'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.

Tennant Co Price-to-Tangible-Book Distribution

For the Industrial Products industry and Industrials sector, Tennant Co's Price-to-Tangible-Book distribution charts can be found below:

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

Tennant Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	115.66	/	17.524
	=	6.60

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.

Tennant Co Price-to-Tangible-Book Related Terms

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

Tennant Co (Tennant Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tennant Co (NYSE:TNC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TN1:Germany

Address

10400 Clean Street, Eden Prairie, MN, USA, 55344

Website

https://www.tennantco.com

Tennant Co is a manufacturer of floor cleaning equipment, wood flooring, and wood products. It operates in four geographic business units including North America; Latin America; Europe, Middle East, Africa; and Asia Pacific. The company offers products and solutions consisting of mechanized cleaning equipment, detergent-free, and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions.

Executives

Kristin A. Stokes	officer: Interim General Counsel	701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Donal L Mulligan	director	ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
Steven Alan Sonnenberg	director	EMERSON PROCESS MANAGEMENT - ROSEMOUNT, 8200 MARKET BOULEVARD, CHANHASSEN MN 55317
David W. Huml	officer: Sr. VP, Global Marketing	701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Richard H. Zay	officer: Senior VP, The Americas	701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Carol E. Mcknight	officer: Senior VP and CAO	701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Azita Arvani	director	1522 LOMA DRIVE, HERMOSA BEACH CA 90254
Carol S Eicher	director	ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Andrew P. Hider	director	10400 CLEAN STREET, EDEN PRARIE MN 55344
Chris Killingstad	director, officer: President and CEO	C/O TENNANT COMPANY, 701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Fay West	officer: Senior VP, CFO	1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Barb Balinski	officer: SVP, Innovation & Technology	10400 CLEAN STREET, EDEN PRAIRIE MN 55344
Timothy R. Morse	director	C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
David S Wichmann	director	BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752
Daniel E. Glusick	officer: SVP, Operations	10400 CLEAN STREET, EDEN PRAIRIE MN 55344-2650