As of today (2024-04-23), Trinity Industries's share price is $26.43. Trinity Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $9.97. Hence, Trinity Industries's Price to Tangible Book Ratio of today is 2.65.
The historical rank and industry rank for Trinity Industries's Price-to-Tangible-Book or its related term are showing as below:
TRN'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91 Med: 1.44 Max: 2.94
Current: 2.65
During the past 13 years, Trinity Industries's highest Price to Tangible Book Ratio was 2.94. The lowest was 0.91. And the median was 1.44.
TRN's Price-to-Tangible-Book is ranked worse than 73.41% of 880
companies
in the Transportation industry
Industry Median: 1.385
vs TRN: 2.65
A closely related ratio is called PB Ratio. As of today, Trinity Industries's share price is $26.43. Trinity Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was $12.68. Hence, Trinity Industries's P/B Ratio of today is 2.08.
Trinity Industries Price-to-Tangible-Book Historical Data
The historical data trend for Trinity Industries'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.
Trinity Industries Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
1.46
1.84
2.87
2.94
2.67
Trinity Industries 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
2.94
2.56
2.72
2.56
2.67
Competitive Comparison
For the Railroads subindustry, Trinity Industries'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.
Trinity Industries Price-to-Tangible-Book Distribution
For the Transportation industry and Industrials sector, Trinity Industries's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Trinity Industries's Price-to-Tangible-Book falls into.
* 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.
Trinity Industries Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Trinity Industries's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Trinity Industries (Trinity Industries) Business Description
Trinity Industries Inc. sells and leases railroad products and railcar maintenance services in North America. The company operates under the name TrinityRail in three main segments: railcar leasing and management services, which owns railcars and provides fleet management and administration services; rail products, which builds, sells, and modifies freight and tank railcars and their components; and all other, which sells highway products such as guardrail and other highway barriers. Customers include railroads, leasing companies, and shipping companies in the industries of agriculture, construction, consumer products, energy, and chemicals.
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