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Surge Components (Surge Components) Price-to-Tangible-Book : 0.82 (As of Apr. 26, 2024)


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What is Surge Components Price-to-Tangible-Book?

As of today (2024-04-26), Surge Components's share price is $2.72. Surge Components's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $3.32. Hence, Surge Components's Price to Tangible Book Ratio of today is 0.82.

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

SPRS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.63   Med: 0.98   Max: 1.97
Current: 0.82

During the past 13 years, Surge Components's highest Price to Tangible Book Ratio was 1.97. The lowest was 0.63. And the median was 0.98.

SPRS's Price-to-Tangible-Book is ranked better than
83.77% of 2304 companies
in the Hardware industry
Industry Median: 2.01 vs SPRS: 0.82

A closely related ratio is called PB Ratio. As of today, Surge Components's share price is $2.72. Surge Components's Book Value per Sharefor the quarter that ended in Feb. 2024 was $3.32. Hence, Surge Components's P/B Ratio of today is 0.82.


Surge Components Price-to-Tangible-Book Historical Data

The historical data trend for Surge Components'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.

Surge Components Price-to-Tangible-Book Chart

Surge Components Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.14 1.52 1.01 0.77

Surge Components Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.07 1.04 0.96 0.77 0.84

Competitive Comparison of Surge Components's Price-to-Tangible-Book

For the Electronics & Computer Distribution subindustry, Surge Components'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.


Surge Components's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Surge Components's Price-to-Tangible-Book distribution charts can be found below:

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



Surge Components Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=2.72/3.324
=0.82

* 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.


Surge Components Price-to-Tangible-Book Related Terms

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


Surge Components (Surge Components) Business Description

Traded in Other Exchanges
N/A
Address
95 East Jefryn Boulevard, Deer Park, New York, NY, USA, 11729
Surge Components Inc is a supplier of electronic products and components. The company's products include capacitors, which are electrical energy storage devices, and discrete components, such as rectifiers, transistors, and diodes. Its marketed products are utilized in the electronic circuitry of products, comprising of automobiles, telecom, audio, cellular telephones, computers, consumer electronics, garage door openers, household appliances, power supplies and security equipment. In addition, the company's products are also sold to original equipment manufacturers and distributors.
Executives
Peter Levy director C/O ATLAS THERAPEUTICS CORPORATION, 4640 ADMIRALTY WAY, SUITE 500, MARINA DEL REY CA 90292
Michael D Tofias 10 percent owner 325 NORTH END AVENUE, APT. 25B, NEW YORK NY 10282
Steven J Lubman director, officer: VP, Secretary, Director 1016 GRAND BLVD, DEER PARK NY 11729
Martin Novick director
Alan Plafker director 24 SYLVIA ROAD, PLAINVIEW NY 11803
Gary Mark Jacobs director 15 HOOVER STREET, INWOOD NY 11096
Lawrence Chariton director 30 ROCKAWAY PLACE, MASSAPEQUA NY 11758
Ira Levy director, officer: Chief Executive Officer
David Siegel director 95 EAST JEFRYN BOULEVARD, DEER PARK NY 11729

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