Telstra Group (Telstra Group) Price-to-Tangible-Book

: 11.71 (As of Today)

View and export this data going back to 1998. Start your Free Trial

As of today (2024-04-23), Telstra Group's share price is $11.945. Telstra Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.02. Hence, Telstra Group's Price to Tangible Book Ratio of today is 11.71.

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

TLGPY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.8 Med: 8.53 Max: 15.74
Current: 12.07

During the past 13 years, Telstra Group's highest Price to Tangible Book Ratio was 15.74. The lowest was 4.80. And the median was 8.53.

TLGPY's Price-to-Tangible-Book is ranked worse than
90.71% of 280 companies
in the Telecommunication Services industry
Industry Median: 2.555 vs TLGPY: 12.07

A closely related ratio is called PB Ratio. As of today, Telstra Group's share price is $11.945. Telstra Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.43. Hence, Telstra Group's P/B Ratio of today is 2.70.

Telstra Group Price-to-Tangible-Book Historical Data

The historical data trend for Telstra Group'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.

Telstra Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

6.27

5.27

5.86

6.06

10.97

Telstra Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															6.09	6.06	10.47	10.97	13.15

Competitive Comparison

For the Telecom Services subindustry, Telstra Group'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.

Telstra Group Price-to-Tangible-Book Distribution

For the Telecommunication Services industry and Communication Services sector, Telstra Group's Price-to-Tangible-Book distribution charts can be found below:

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

Telstra Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	11.945	/	1.02
	=	11.71

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.

Telstra Group Price-to-Tangible-Book Related Terms

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

Telstra Group (Telstra Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telstra Group Ltd (OTCPK:TLGPY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TTRAF:USA 5KBA:Germany TLS:Australia

Address

242 Exhibition Street, Level 41, Melbourne, VIC, AUS, 3000

Website

https://www.telstra.com.au

Telstra is Australia's biggest telecommunications group, with material market shares in voice, mobile, data and internet, spanning retail, corporate and wholesale segments. Its fixed-line copper network will gradually be wound down as the government-owned National Broadband Network rolls out to all Australian households, but the group will be compensated accordingly. Investments into network applications and services, media, technology and overseas are being made to replace the expected lost fixed-line earnings longer term, while continuing cost-cuts are also critical.