As of today (2024-04-29), TROOPS's share price is $1.31. TROOPS's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $0.60. Hence, TROOPS's Price to Tangible Book Ratio of today is 2.19.
The historical rank and industry rank for TROOPS's Price-to-Tangible-Book or its related term are showing as below:
TROO'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.09 Med: 1.41 Max: 8.04
Current: 2.18
During the past 13 years, TROOPS's highest Price to Tangible Book Ratio was 8.04. The lowest was 0.09. And the median was 1.41.
TROO's Price-to-Tangible-Book is ranked better than 69.19% of 2087
companies
in the Software industry
Industry Median: 3.65
vs TROO: 2.18
A closely related ratio is called PB Ratio. As of today, TROOPS's share price is $1.31. TROOPS's Book Value per Sharefor the quarter that ended in Jun. 2023 was $0.60. Hence, TROOPS's P/B Ratio of today is 2.18.
TROOPS Price-to-Tangible-Book Historical Data
The historical data trend for TROOPS'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.
Competitive Comparison of TROOPS's Price-to-Tangible-Book
For the Software - Application subindustry, TROOPS'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.
TROOPS's Price-to-Tangible-Book Distribution in the Software Industry
For the Software industry and Technology sector, TROOPS's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where TROOPS's Price-to-Tangible-Book falls into.
TROOPS Price-to-Tangible-Book Calculation
TROOPS's price-to-tangible-book ratio for today is calculated as:
* 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.
TROOPS Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of TROOPS's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
TROOPS Inc is a conglomerate group of various businesses with its headquarters based in Hong Kong. The group is principally engaged in money lending business in Hong Kong providing mortgage loans to high quality target borrowers, property investment to generate additional rental income and the development, operation and management of an online financial marketplace that provides one-stop financial technology solutions including API services by leveraging artificial intelligence, large data and blockchain, and cloud computing (SaaS). It derives revenue from Hong Kong and Australia. Majority of its revenue generates from domestic market.
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