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Titan Logix (TSXV:TLA) Price-to-Tangible-Book : 0.82 (As of May. 13, 2024)


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What is Titan Logix Price-to-Tangible-Book?

As of today (2024-05-13), Titan Logix's share price is C$0.47. Titan Logix's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was C$0.57. Hence, Titan Logix's Price to Tangible Book Ratio of today is 0.82.

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

TSXV:TLA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.64   Med: 0.97   Max: 2.23
Current: 0.82

During the past 13 years, Titan Logix's highest Price to Tangible Book Ratio was 2.23. The lowest was 0.64. And the median was 0.97.

TSXV:TLA's Price-to-Tangible-Book is ranked better than
85.44% of 2829 companies
in the Industrial Products industry
Industry Median: 2.11 vs TSXV:TLA: 0.82

A closely related ratio is called PB Ratio. As of today, Titan Logix's share price is C$0.47. Titan Logix's Book Value per Sharefor the quarter that ended in Feb. 2024 was C$0.59. Hence, Titan Logix's P/B Ratio of today is 0.80.


Titan Logix Price-to-Tangible-Book Historical Data

The historical data trend for Titan Logix'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.

Titan Logix Price-to-Tangible-Book Chart

Titan Logix Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.64 0.98 0.81 1.05

Titan Logix 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 0.98 0.94 1.05 0.88 0.86

Competitive Comparison of Titan Logix's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Titan Logix'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.


Titan Logix's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

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



Titan Logix Price-to-Tangible-Book Calculation

Titan Logix's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=0.47/0.573
=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.


Titan Logix Price-to-Tangible-Book Related Terms

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


Titan Logix (TSXV:TLA) Business Description

Traded in Other Exchanges
Address
4130 - 93rd Street, Edmonton, AB, CAN, T6E 5P5
Titan Logix Corp designs and manufactures mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquid transportation. Titan's TD Series of tank-level monitors are known for their high level of accuracy, rugged design, and solid-state reliability. The solutions are designed for hazardous and non-hazardous applications and serve customers in a wide range of applications including petroleum, environmental solutions, chemical and agriculture. The company predominantly operates in two geographic regions that is Canada and the United States. It derives majority of its revenue from its business in the United States.
Executives
Grant Reeves Director

Titan Logix (TSXV:TLA) Headlines

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