The historical rank and industry rank for Trane Technologies's Price-to-Tangible-Book or its related term are showing as below:
TT's Price-to-Tangible-Book is not ranked *
in the Construction industry.
Industry Median: 1.33 * Ranked among companies with meaningful Price-to-Tangible-Book only.
Trane Technologies Price-to-Tangible-Book Historical Data
The historical data trend for Trane Technologies'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 Trane Technologies's Price-to-Tangible-Book
For the Building Products & Equipment subindustry, Trane Technologies'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.
Trane Technologies's Price-to-Tangible-Book Distribution in the Construction Industry
For the Construction industry and Industrials sector, Trane Technologies's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Trane Technologies'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.
Trane Technologies Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Trane Technologies's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Trane Technologies (Trane Technologies) Business Description
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $16 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 70% of its revenue.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TT has been successfully added to your 