Techtronic Industries Co (Techtronic Industries Co) Price-to-Tangible-Book : 6.63 (As of Apr. 27, 2024)

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What is Techtronic Industries Co Price-to-Tangible-Book?

As of today (2024-04-27), Techtronic Industries Co's share price is $69.45. Techtronic Industries Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $10.48. Hence, Techtronic Industries Co's Price to Tangible Book Ratio of today is 6.63.

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

TTNDY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.06 Med: 6.68 Max: 11.08
Current: 6.8

During the past 13 years, Techtronic Industries Co's highest Price to Tangible Book Ratio was 11.08. The lowest was 5.06. And the median was 6.68.

TTNDY's Price-to-Tangible-Book is ranked worse than
87% of 2823 companies
in the Industrial Products industry
Industry Median: 2.09 vs TTNDY: 6.80

A closely related ratio is called PB Ratio. As of today, Techtronic Industries Co's share price is $69.45. Techtronic Industries Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $15.67. Hence, Techtronic Industries Co's P/B Ratio of today is 4.43.

Techtronic Industries Co Price-to-Tangible-Book Historical Data

The historical data trend for Techtronic Industries Co'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.

Techtronic Industries Co Price-to-Tangible-Book Chart

Techtronic Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

6.99

9.83

11.07

5.85

5.69

Techtronic Industries Co 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															11.07	5.53	5.85	5.22	5.69

Competitive Comparison of Techtronic Industries Co's Price-to-Tangible-Book

For the Tools & Accessories subindustry, Techtronic Industries Co'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.

Techtronic Industries Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Techtronic Industries Co's Price-to-Tangible-Book falls into.

Techtronic Industries Co Price-to-Tangible-Book Calculation

Techtronic Industries Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	69.45	/	10.48
	=	6.63

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.

Techtronic Industries Co Price-to-Tangible-Book Related Terms

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

Techtronic Industries Co (Techtronic Industries Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Techtronic Industries Co Ltd (OTCPK:TTNDY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TTNDF:USA 00669:Hong Kong TIB1:Germany

Address

51 Kwai Cheong Road, 29th Floor, Tower 2, Kowloon Commerce Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.ttigroup.com

Techtronic Industries Co Ltd is a designer and manufacturer of power tools. It operates in two segments namely Power Equipment and Floorcare and Cleaning. The company generates maximum revenue from the Power Equipment segment. Its Power Equipment segment includes sales of power tools, power tool accessories, outdoor products, and outdoor product accessories for consumer, trade, professional and industrial users. The products are available under the MILWAUKEE, EMPIRE, AEG, RYOBI and HOMELITE brands plus original equipment manufacturer (OEM) customers. Geographically, it derives a majority of its revenue from North America.