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Targeted Microwave Solutions (Targeted Microwave Solutions) PB Ratio : (As of May. 06, 2024)


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What is Targeted Microwave Solutions PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-06), Targeted Microwave Solutions's share price is $0.0012. Targeted Microwave Solutions's Book Value per Share for the quarter that ended in Sep. 2023 was $-0.00. Hence, Targeted Microwave Solutions's PB Ratio of today is .

The historical rank and industry rank for Targeted Microwave Solutions's PB Ratio or its related term are showing as below:

TGTMF's PB Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.93
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was 23.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 41.20% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Targeted Microwave Solutions was 66.40% per year. The lowest was 23.70% per year. And the median was 24.60% per year.

Back to Basics: PB Ratio


Targeted Microwave Solutions PB Ratio Historical Data

The historical data trend for Targeted Microwave Solutions's PB Ratio 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.

Targeted Microwave Solutions PB Ratio Chart

Targeted Microwave Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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Targeted Microwave Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Targeted Microwave Solutions's PB Ratio

For the Pollution & Treatment Controls subindustry, Targeted Microwave Solutions's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Targeted Microwave Solutions's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Targeted Microwave Solutions's PB Ratio distribution charts can be found below:

* The bar in red indicates where Targeted Microwave Solutions's PB Ratio falls into.



Targeted Microwave Solutions PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Targeted Microwave Solutions's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.0012/-0.003
=

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Targeted Microwave Solutions  (OTCPK:TGTMF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Targeted Microwave Solutions PB Ratio Related Terms

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Targeted Microwave Solutions (Targeted Microwave Solutions) Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 2300, Vancouver, BC, CAN, V6E 3X2
Targeted Microwave Solutions Inc is a Canada-based industrial clean technology company. Principally, it is engaged in the business of developing microwave-based application technologies to dry, decontaminate, physically upgrade and eliminate or reduce environment harming emissions. The company's technology is used for industrial aggregates, energy-producing biomass, low-rank coals and other materials for application by power utilities and industrial companies.

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