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TNTLF (Tantalus Systems Holding) PB Ratio : 9.92 (As of Dec. 11, 2024)


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What is Tantalus Systems Holding 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 (2024-12-11), Tantalus Systems Holding's share price is $1.26. Tantalus Systems Holding's Book Value per Share for the quarter that ended in Sep. 2024 was $0.13. Hence, Tantalus Systems Holding's PB Ratio of today is 9.92.

The historical rank and industry rank for Tantalus Systems Holding's PB Ratio or its related term are showing as below:

TNTLF' s PB Ratio Range Over the Past 10 Years
Min: 6.43   Med: 12.1   Max: 63.33
Current: 10.17

During the past 3 years, Tantalus Systems Holding's highest PB Ratio was 63.33. The lowest was 6.43. And the median was 12.10.

TNTLF's PB Ratio is ranked worse than
94.3% of 2929 companies
in the Industrial Products industry
Industry Median: 2.15 vs TNTLF: 10.17

During the past 12 months, Tantalus Systems Holding's average Book Value Per Share Growth Rate was 377.80% per year.

Back to Basics: PB Ratio


Tantalus Systems Holding PB Ratio Historical Data

The historical data trend for Tantalus Systems Holding'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.

Tantalus Systems Holding PB Ratio Chart

Tantalus Systems Holding Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
9.87 7.17 10.96

Tantalus Systems Holding Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
PB Ratio 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 22.67 53.33 10.96 44.00 8.58

Competitive Comparison of Tantalus Systems Holding's PB Ratio

For the Electrical Equipment & Parts subindustry, Tantalus Systems Holding'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.


Tantalus Systems Holding's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tantalus Systems Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tantalus Systems Holding's PB Ratio falls into.



Tantalus Systems Holding 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.

Tantalus Systems Holding's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=1.26/0.127
=9.92

* 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.


Tantalus Systems Holding  (OTCPK:TNTLF) 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.


Tantalus Systems Holding PB Ratio Related Terms

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Tantalus Systems Holding Business Description

Traded in Other Exchanges
Address
3555 Gilmore Way, Suite 200, Burnaby, BC, CAN, V5G 0B3
Tantalus Systems Holding Inc Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Utility Software Applications and Services. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.