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Traeger (Traeger) PB Ratio : 0.92 (As of Apr. 27, 2024)


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What is Traeger 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 (2024-04-27), Traeger's share price is $2.12. Traeger's Book Value per Share for the quarter that ended in Dec. 2023 was $2.32. Hence, Traeger's PB Ratio of today is 0.92.

Good Sign:

Traeger Inc stock PB Ratio (=0.91) is close to 1-year low of 0.83

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

COOK' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.27   Max: 6.71
Current: 0.91

During the past 5 years, Traeger's highest PB Ratio was 6.71. The lowest was 0.60. And the median was 1.27.

COOK's PB Ratio is ranked better than
71.33% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.6 vs COOK: 0.91

During the past 12 months, Traeger's average Book Value Per Share Growth Rate was -15.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -16.90% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Traeger was -9.30% per year. The lowest was -16.90% per year. And the median was -13.10% per year.

Back to Basics: PB Ratio


Traeger PB Ratio Historical Data

The historical data trend for Traeger'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.

Traeger PB Ratio Chart

Traeger Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 2.36 1.03 1.18

Traeger Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.03 1.54 1.61 1.10 1.18

Competitive Comparison of Traeger's PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Traeger'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.


Traeger's PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Traeger's PB Ratio distribution charts can be found below:

* The bar in red indicates where Traeger's PB Ratio falls into.



Traeger 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.

Traeger's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.12/2.315
=0.92

* 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.


Traeger  (NYSE:COOK) 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.


Traeger PB Ratio Related Terms

Thank you for viewing the detailed overview of Traeger's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Traeger (Traeger) Business Description

Traded in Other Exchanges
N/A
Address
1215 E Wilmington Avenue, Suite 200, Salt Lake City, UT, USA, 84106
Traeger Inc designs, sources, sells, and supports wood pellet fueled barbeque grills sold to retailers, distributors, and direct to consumers. It produces and sells the pellets used to fire the grills and also sells Traeger-branded rubs, spices, and sauces, as well as grill accessories including covers, barbeque tools, trays, liners, and merchandise. The company's geographical segments include North America and the Rest of the world, of which majority of revenue is from North America.
Executives
Hardy James H Jr officer: Chief Supply Chain Officer C/O TRAEGER, 1215 E. WILMINGTON AVENUE, SUITE 200, SALT LAKE CITY UT 84106
Dominic Blosil officer: Chief Financial Officer C/O TAEGER, 1215 E WILMINGTON AVENUE, SUITE 200, SALT LAKE CITY UT 84106
Jeremy Andrus director, officer: Chief Executive Officer C/O TRAEGER, 1215 E. WILMINGTON AVENUE, SUITE 200, SALT LAKE CITY UT 84106
Steven Philip Richman director C/O TRAEGER INC., 1215 E WILMINGTON AVE, SUITE 200, SALT LAKE CITY UT 84106
Ontario Teachers Pension Plan Board 10 percent owner 5650 YONGE STREET, TORONTO A6 M2M 4H5
Trilantic Capital Management L.p. 10 percent owner, other: See Remarks 399 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10022
Wendy A. Beck director C/O NORWEGIAN CRUISE LINE HOLDINGS LTD., 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Elizabeth Cahill Lempres director TWO COMMERCE SQUARE, 2001 MARKET STREET, SUITE 3600, PHILADELPHIA PA 19103
Wayne Marino director C/O TRAEGER, INC., 1215 E WILMINGTON AVE., SUITE 200, SALT LAKE CITY UT 84106
Aea Investors Fund Vi Lp 10 percent owner 666 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10103
Ralph Alvarez director ELI LILLY AND COMPANY, LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
Aea Investors Executive Partners Vi Llc 10 percent owner 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Aea Investors Partners Vi Lp 10 percent owner 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Aea Investors Executive Fund Vi Lp 10 percent owner 666 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10103
Aea Fund Vi Stockholder Representative Corp. 10 percent owner 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022