Market Cap : 8.43 M | Enterprise Value : 9.66 M | PE Ratio : | PB Ratio : |
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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 (2021-04-14), Tri-Tech Holding's share price is €1.070000. Tri-Tech Holding's Book Value per Share for the fiscal year that ended in Dec. 2014 was €5.29. Hence, Tri-Tech Holding's PB Ratio of today is 0.20.
During the past 8 years, Tri-Tech Holding's highest PB Ratio was 6.17. The lowest was 0.00. And the median was 0.27.
During the past 12 months, Tri-Tech Holding's average Book Value Per Share Growth Rate was -12.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.90% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Tri-Tech Holding was 77.50% per year. The lowest was -10.60% per year. And the median was 34.00% per year.
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
* The bar in red indicates where Tri-Tech Holding's PB Ratio falls into.
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.
Tri-Tech Holding's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (A: Dec. 2014) |
= | 1.070000 | / | 5.291 | |
= | 0.20 |
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
PB Ratio | = | Market Cap | / | (Total Stockholders Equity | - | Preferred Stock) |
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.
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.
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.
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