NatWest Markets (ASX:TLSSRT) Price-to-Tangible-Book: (As of Sep. 02, 2026)

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What is NatWest Markets Price-to-Tangible-Book?

As of today (2026-09-02), NatWest Markets's share price is A$0.00. NatWest Markets's Tangible Book per Share of . 20 for the quarter that ended in . 20 was A$0.00. Hence, NatWest Markets's Price to Tangible Book Ratio of today is .

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

ASX:TLSSRT's Price-to-Tangible-Book is not ranked *
in the Banks industry.
Industry Median: 1.19
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, NatWest Markets's share price is A$0.00. NatWest Markets's Book Value per Sharefor the quarter that ended in . 20 was A$0.00. Hence, NatWest Markets's P/B Ratio of today is .

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.

NatWest Markets Price-to-Tangible-Book Related Terms

NatWest Markets Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for NatWest Markets'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.

NatWest Markets Price-to-Tangible-Book Chart

NatWest Markets Annual Data
Trend
Price-to-Tangible-Book

NatWest Markets Semi-Annual Data
Price-to-Tangible-Book

ASX:TLSSRT vs : Price-to-Tangible-Book Comparison

For the Banks - Diversified subindustry, NatWest Markets'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.

NatWest Markets Price-to-Tangible-Book vs Banks Industry

For the Banks industry and Financial Services sector, NatWest Markets's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where NatWest Markets's Price-to-Tangible-Book falls into.


NatWest Markets Price-to-Tangible-Book Calculation

NatWest Markets's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: . 20 )
=0.00/
=

* 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:

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.

NatWest Markets Business Description

Comparable Companies
Address 36 Saint Andrew Square, Scotland, Edinburgh, GBR, EH2 2YB
NatWest Markets PLC provides debt financing, risk management and trading solutions to customers.