Thachang Green Energy PCL (BKK:TGE) Price-to-Tangible-Book : 1.28 (As of May. 05, 2025)

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What is Thachang Green Energy PCL Price-to-Tangible-Book?

As of today (2025-05-05), Thachang Green Energy PCL's share price is ฿1.42. Thachang Green Energy PCL's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was ฿1.11. Hence, Thachang Green Energy PCL's Price to Tangible Book Ratio of today is 1.28.

The historical rank and industry rank for Thachang Green Energy PCL's Price-to-Tangible-Book or its related term are showing as below:

BKK:TGE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.28 Med: 2.05 Max: 2.87
Current: 1.28

During the past 9 years, Thachang Green Energy PCL's highest Price to Tangible Book Ratio was 2.87. The lowest was 1.28. And the median was 2.05.

BKK:TGE's Price-to-Tangible-Book is ranked worse than
50.25% of 400 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.275 vs BKK:TGE: 1.28

A closely related ratio is called PB Ratio. As of today, Thachang Green Energy PCL's share price is ฿1.42. Thachang Green Energy PCL's Book Value per Sharefor the quarter that ended in Dec. 2024 was ฿1.17. Hence, Thachang Green Energy PCL's P/B Ratio of today is 1.21.

Thachang Green Energy PCL Price-to-Tangible-Book Historical Data

The historical data trend for Thachang Green Energy PCL'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.

* Premium members only.

Thachang Green Energy PCL Price-to-Tangible-Book Chart

Thachang Green Energy PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Price-to-Tangible-Book

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1.95

2.87

2.05

Thachang Green Energy PCL Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.87	3.01	2.64	2.64	2.05

Competitive Comparison of Thachang Green Energy PCL's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Thachang Green Energy PCL'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.

Thachang Green Energy PCL's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Thachang Green Energy PCL's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Thachang Green Energy PCL's Price-to-Tangible-Book falls into.

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Thachang Green Energy PCL Price-to-Tangible-Book Calculation

Thachang Green Energy PCL's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2024 )
	=	1.42	/	1.112
	=	1.28

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.

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.

Thachang Green Energy PCL Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Thachang Green Energy PCL's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Thachang Green Energy PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Thachang Green Energy PCL (BKK:TGE) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

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Address

Moo 3, No. 159, Tambon Tha Chang, Amphoe Tha Chang, Surat Thani Province, THA, 84150

Website

https://www.tge.co.th

Thachang Green Energy PCL is engaged in generating and supplying electricity and steam from biomass. The group has two segments report, which are comprised of biomass power plant business and waste power plant business. The company derives the majority of its revenue from the Biomass Power plant segment.