Trinity Watthana PCL (BKK:TNITY) Price-to-Tangible-Book : 0.69 (As of Jun. 06, 2024)

View and export this data going back to 2002. Start your Free Trial

What is Trinity Watthana PCL Price-to-Tangible-Book?

As of today (2024-06-06), Trinity Watthana PCL's share price is ฿4.28. Trinity Watthana PCL's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ฿6.22. Hence, Trinity Watthana PCL's Price to Tangible Book Ratio of today is 0.69.

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

BKK:TNITY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.45 Med: 0.82 Max: 1.45
Current: 0.69

During the past 13 years, Trinity Watthana PCL's highest Price to Tangible Book Ratio was 1.45. The lowest was 0.45. And the median was 0.82.

BKK:TNITY's Price-to-Tangible-Book is ranked better than
76.01% of 721 companies
in the Capital Markets industry
Industry Median: 1.33 vs BKK:TNITY: 0.69

A closely related ratio is called PB Ratio. As of today, Trinity Watthana PCL's share price is ฿4.28. Trinity Watthana PCL's Book Value per Sharefor the quarter that ended in Mar. 2024 was ฿6.52. Hence, Trinity Watthana PCL's P/B Ratio of today is 0.66.

Trinity Watthana PCL Price-to-Tangible-Book Historical Data

The historical data trend for Trinity Watthana 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.

Trinity Watthana PCL Price-to-Tangible-Book Chart

Trinity Watthana PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.51

0.54

1.14

0.90

0.65

Trinity Watthana PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.82	0.61	0.86	0.65	0.68

Competitive Comparison of Trinity Watthana PCL's Price-to-Tangible-Book

For the Capital Markets subindustry, Trinity Watthana 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.

Trinity Watthana PCL's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Trinity Watthana PCL's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Trinity Watthana PCL's Price-to-Tangible-Book falls into.

Trinity Watthana PCL Price-to-Tangible-Book Calculation

Trinity Watthana PCL's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	4.28	/	6.215
	=	0.69

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.

Trinity Watthana PCL Price-to-Tangible-Book Related Terms

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

Trinity Watthana PCL (BKK:TNITY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Trinity Watthana PCL (BKK:TNITY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 179/111, South Sathorn Road, 26th Floor, Bangkok City Tower, Thungmahamek, Sathorn, Bangkok, THA, 10120

Website

https://www.trinitythai.com

Trinity Watthana PCL is a Thailand-based investment holding company. The firm and its subsidiaries are organized into two principal business segments based on their products and services, which are the Securities and derivatives business, which is the key revenue-generating segment, and the Financial advisory and investment banking business. It is engaged in the securities business, including securities brokerage, securities trading, investment advisory, securities underwriting, securities borrowing and lending, private fund asset management, financial advisory, and derivatives agent. The group only operates in Thailand.

Trinity Watthana PCL (BKK:TNITY) Headlines

No Headlines