Thai Rayon PCL (BKK:TR) Price-to-Tangible-Book : 0.25 (As of May. 22, 2024)

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What is Thai Rayon PCL Price-to-Tangible-Book?

As of today (2024-05-22), Thai Rayon PCL's share price is ฿40.50. Thai Rayon PCL's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ฿163.86. Hence, Thai Rayon PCL's Price to Tangible Book Ratio of today is 0.25.

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

BKK:TR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.18 Med: 0.33 Max: 0.48
Current: 0.25

During the past 13 years, Thai Rayon PCL's highest Price to Tangible Book Ratio was 0.48. The lowest was 0.18. And the median was 0.33.

BKK:TR's Price-to-Tangible-Book is ranked better than
95.66% of 990 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.345 vs BKK:TR: 0.25

A closely related ratio is called PB Ratio. As of today, Thai Rayon PCL's share price is ฿40.50. Thai Rayon PCL's Book Value per Sharefor the quarter that ended in Dec. 2023 was ฿163.86. Hence, Thai Rayon PCL's P/B Ratio of today is 0.25.

Thai Rayon PCL Price-to-Tangible-Book Historical Data

The historical data trend for Thai Rayon 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.

Thai Rayon PCL Price-to-Tangible-Book Chart

Thai Rayon PCL Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.33

0.19

0.25

0.33

0.32

Thai Rayon PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	0.32	0.29	0.27	0.26

Competitive Comparison of Thai Rayon PCL's Price-to-Tangible-Book

For the Textile Manufacturing subindustry, Thai Rayon 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.

Thai Rayon PCL's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Rayon PCL's Price-to-Tangible-Book distribution charts can be found below:

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

Thai Rayon PCL Price-to-Tangible-Book Calculation

Thai Rayon PCL's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	40.50	/	163.862
	=	0.25

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.

Thai Rayon PCL Price-to-Tangible-Book Related Terms

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

Thai Rayon PCL (BKK:TR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Thai Rayon PCL (BKK:TR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ploenchit Road, 16th Floor, 888/160-1 Mahatun Plaza Building, Lumpini, Pathumwan, Bangkok, THA, 10330

Website

https://www.thairayon.com

Thai Rayon PCL is a Thailand-based company principally engaged in the manufacture of viscose rayon staple fibre and anhydrous sodium sulphate for sales to both domestic and export markets. The company also produces Anhydrous Sodium Sulphate as its by-product, which is widely used in the Thai market by detergent, pulp, glass, leather, and textile industries. Thai Rayon has investments in backward and forward integration projects in Thailand, Indonesia, Laos, China, and Canada, as well as several diversification projects in Thailand and overseas.