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Thurgauer Kantonalbank (CHIX:TKBPZ) Price-to-Tangible-Book : 0.33 (As of May. 15, 2024)


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What is Thurgauer Kantonalbank Price-to-Tangible-Book?

As of today (2024-05-15), Thurgauer Kantonalbank's share price is CHF127.50. Thurgauer Kantonalbank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was CHF381.29. Hence, Thurgauer Kantonalbank's Price to Tangible Book Ratio of today is 0.33.

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

CHIX:TKBPz' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.31   Med: 0.34   Max: 0.38
Current: 0.33

During the past 12 years, Thurgauer Kantonalbank's highest Price to Tangible Book Ratio was 0.38. The lowest was 0.31. And the median was 0.34.

CHIX:TKBPz's Price-to-Tangible-Book is ranked better than
92.22% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs CHIX:TKBPz: 0.33

A closely related ratio is called PB Ratio. As of today, Thurgauer Kantonalbank's share price is CHF127.50. Thurgauer Kantonalbank's Book Value per Sharefor the quarter that ended in Dec. 2023 was CHF381.29. Hence, Thurgauer Kantonalbank's P/B Ratio of today is 0.33.


Thurgauer Kantonalbank Price-to-Tangible-Book Historical Data

The historical data trend for Thurgauer Kantonalbank'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.

Thurgauer Kantonalbank Price-to-Tangible-Book Chart

Thurgauer Kantonalbank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.31

Thurgauer Kantonalbank Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.34 0.31

Competitive Comparison of Thurgauer Kantonalbank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Thurgauer Kantonalbank'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.


Thurgauer Kantonalbank's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



Thurgauer Kantonalbank Price-to-Tangible-Book Calculation

Thurgauer Kantonalbank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=127.50/381.285
=0.33

* 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:

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.


Thurgauer Kantonalbank Price-to-Tangible-Book Related Terms

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


Thurgauer Kantonalbank (CHIX:TKBPZ) Business Description

Traded in Other Exchanges
Address
Bank Platz 1, Weinfelden, CHE, 8570
Thurgauer Kantonalbank provides banking services. The Company is also engaged in customized investment strategy, asset management solutions for private individuals, analyze and optimize finances and property development. It offers accounts, mortgages, loans, insurance, trade finance and foreign exchange services, payment services, investment advisory services, and financial planning services.

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