Tribe Technology (LSE:TRYB) Price-to-Tangible-Book : 11.50 (As of Jun. 25, 2024)

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What is Tribe Technology Price-to-Tangible-Book?

As of today (2024-06-25), Tribe Technology's share price is £0.0575. Tribe Technology's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.01. Hence, Tribe Technology's Price to Tangible Book Ratio of today is 11.50.

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

LSE:TRYB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.75 Med: 16.5 Max: 16.5
Current: 5.75

During the past 3 years, Tribe Technology's highest Price to Tangible Book Ratio was 16.50. The lowest was 5.75. And the median was 16.50.

LSE:TRYB's Price-to-Tangible-Book is ranked worse than
89.69% of 194 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.675 vs LSE:TRYB: 5.75

A closely related ratio is called PB Ratio. As of today, Tribe Technology's share price is £0.0575. Tribe Technology's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.01. Hence, Tribe Technology's P/B Ratio of today is 11.50.

Tribe Technology Price-to-Tangible-Book Historical Data

The historical data trend for Tribe Technology'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.

Tribe Technology Price-to-Tangible-Book Chart

Tribe Technology Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Tribe Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	16.50

Competitive Comparison of Tribe Technology's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, Tribe Technology'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.

Tribe Technology's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tribe Technology's Price-to-Tangible-Book distribution charts can be found below:

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

Tribe Technology Price-to-Tangible-Book Calculation

Tribe Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.0575	/	0.005
	=	11.50

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.

Tribe Technology Price-to-Tangible-Book Related Terms

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

Tribe Technology (LSE:TRYB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tribe Technology PLC (LSE:TRYB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

7B Enterprise Way, Mallusk, Belfast, GBR, BT36 4EW

Website

https://www.tribetechgroup.com

Tribe Technology PLC is a company involved in developing and manufacturing of autonomous mining equipment. The Company's core activities are the development, in-house manufacturing, and sale of its autonomous reverse circulation (RC) drill rigs incorporating its core proprietary intellectual property, Tribe Technology Drilling System (TTDS).

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