Turners Group NZ (NZSE:TUA) Price-to-Tangible-Book : 5.08 (As of Jun. 10, 2024)

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What is Turners Group NZ Price-to-Tangible-Book?

As of today (2024-06-10), Turners Group NZ's share price is NZ$3.02. Turners Group NZ's Tangible Book per Share of Jun. 2014 for the quarter that ended in Jun. 2014 was NZ$0.60. Hence, Turners Group NZ's Price to Tangible Book Ratio of today is 5.08.

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

During the past 10 years, Turners Group NZ's highest Price to Tangible Book Ratio was 4.07. The lowest was 0.00. And the median was 2.10.

NZSE:TUA's Price-to-Tangible-Book is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 1.6
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Turners Group NZ's share price is NZ$3.02. Turners Group NZ's Book Value per Sharefor the quarter that ended in Jun. 2014 was NZ$0.67. Hence, Turners Group NZ's P/B Ratio of today is 4.50.

Turners Group NZ Price-to-Tangible-Book Historical Data

The historical data trend for Turners Group NZ'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.

Turners Group NZ Price-to-Tangible-Book Chart

Turners Group NZ Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Price-to-Tangible-Book

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1.75

1.92

2.26

3.15

4.09

Turners Group NZ Semi-Annual Data
	Dec03	Jun04	Dec04	Jun05	Dec05	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.41	3.24	3.19	4.08	4.54

Competitive Comparison of Turners Group NZ's Price-to-Tangible-Book

For the Auto & Truck Dealerships subindustry, Turners Group NZ'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.

Turners Group NZ's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Turners Group NZ's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Turners Group NZ's Price-to-Tangible-Book falls into.

Turners Group NZ Price-to-Tangible-Book Calculation

Turners Group NZ's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2014 )
	=	3.02	/	0.595
	=	5.08

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.

Turners Group NZ Price-to-Tangible-Book Related Terms

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

Turners Group NZ (NZSE:TUA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Turners Group NZ Ltd (NZSE:TUA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.turners.co.nz

Turners Auctions Limited (TUA-NZ) is New Zealand's largest auction house with 16 branches nation wide and annual turnover exceeding NZ$400m. TUA is also the largest single seller of motor vehicles in New Zealand. The business operates in two broad markets: used vehicles and commercial goods. Vehicle sales include trucks, damaged insurance salvaged vehicles, light commercial vehicles and passenger cars. Commercial sales include a wide variety of surplus equipment such as heavy plant and machinery, police and custom seized goods, liquidator sales, catering equipment, computers and furniture.