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Tech And Energy Transition (Tech And Energy Transition) Price-to-Tangible-Book : 1.31 (As of May. 23, 2024)


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What is Tech And Energy Transition Price-to-Tangible-Book?

As of today (2024-05-23), Tech And Energy Transition's share price is $10.17. Tech And Energy Transition's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was $7.79. Hence, Tech And Energy Transition's Price to Tangible Book Ratio of today is 1.31.

The historical rank and industry rank for Tech And Energy Transition's Price-to-Tangible-Book or its related term are showing as below:

TETC's Price-to-Tangible-Book is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.86
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Tech And Energy Transition's share price is $10.17. Tech And Energy Transition's Book Value per Sharefor the quarter that ended in Dec. 2022 was $7.79. Hence, Tech And Energy Transition's P/B Ratio of today is 1.31.


Tech And Energy Transition Price-to-Tangible-Book Historical Data

The historical data trend for Tech And Energy Transition'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.

Tech And Energy Transition Price-to-Tangible-Book Chart

Tech And Energy Transition Annual Data
Trend Mar19 Mar20 Mar21 Mar22
Price-to-Tangible-Book
- - - 1.29

Tech And Energy Transition Quarterly Data
Mar19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 1.31 1.29 1.28 1.28 1.29

Competitive Comparison of Tech And Energy Transition's Price-to-Tangible-Book

For the Shell Companies subindustry, Tech And Energy Transition'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.


Tech And Energy Transition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tech And Energy Transition's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tech And Energy Transition's Price-to-Tangible-Book falls into.



Tech And Energy Transition Price-to-Tangible-Book Calculation

Tech And Energy Transition's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2022 )
=10.17/7.788
=1.31

* 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.


Tech And Energy Transition Price-to-Tangible-Book Related Terms

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


Tech And Energy Transition (Tech And Energy Transition) Business Description

Traded in Other Exchanges
N/A
Address
125 W 55th Street, New York, NY, USA, 10019
Tech And Energy Transition Corp is a blank check company.

Tech And Energy Transition (Tech And Energy Transition) Headlines