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TMSOF.PFD (Thomson Reuters) Price-to-Tangible-Book : (As of Dec. 11, 2024)


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What is Thomson Reuters Price-to-Tangible-Book?

As of today (2024-12-11), Thomson Reuters's share price is $11.507. Thomson Reuters's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $0.00. Hence, Thomson Reuters's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Thomson Reuters's highest Price to Tangible Book Ratio was 595.56. The lowest was 7.65. And the median was 14.29.

TMSOF.PFD's Price-to-Tangible-Book is not ranked *
in the Business Services industry.
Industry Median: 2.125
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Thomson Reuters's share price is $11.507. Thomson Reuters's Book Value per Sharefor the quarter that ended in Sep. 2024 was $0.00. Hence, Thomson Reuters's P/B Ratio of today is .


Thomson Reuters Price-to-Tangible-Book Historical Data

The historical data trend for Thomson Reuters'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.

Thomson Reuters Price-to-Tangible-Book Chart

Thomson Reuters Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Thomson Reuters Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Thomson Reuters's Price-to-Tangible-Book

For the Specialty Business Services subindustry, Thomson Reuters'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.


Thomson Reuters's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thomson Reuters's Price-to-Tangible-Book distribution charts can be found below:

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



Thomson Reuters Price-to-Tangible-Book Calculation

Thomson Reuters's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=11.507/
=

* 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.


Thomson Reuters Price-to-Tangible-Book Related Terms

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


Thomson Reuters Business Description

Address
19 Duncan Street, Suite 300, Toronto, ON, CAN, M5H 3H1
Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.