Tantalus Systems Holding (TSX:GRID) Price-to-Tangible-Book : (As of May. 14, 2024)

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What is Tantalus Systems Holding Price-to-Tangible-Book?

As of today (2024-05-14), Tantalus Systems Holding's share price is C$1.55. Tantalus Systems Holding's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$-0.22. Hence, Tantalus Systems Holding's Price to Tangible Book Ratio of today is .

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

During the past 3 years, Tantalus Systems Holding's highest Price to Tangible Book Ratio was 9.49. The lowest was 9.49. And the median was 9.49.

TSX:GRID's Price-to-Tangible-Book is not ranked ^*
in the Industrial Products industry.
Industry Median: 2.13
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Tantalus Systems Holding's share price is C$1.55. Tantalus Systems Holding's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.07. Hence, Tantalus Systems Holding's P/B Ratio of today is 22.14.

Tantalus Systems Holding Price-to-Tangible-Book Historical Data

The historical data trend for Tantalus Systems Holding'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.

Tantalus Systems Holding Price-to-Tangible-Book Chart

Tantalus Systems Holding Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

9.49

Tantalus Systems Holding Quarterly Data
	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of Tantalus Systems Holding's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Tantalus Systems Holding'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.

Tantalus Systems Holding's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tantalus Systems Holding's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tantalus Systems Holding's Price-to-Tangible-Book falls into.

Tantalus Systems Holding Price-to-Tangible-Book Calculation

Tantalus Systems Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.55	/	-0.221
	=

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.

Tantalus Systems Holding Price-to-Tangible-Book Related Terms

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

Tantalus Systems Holding (TSX:GRID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tantalus Systems Holding Inc (TSX:GRID) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TNTLF:USA

Address

3555 Gilmore Way, Suite 200, Burnaby, BC, CAN, V5G 0B3

Website

https://www.tantalus.com

Tantalus Systems Holding Inc Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Utility Software Applications and Services. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.

Executives

Peter Londa

Director, Senior Officer