TIOG (Tingo Group) ROE % Adjusted to Book Value: 36.93% (As of Sep. 2023)

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TIOG Tingo Group Inc TIOG
16 GF Score
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What is Tingo Group ROE % Adjusted to Book Value?

Tingo Group TIOG -99.50% 16 ROE % Adjusted to Book Value is 36.93% as of Sep. 2023. GuruFocus rates TIOG with a GF Score™ of 16/100.

Tingo Group's ROE % for the quarter that ended in Sep. 2023 was 14.77%. Tingo Group's PB Ratio for the quarter that ended in Sep. 2023 was 0.40. Tingo Group's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2023 was 36.93%.

Tingo Group ROE % Adjusted to Book Value Related Terms

Tingo Group ROE % Adjusted to Book Value Historical Data

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The historical data trend for Tingo Group's ROE % Adjusted to Book Value 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.

Tingo Group ROE % Adjusted to Book Value Chart

Tingo Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -121.07 -30.61 -49.77 -60.53

Tingo Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -33.22 -86.76 440.58 140.97 36.93

TIOG vs AMJT, TRAK, PSQH: ROE % Adjusted to Book Value Comparison

For the Software - Application subindustry, Tingo Group's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Tingo Group ROE % Adjusted to Book Value vs Software Industry

For the Software industry and Technology sector, Tingo Group's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Tingo Group's ROE % Adjusted to Book Value falls into.


TIOG
16GF Score
Tingo Group Inc TIOG
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Tingo Group ROE % Adjusted to Book Value Calculation

Tingo Group's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2022 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-10.29% / 0.17
=-60.53%

Tingo Group's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=14.77% / 0.40
=36.93%

* 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.

What does a ROE % Adjusted to Book Value of 36.93% mean?
Tingo Group (TIOG) has a ROE % Adjusted to Book Value of 36.93% as of Sep. 2023. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Tingo Group and its competitors.
Is Tingo Group's ROE % Adjusted to Book Value too high?
Tingo Group's current ROE % Adjusted to Book Value is 36.93%. Overall, Tingo Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Tingo Group's ROE % Adjusted to Book Value compare to AMJT and TRAK?
Tingo Group's ROE % Adjusted to Book Value of 36.93% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Software company?
A good ROE % Adjusted to Book Value depends on the Software industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Tingo Group and its competitors. Tingo Group's current ROE % Adjusted to Book Value is 36.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tingo Group stock overvalued right now?
Tingo Group (TIOG) has a current ROE % Adjusted to Book Value of 36.93%. The current ROE % Adjusted to Book Value is 36.93%. Tingo Group's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Tingo Group (TIOG), the current ROE % Adjusted to Book Value is 36.93% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tingo Group Business Description

Address 28 West Grand Avenue, Suite 3, Montvale, NJ, USA, 07645
Tingo Group Inc is a financial technology business focusing on the growth and development technology company currently selling insurance products across various cities in China, with planned expansion into additional markets. Tingo Group has developed scalable proprietary platforms for insurance products and financial services and products, the technology for which is adaptable for other applications and markets. It is a Fintech and Agri-Fintech group of companies with operations in Africa, Southeast Asia and the Middle East.
16GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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