Tectonic Financial (Tectonic Financial) Price-to-Tangible-Book : (As of Jun. 01, 2024)

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What is Tectonic Financial Price-to-Tangible-Book?

As of today (2024-06-01), Tectonic Financial's share price is $10.23. Tectonic Financial's Tangible Book per Share of Mar. 2019 for the quarter that ended in Mar. 2019 was $0.00. Hence, Tectonic Financial's Price to Tangible Book Ratio of today is .

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

TECTP.PFD's Price-to-Tangible-Book is not ranked ^*
in the Banks industry.
Industry Median: 0.92
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Tectonic Financial's share price is $10.23. Tectonic Financial's Book Value per Sharefor the quarter that ended in Mar. 2019 was $0.00. Hence, Tectonic Financial's P/B Ratio of today is .

Tectonic Financial Price-to-Tangible-Book Historical Data

The historical data trend for Tectonic Financial'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.

Tectonic Financial Price-to-Tangible-Book Chart

Tectonic Financial Annual Data

Trend

Price-to-Tangible-Book

Tectonic Financial Semi-Annual Data
	Mar18	Mar19
Price-to-Tangible-Book	-	-

Competitive Comparison of Tectonic Financial's Price-to-Tangible-Book

For the Banks - Regional subindustry, Tectonic Financial'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.

Tectonic Financial's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Tectonic Financial's Price-to-Tangible-Book distribution charts can be found below:

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

Tectonic Financial Price-to-Tangible-Book Calculation

Tectonic Financial's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2019 )
	=	10.23	/
	=

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.

Tectonic Financial Price-to-Tangible-Book Related Terms

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

Tectonic Financial (Tectonic Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Tectonic Financial Inc (NAS:TECTP.PFD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

16200 Dallas Parkway, Suite 190, Dallas, TX, USA, 75248

Website

https://www.t.financial

Tectonic Financial Inc is a financial holding company that offers banking, trust, investment advisory, securities brokerage, and insurance services to high net worth individuals, small businesses, and institutions. It operates through three business segments including Banking; Other Financial Services and HoldCo. The company generates maximum revenue from the Banking segment.

Executives

George L Ball	director, officer: Executive Co-Chairman	C/O SANDERS MORRIS HARRIS INC 600 TRAVIS #3100 HOUSTON TX 77002
A Haag Sherman	director, 10 percent owner, officer: Chairman	600 TRAVIS STREET, SUITE 5900, HOUSTON TX 77002

Tectonic Financial (Tectonic Financial) Headlines

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