Top Glove Bhd (Top Glove Bhd) Price-to-Tangible-Book

: 0.99 (As of Today)

View and export this data going back to 2007. Start your Free Trial

As of today (2024-04-19), Top Glove Bhd's share price is $0.1274. Top Glove Bhd's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $0.13. Hence, Top Glove Bhd's Price to Tangible Book Ratio of today is 0.99.

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

TPGVF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.11 Med: 3.61 Max: 14.02
Current: 1.27

During the past 13 years, Top Glove Bhd's highest Price to Tangible Book Ratio was 14.02. The lowest was 1.11. And the median was 3.61.

TPGVF's Price-to-Tangible-Book is ranked better than
75.92% of 706 companies
in the Medical Devices & Instruments industry
Industry Median: 2.58 vs TPGVF: 1.27

A closely related ratio is called PB Ratio. As of today, Top Glove Bhd's share price is $0.1274. Top Glove Bhd's Book Value per Sharefor the quarter that ended in Feb. 2024 was $0.15. Hence, Top Glove Bhd's P/B Ratio of today is 0.84.

Top Glove Bhd Price-to-Tangible-Book Historical Data

The historical data trend for Top Glove Bhd'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.

Top Glove Bhd Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Price-to-Tangible-Book

5.24

13.60

5.16

1.04

1.02

Top Glove Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book																0.93	1.69	1.02	1.69	1.12

Competitive Comparison

For the Medical Instruments & Supplies subindustry, Top Glove Bhd'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.

Top Glove Bhd Price-to-Tangible-Book Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Top Glove Bhd's Price-to-Tangible-Book falls into.

Top Glove Bhd Price-to-Tangible-Book Calculation

Top Glove Bhd's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2024 )
	=	0.1274	/	0.129
	=	0.99

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.

Top Glove Bhd Price-to-Tangible-Book Related Terms

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

Top Glove Bhd (Top Glove Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Top Glove Corp Bhd (OTCPK:TPGVF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TGLVY:USA BVA:Singapore 7113:Malaysia

Address

16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170

Website

https://www.topglove.com

Top Glove Corp Bhd manufactures and sells gloves through several product lines to a diverse group of world-wide customers. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. Top Glove's products are utilized in an array of end markets such as aerospace, food, Personal care, medical care, oral care and home care. Traditionally, the company has derived over half of its sales from its nitrile and powdered latex product lines, with customers in North America and Europe generating the majority demand.

Top Glove Bhd (Top Glove Bhd) Headlines

From GuruFocus

Top Glove Bhd Stock Is Believed To Be Modestly Undervalued

By GF Value GF Value • 04-09-2021

Top Glove Bhd Stock Shows Every Sign Of Being Significantly Undervalued

By GF Value GF Value • 05-09-2021