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The Trade Desk (The Trade Desk) Price-to-Tangible-Book : 19.14 (As of Apr. 28, 2024)


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What is The Trade Desk Price-to-Tangible-Book?

As of today (2024-04-28), The Trade Desk's share price is $84.73. The Trade Desk's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.43. Hence, The Trade Desk's Price to Tangible Book Ratio of today is 19.14.

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

TTD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.7   Med: 14.71   Max: 37.85
Current: 19.13

During the past 10 years, The Trade Desk's highest Price to Tangible Book Ratio was 37.85. The lowest was 6.70. And the median was 14.71.

TTD's Price-to-Tangible-Book is ranked worse than
88.22% of 2089 companies
in the Software industry
Industry Median: 3.6 vs TTD: 19.13

A closely related ratio is called PB Ratio. As of today, The Trade Desk's share price is $84.73. The Trade Desk's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.43. Hence, The Trade Desk's P/B Ratio of today is 19.14.


The Trade Desk Price-to-Tangible-Book Historical Data

The historical data trend for The Trade Desk'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.

The Trade Desk Price-to-Tangible-Book Chart

The Trade Desk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.58 37.85 29.28 10.49 16.25

The Trade Desk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 10.49 15.32 18.27 17.77 16.25

Competitive Comparison of The Trade Desk's Price-to-Tangible-Book

For the Software - Application subindustry, The Trade Desk'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.


The Trade Desk's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, The Trade Desk's Price-to-Tangible-Book distribution charts can be found below:

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



The Trade Desk Price-to-Tangible-Book Calculation

The Trade Desk's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=84.73/4.427
=19.14

* 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.


The Trade Desk Price-to-Tangible-Book Related Terms

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


The Trade Desk (The Trade Desk) Business Description

Traded in Other Exchanges
Address
42 N. Chestnut Street, Ventura, CA, USA, 93001
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, native, and social) on different devices like computers, smartphones, digital out of home, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising. The Trade Desk became a public company in 2016 and has since increased revenue at a 43% average annual rate. During that period, it has been profitable with operating margins of 10%-28%.
Executives
Gokul Rajaram director 301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Jay R Grant officer: Chief Legal Officer 225 E. 79TH STREET, APT 12E, NEW YORK NY 10075
Laura Schenkein officer: Chief Financial Officer C/O THE TRADE DESK, INC., 42 NORTH CHESTNUT STREET, VENTURA CA 93001
Jeffrey Terry Green director, 10 percent owner, officer: President and CEO 42 N. CHESTNUT STREET, VENTURA CA 93001
Andrea Lee Cunningham director C/O TRADE DESK, INC., 42 N. CHESTNUT STREET, VENTURA CA 93001
David B Wells director C/O NETFLIX, INC., 100 WINCHESTER CIRCLE, LOS GATOS CA 95130
Lise J Buyer director 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
David Randall Pickles officer: Chief Technology Officer 42 N. CHESTNUT STREET, VENTURA CA 93001
Blake Jeffrey Grayson officer: Chief Financial Officer 2212 EVERETT AVENUE E, SEATTLE WA 98102
Eric B Paley director, 10 percent owner C/O THE TRADE DESK, INC., 42 N. CHESTNUT ST., VENTURA CA 93001
Kathryn E Falberg director C/O AXOVANT SCIENCES, INC., 320 WEST 37TH STREET, 5TH FLOOR, NEW YORK NY 10018
Susan Vobejda officer: Chief Marketing Officer 130 EAST RANDOLPH STREET, 7TH FLOOR, CHICAGO IL 60601
Michelle Hulst officer: Chief Operating Officer 130 MERCHANT STREET, HONOLULU HI 96813
Brian John Stempeck officer: Chief Client Officer 42 N. CHESTNUT STREET, VENTURA CA 93001
Vivian Yang officer: Chief Legal Officer C/O VIANT TECHNOLOGY INC., 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612