Tantech Holdings (Tantech Holdings) PB Ratio : 0.02 (As of May. 16, 2024)

View and export this data going back to 2015. Start your Free Trial

What is Tantech Holdings PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-16), Tantech Holdings's share price is $0.6031. Tantech Holdings's Book Value per Share for the quarter that ended in Jun. 2023 was $34.84. Hence, Tantech Holdings's PB Ratio of today is 0.02.

The historical rank and industry rank for Tantech Holdings's PB Ratio or its related term are showing as below:

TANH' s PB Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.46 Max: 10.89
Current: 0.02

During the past 11 years, Tantech Holdings's highest PB Ratio was 10.89. The lowest was 0.01. And the median was 0.46.

TANH's PB Ratio is ranked better than
99.94% of 1802 companies
in the Consumer Packaged Goods industry
Industry Median: 1.54 vs TANH: 0.02

During the past 12 months, Tantech Holdings's average Book Value Per Share Growth Rate was -64.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -49.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -31.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.40% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Tantech Holdings was 19.20% per year. The lowest was -49.40% per year. And the median was 0.65% per year.

Back to Basics: PB Ratio

Tantech Holdings PB Ratio Historical Data

The historical data trend for Tantech Holdings's PB Ratio 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.

Tantech Holdings PB Ratio Chart

Tantech Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

Get a 7-Day Free Trial

0.49

0.58

0.50

0.26

0.02

Tantech Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
PB Ratio	Get a 7-Day Free Trial															0.52	0.26	0.07	0.02	0.08

Competitive Comparison of Tantech Holdings's PB Ratio

For the Household & Personal Products subindustry, Tantech Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Tantech Holdings's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tantech Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tantech Holdings's PB Ratio falls into.

Tantech Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Tantech Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	0.6031	/	34.844
	=	0.02

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Tantech Holdings (NAS:TANH) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Tantech Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of Tantech Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Tantech Holdings (Tantech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tantech Holdings Ltd (NAS:TANH) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Tantech Holdings (Lishui) Co., Ltd, No. 10 Cen Shan Road, Shuige Industrial Zone, Zhejiang Province, Lishui, CHN, 323000

Website

http://www.tantech.cn

Tantech Holdings Ltd manufactures bamboo charcoal-based products. The company through its subsidiaries is engaged in the production and distribution of household products along with a trading business which involves the export of charcoal products. It also manufactures electric double-layer capacitors carbon materials and low-emission barbecue charcoal. Its product portfolio includes air purifiers and humidifiers, underfloor humidity control, pillows and mattresses, wardrobe deodorizers, mousepads, and wrist mats, refrigerator deodorant, and charcoal toilet cleaner disks. The company has three reportable segments; the Consumer Product segment, the Electric Vehicle (EV) segment, and the Biodegradable Packaging segment.