TPT Global Tech (TPT Global Tech) PB Ratio : (As of Jun. 08, 2024)

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

What is TPT Global Tech 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 (2024-06-08), TPT Global Tech's share price is $0.0003. TPT Global Tech's Book Value per Share for the quarter that ended in Mar. 2024 was $-0.04. Hence, TPT Global Tech's PB Ratio of today is .

The historical rank and industry rank for TPT Global Tech's PB Ratio or its related term are showing as below:

TPTW's PB Ratio is not ranked ^*
in the Hardware industry.
Industry Median: 1.89
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was -7.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TPT Global Tech was 94.70% per year. The lowest was -113.50% per year. And the median was 7.50% per year.

Back to Basics: PB Ratio

TPT Global Tech PB Ratio Historical Data

The historical data trend for TPT Global Tech'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.

TPT Global Tech PB Ratio Chart

TPT Global Tech Annual Data

Trend

Dec05

Dec06

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

TPT Global Tech Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of TPT Global Tech's PB Ratio

For the Communication Equipment subindustry, TPT Global Tech'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.

TPT Global Tech's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TPT Global Tech's PB Ratio distribution charts can be found below:

* The bar in red indicates where TPT Global Tech's PB Ratio falls into.

TPT Global Tech 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.

TPT Global Tech's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	0.0003	/	-0.036
	=

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.

TPT Global Tech (OTCPK:TPTW) 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.

TPT Global Tech PB Ratio Related Terms

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

TPT Global Tech (TPT Global Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TPT Global Tech Inc (OTCPK:TPTW) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

501 West Broadway, Suite 800, San Diego, CA, USA, 92101

Website

https://www.tptglobaltech.com

TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).