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Trinity Capital (Trinity Capital) PB Ratio : 1.16 (As of May. 12, 2024)


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What is Trinity Capital 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 (2024-05-12), Trinity Capital's share price is $14.88. Trinity Capital's Book Value per Share for the quarter that ended in Mar. 2024 was $12.88. Hence, Trinity Capital's PB Ratio of today is 1.16.

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

TRIN' s PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.07   Max: 1.6
Current: 1.16

During the past 5 years, Trinity Capital's highest PB Ratio was 1.60. The lowest was 0.75. And the median was 1.07.

TRIN's PB Ratio is ranked worse than
76.14% of 1689 companies
in the Asset Management industry
Industry Median: 0.95 vs TRIN: 1.16

During the past 12 months, Trinity Capital's average Book Value Per Share Growth Rate was -1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.80% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Trinity Capital was 11.80% per year. The lowest was 11.80% per year. And the median was 11.80% per year.

Back to Basics: PB Ratio


Trinity Capital PB Ratio Historical Data

The historical data trend for Trinity Capital'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.

Trinity Capital PB Ratio Chart

Trinity Capital Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 1.07 0.83 1.10

Trinity Capital Quarterly Data
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 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 0.97 1.01 1.06 1.10 1.14

Competitive Comparison of Trinity Capital's PB Ratio

For the Asset Management subindustry, Trinity Capital'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.


Trinity Capital's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Trinity Capital's PB Ratio distribution charts can be found below:

* The bar in red indicates where Trinity Capital's PB Ratio falls into.



Trinity Capital 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.

Trinity Capital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=14.88/12.876
=1.16

* 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 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.


Trinity Capital  (NAS:TRIN) 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.


Trinity Capital PB Ratio Related Terms

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


Trinity Capital (Trinity Capital) Business Description

Traded in Other Exchanges
Address
1 N. 1st Street, Suite 302, Phoenix, AZ, USA, 85004
Trinity Capital Inc is a closed-end, non-diversified management investment company. The company is engaged in providing debt, including loans and equipment financings, to growth-stage companies, including venture-backed companies and companies with institutional equity investors. Its equipment financings involve loans for general or specific use, including acquiring equipment, secured by the equipment or other assets of the portfolio company.
Executives
Kyle Steven Brown director, officer: Director, President & CIO C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Richard P Hamada director 2211 S 47TH ST, PHOENIX AZ 85034
Irma Lockridge director C/O TRINITY CAPITAL INC., 1 N. 1ST STREET, 3RD FLOOR, PHOENIX AZ 85004
Ronald E. Estes director C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Steve Louis Brown director, officer: Chairman and CEO (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Ronald Kundich officer: Senior VP (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
David Michael Lund officer: Executive VP (1) 525 UNIVERSITY AVENUE SUITE 700, PALO ALTO CA 94301
Gerald Harder officer: Senior VP (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Michael Zacharia director C/O J. C. PENNEY COMPANY, INC., 6501 LEGACY DRIVE, PLANO TX 75024
Thomas P. Majewski 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Sarah Stanton officer: General Counsel and Secretary C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Scott H Harvey officer: CCO & General Counsel C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Susan Echard officer: CFO, Treasurer & Secretary (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Edmund G. Zito director C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226