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Tarkett (XPAR:TKTT) PB Ratio : 0.68 (As of May. 18, 2024)


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What is Tarkett 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 (2024-05-18), Tarkett's share price is €8.96. Tarkett's Book Value per Share for the quarter that ended in Dec. 2023 was €13.17. Hence, Tarkett's PB Ratio of today is 0.68.

Good Sign:

Tarkett SA stock PB Ratio (=0.72) is close to 10-year low of 0.65

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

XPAR:TKTT' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.67   Max: 3.03
Current: 0.7

During the past 13 years, Tarkett's highest PB Ratio was 3.03. The lowest was 0.65. And the median was 1.67.

XPAR:TKTT's PB Ratio is ranked better than
73.47% of 1621 companies
in the Construction industry
Industry Median: 1.25 vs XPAR:TKTT: 0.70

During the past 12 months, Tarkett's average Book Value Per Share Growth Rate was -5.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tarkett was 11.10% per year. The lowest was -4.60% per year. And the median was 2.85% per year.

Back to Basics: PB Ratio


Tarkett PB Ratio Historical Data

The historical data trend for Tarkett'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.

Tarkett PB Ratio Chart

Tarkett Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.22 1.52 0.83 0.71

Tarkett Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only 1.52 0.81 0.83 0.82 0.71

Competitive Comparison of Tarkett's PB Ratio

For the Building Products & Equipment subindustry, Tarkett'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.


Tarkett's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tarkett's PB Ratio distribution charts can be found below:

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



Tarkett 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.

Tarkett's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=8.96/13.165
=0.68

* 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.


Tarkett  (XPAR:TKTT) 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.


Tarkett PB Ratio Related Terms

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


Tarkett (XPAR:TKTT) Business Description

Traded in Other Exchanges
Address
1, Terrasse Bellini, Tour Initiale, Paris-La Defense, FRA, 92919
Tarkett SA manufactures and sells flooring and sports surface products to the residential, commercial, and institutional construction and remodeling industries. Customer market segments for its flooring products include housing, education, healthcare, office, retail and hospitality, and sports complexes. The firm organizes itself into four segments based on geography and product type. The flooring segments include EMEA, North America, and CIS APAC, and Latin America. The fourth segment is Sports Surfaces, with a product portfolio including turf football fields, basketball courts, and Benyon tracks.

Tarkett (XPAR:TKTT) Headlines

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