Sermsang Power PCL (BKK:SSP) Price-to-Tangible-Book : 1.37 (As of May. 13, 2024)

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What is Sermsang Power PCL Price-to-Tangible-Book?

As of today (2024-05-13), Sermsang Power PCL's share price is ฿7.25. Sermsang Power PCL's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ฿5.28. Hence, Sermsang Power PCL's Price to Tangible Book Ratio of today is 1.37.

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

BKK:SSP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.37 Med: 2.66 Max: 3.13
Current: 1.37

During the past 10 years, Sermsang Power PCL's highest Price to Tangible Book Ratio was 3.13. The lowest was 1.37. And the median was 2.66.

BKK:SSP's Price-to-Tangible-Book is ranked better than
52.15% of 395 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.46 vs BKK:SSP: 1.37

A closely related ratio is called PB Ratio. As of today, Sermsang Power PCL's share price is ฿7.25. Sermsang Power PCL's Book Value per Sharefor the quarter that ended in Dec. 2023 was ฿5.90. Hence, Sermsang Power PCL's P/B Ratio of today is 1.23.

Sermsang Power PCL Price-to-Tangible-Book Historical Data

The historical data trend for Sermsang Power PCL'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.

Sermsang Power PCL Price-to-Tangible-Book Chart

Sermsang Power PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.47

3.13

2.93

1.83

1.52

Sermsang Power PCL 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															1.83	1.68	1.51	1.29	1.52

Competitive Comparison of Sermsang Power PCL's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Sermsang Power PCL'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.

Sermsang Power PCL's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sermsang Power PCL's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sermsang Power PCL's Price-to-Tangible-Book falls into.

Sermsang Power PCL Price-to-Tangible-Book Calculation

Sermsang Power PCL's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	7.25	/	5.28
	=	1.37

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Sermsang Power PCL Price-to-Tangible-Book Related Terms

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

Sermsang Power PCL (BKK:SSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sermsang Power Corporation PCL (BKK:SSP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

325/14 Lan Luang Road, Si Yaek Mahanak, Dusit, Bangkok, THA, 10300

Website

https://www.sermsang.com

Sermsang Power Corporation PCL is engaged in investment, consultancy, and provision of services for energy businesses to related parties. The company's operating segments are production and distribution of electricity from solar plants, Electricity distribution and installation services relating to the solar roof system, Production and distribution of electricity from wind power plants, Production and distribution of electricity from a biomass power plant, and others. The firm generates a majority of its revenue from the Production and distribution of electricity from the solar power plants segment. Geographically, the company generates a majority share of the revenue from Thailand.