Strip Tinning Holdings (LSE:STG) Price-to-Tangible-Book : 1.71 (As of May. 11, 2024)

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What is Strip Tinning Holdings Price-to-Tangible-Book?

As of today (2024-05-11), Strip Tinning Holdings's share price is £0.46. Strip Tinning Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.27. Hence, Strip Tinning Holdings's Price to Tangible Book Ratio of today is 1.71.

The historical rank and industry rank for Strip Tinning Holdings's Price-to-Tangible-Book or its related term are showing as below:

LSE:STG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.58 Med: 1.77 Max: 1.95
Current: 1.7

During the past 7 years, Strip Tinning Holdings's highest Price to Tangible Book Ratio was 1.95. The lowest was 1.58. And the median was 1.77.

LSE:STG's Price-to-Tangible-Book is ranked better than
50.42% of 1198 companies
in the Vehicles & Parts industry
Industry Median: 1.71 vs LSE:STG: 1.70

A closely related ratio is called PB Ratio. As of today, Strip Tinning Holdings's share price is £0.46. Strip Tinning Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.38. Hence, Strip Tinning Holdings's P/B Ratio of today is 1.23.

Strip Tinning Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Strip Tinning Holdings'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.

Strip Tinning Holdings Price-to-Tangible-Book Chart

Strip Tinning Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.95

1.58

Strip Tinning Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial					-	2.04	1.95	2.06	1.58

Competitive Comparison of Strip Tinning Holdings's Price-to-Tangible-Book

For the Auto Parts subindustry, Strip Tinning Holdings'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.

Strip Tinning Holdings's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Strip Tinning Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Strip Tinning Holdings's Price-to-Tangible-Book falls into.

Strip Tinning Holdings Price-to-Tangible-Book Calculation

Strip Tinning Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.46	/	0.269
	=	1.71

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.

Strip Tinning Holdings Price-to-Tangible-Book Related Terms

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

Strip Tinning Holdings (LSE:STG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Strip Tinning Holdings PLC (LSE:STG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arden Road, Arden Business Park, Frankley, Birmingham, West Midlands, GBR, B45 0JA

Website

https://www.striptinning.com

Strip Tinning Holdings PLC manufactures specialist flexible electrical connectors related primarily to heating and antennae systems embedded within automotive glazing and to the connection of the cells within electric vehicle battery packs, increasingly using flexible and lightweight printed circuit technology that also has growing applications elsewhere within vehicles. The group consists of two business lines: Glazing and EV.