LT Group (PHS:LTG) Price-to-Tangible-Book : 0.51 (As of May. 11, 2024)

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What is LT Group Price-to-Tangible-Book?

As of today (2024-05-11), LT Group's share price is ₱10.04. LT Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₱19.64. Hence, LT Group's Price to Tangible Book Ratio of today is 0.51.

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

PHS:LTG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.46 Med: 0.9 Max: 1.39
Current: 0.51

During the past 13 years, LT Group's highest Price to Tangible Book Ratio was 1.39. The lowest was 0.46. And the median was 0.90.

PHS:LTG's Price-to-Tangible-Book is ranked better than
79.04% of 477 companies
in the Conglomerates industry
Industry Median: 1.17 vs PHS:LTG: 0.51

A closely related ratio is called PB Ratio. As of today, LT Group's share price is ₱10.04. LT Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₱19.64. Hence, LT Group's P/B Ratio of today is 0.51.

LT Group Price-to-Tangible-Book Historical Data

The historical data trend for LT Group'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.

LT Group Price-to-Tangible-Book Chart

LT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.70

0.78

0.57

0.51

0.46

LT Group 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															0.51	0.53	0.50	0.47	0.46

Competitive Comparison of LT Group's Price-to-Tangible-Book

For the Conglomerates subindustry, LT Group'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.

LT Group's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, LT Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where LT Group's Price-to-Tangible-Book falls into.

LT Group Price-to-Tangible-Book Calculation

LT Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	10.04	/	19.638
	=	0.51

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.

LT Group Price-to-Tangible-Book Related Terms

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

LT Group (PHS:LTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » LT Group Inc (PHS:LTG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

30th Street Corner Rizal Drive, 11th Floor, Unit 3 Bench Tower, Crescent Park West 5, Bonifacio Global City, Taguig, PHL, 1634

Website

https://www.ltg.com.ph

LT Group Inc has banking, property development, distilled spirits, beverage, and tobacco businesses. The company operates in the Philippines. LT's Banking business provides a full range of banking and other financial services to government, corporate, and retail customers, and it accounts for roughly half of the company's total income. The remaining income is split between the following businesses: Distilled Spirits, which manufactures and sells rum and spirits; Beverages, which produces and sells beer, soft drinks, and bottled water; Tobacco, which manufactures and sells cigarettes and other tobacco products; and Property Development, which develops, leases, manages, and sells residential real estate, but also commercial, industrial, and urban properties.

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