TPT Global Tech (TPT Global Tech) Price-to-Tangible-Book : (As of Jun. 08, 2024)

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What is TPT Global Tech Price-to-Tangible-Book?

As of today (2024-06-08), TPT Global Tech's share price is $0.0003. TPT Global Tech's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-0.04. Hence, TPT Global Tech's Price to Tangible Book Ratio of today is .

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

TPTW's Price-to-Tangible-Book is not ranked ^*
in the Hardware industry.
Industry Median: 2.06
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, TPT Global Tech's share price is $0.0003. TPT Global Tech's Book Value per Sharefor the quarter that ended in Mar. 2024 was $-0.04. Hence, TPT Global Tech's P/B Ratio of today is .

TPT Global Tech Price-to-Tangible-Book Historical Data

The historical data trend for TPT Global Tech'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.

TPT Global Tech Price-to-Tangible-Book Chart

TPT Global Tech Annual Data

Trend

Dec05

Dec06

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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TPT Global Tech Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of TPT Global Tech's Price-to-Tangible-Book

For the Communication Equipment subindustry, TPT Global Tech'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.

TPT Global Tech's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TPT Global Tech's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where TPT Global Tech's Price-to-Tangible-Book falls into.

TPT Global Tech Price-to-Tangible-Book Calculation

TPT Global Tech's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.0003	/	-0.036
	=

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.

TPT Global Tech Price-to-Tangible-Book Related Terms

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

TPT Global Tech (TPT Global Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TPT Global Tech Inc (OTCPK:TPTW) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

501 West Broadway, Suite 800, San Diego, CA, USA, 92101

Website

https://www.tptglobaltech.com

TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).