Tessenderlo Group NV (XBRU:TESB) Price-to-Tangible-Book : 0.97 (As of May. 16, 2024)

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What is Tessenderlo Group NV Price-to-Tangible-Book?

As of today (2024-05-16), Tessenderlo Group NV's share price is €25.05. Tessenderlo Group NV's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €25.82. Hence, Tessenderlo Group NV's Price to Tangible Book Ratio of today is 0.97.

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

XBRU:TESB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.95 Med: 2.32 Max: 2.93
Current: 0.97

During the past 13 years, Tessenderlo Group NV's highest Price to Tangible Book Ratio was 2.93. The lowest was 0.95. And the median was 2.32.

XBRU:TESB's Price-to-Tangible-Book is ranked better than
76.39% of 233 companies
in the Agriculture industry
Industry Median: 1.7 vs XBRU:TESB: 0.97

A closely related ratio is called PB Ratio. As of today, Tessenderlo Group NV's share price is €25.05. Tessenderlo Group NV's Book Value per Sharefor the quarter that ended in Dec. 2023 was €30.93. Hence, Tessenderlo Group NV's P/B Ratio of today is 0.81.

Tessenderlo Group NV Price-to-Tangible-Book Historical Data

The historical data trend for Tessenderlo Group NV'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.

Tessenderlo Group NV Price-to-Tangible-Book Chart

Tessenderlo Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.17

1.92

1.45

1.14

1.09

Tessenderlo Group NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.45	1.07	1.14	1.20	1.09

Competitive Comparison of Tessenderlo Group NV's Price-to-Tangible-Book

For the Agricultural Inputs subindustry, Tessenderlo Group NV'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.

Tessenderlo Group NV's Price-to-Tangible-Book Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Tessenderlo Group NV's Price-to-Tangible-Book distribution charts can be found below:

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

Tessenderlo Group NV Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	25.05	/	25.823
	=	0.97

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.

Tessenderlo Group NV Price-to-Tangible-Book Related Terms

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

Tessenderlo Group NV (XBRU:TESB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tessenderlo Group NV (XBRU:TESB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

0KCP:UK TEZ:Germany

Address

Troonstraat 130 Rue du Trone, Brussels, BEL, 1050

Website

https://www.tessenderlo.com

Tessenderlo Group NV is a diversified international agricultural and industrial company. The firm produces and sells products across four segments: Agro, Industrial Solutions, Bio-Valorization, and T-Power. The majority of its revenue comes from the Agro segment, which produces and sells liquid crop fertilizers, potassium sulfate, and crop protection products to the agriculture industry. The Industrial Solutions segment produces and sells plastic pipe systems, water treatment chemicals, and other industrial products. The Bio-Valorization segment processes animal by-products into gelatins for customers in the food, pharmaceutical, health, and nutrition industries. The company's revenue is generated in the United States.

Tessenderlo Group NV (XBRU:TESB) Headlines

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