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Titan Cement International (XBRU:TITC) Price-to-Tangible-Book : 1.92 (As of Jun. 09, 2024)


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What is Titan Cement International Price-to-Tangible-Book?

As of today (2024-06-09), Titan Cement International's share price is €30.85. Titan Cement International's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €16.10. Hence, Titan Cement International's Price to Tangible Book Ratio of today is 1.92.

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

XBRU:TITC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 1.19   Max: 1.92
Current: 1.92

During the past 8 years, Titan Cement International's highest Price to Tangible Book Ratio was 1.92. The lowest was 0.87. And the median was 1.19.

XBRU:TITC's Price-to-Tangible-Book is ranked worse than
62.67% of 375 companies
in the Building Materials industry
Industry Median: 1.36 vs XBRU:TITC: 1.92

A closely related ratio is called PB Ratio. As of today, Titan Cement International's share price is €30.85. Titan Cement International's Book Value per Sharefor the quarter that ended in Dec. 2023 was €20.85. Hence, Titan Cement International's P/B Ratio of today is 1.48.


Titan Cement International Price-to-Tangible-Book Historical Data

The historical data trend for Titan Cement International'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.

Titan Cement International Price-to-Tangible-Book Chart

Titan Cement International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 1.56 1.19 1.06 0.87 1.32

Titan Cement International Quarterly Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.87 1.23 1.11 1.32 -

Competitive Comparison of Titan Cement International's Price-to-Tangible-Book

For the Building Materials subindustry, Titan Cement International'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.


Titan Cement International's Price-to-Tangible-Book Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Titan Cement International's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Titan Cement International's Price-to-Tangible-Book falls into.



Titan Cement International Price-to-Tangible-Book Calculation

Titan Cement International's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=30.85/16.103
=1.92

* 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.

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

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.


Titan Cement International Price-to-Tangible-Book Related Terms

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


Titan Cement International (XBRU:TITC) Business Description

Traded in Other Exchanges
Address
Rue de la Loi 23, 7th Floor, P.O. Box 4, Brussels, BEL, 1040
Titan Cement International SA and its subsidiaries are engaged in the production, trade, and distribution of a wide range of construction materials, including cement, concrete, aggregates, cement blocks, dry mortars and fly ash. Its Geographical operating segment includes Greece and Western Europe; North America; South Eastern Europe and Eastern Mediterranean. The company derives a majority of revenue from North America.

Titan Cement International (XBRU:TITC) Headlines

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