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Technoplus Ventures (XTAE:TNPV) Price-to-Tangible-Book : 1.00 (As of Jun. 03, 2024)


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What is Technoplus Ventures Price-to-Tangible-Book?

As of today (2024-06-03), Technoplus Ventures's share price is ₪8.218. Technoplus Ventures's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₪8.23. Hence, Technoplus Ventures's Price to Tangible Book Ratio of today is 1.00.

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

XTAE:TNPV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.28   Med: 0.6   Max: 1.43
Current: 0.98

During the past 11 years, Technoplus Ventures's highest Price to Tangible Book Ratio was 1.43. The lowest was 0.28. And the median was 0.60.

XTAE:TNPV's Price-to-Tangible-Book is ranked worse than
55.48% of 1615 companies
in the Asset Management industry
Industry Median: 0.95 vs XTAE:TNPV: 0.98

A closely related ratio is called PB Ratio. As of today, Technoplus Ventures's share price is ₪8.218. Technoplus Ventures's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₪8.23. Hence, Technoplus Ventures's P/B Ratio of today is 1.00.


Technoplus Ventures Price-to-Tangible-Book Historical Data

The historical data trend for Technoplus Ventures'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.

Technoplus Ventures Price-to-Tangible-Book Chart

Technoplus Ventures Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.87 1.45 1.22 0.91

Technoplus Ventures 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.45 1.08 1.22 1.33 0.91

Competitive Comparison of Technoplus Ventures's Price-to-Tangible-Book

For the Asset Management subindustry, Technoplus Ventures'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.


Technoplus Ventures's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Technoplus Ventures's Price-to-Tangible-Book distribution charts can be found below:

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



Technoplus Ventures Price-to-Tangible-Book Calculation

Technoplus Ventures's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=8.218/8.232
=1.00

* 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.


Technoplus Ventures Price-to-Tangible-Book Related Terms

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


Technoplus Ventures (XTAE:TNPV) Business Description

Traded in Other Exchanges
N/A
Address
132, Menachem Begin Street, Triangle Tower, 31st floor, Three Azrieli Center, Tel-Aviv, ISR, 67023
Technoplus Ventures Ltd acts as an independent investment company. It focuses its investments in small to mid-sized mature and innovative companies that entail very small market and technology risks. It is focused on identifying and investing in small to mid-sized profitable growth companies, seeking equity or debt investment to support continuous growth.

Technoplus Ventures (XTAE:TNPV) Headlines

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