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Tantalus Systems Holding (TSX:GRID) Book Value per Share : C$0.03 (As of Mar. 2024)


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What is Tantalus Systems Holding Book Value per Share?

Tantalus Systems Holding's book value per share for the quarter that ended in Mar. 2024 was C$0.03.

During the past 12 months, Tantalus Systems Holding's average Book Value Per Share Growth Rate was -52.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

Tantalus Systems Holding's current price is C$1.63. Its book value per share for the quarter that ended in Mar. 2024 was C$0.03. Hence, today's PB Ratio of Tantalus Systems Holding is 54.33.

During the past 3 years, the highest P/B Ratio of Tantalus Systems Holding was 63.33. The lowest was 6.43. And the median was 12.00.


Tantalus Systems Holding Book Value per Share Historical Data

The historical data trend for Tantalus Systems Holding's Book Value per Share 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.

Tantalus Systems Holding Book Value per Share Chart

Tantalus Systems Holding Annual Data
Trend Dec21 Dec22 Dec23
Book Value per Share
0.20 0.11 0.07

Tantalus Systems Holding Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share 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 0.06 0.04 0.02 0.07 0.03

Competitive Comparison of Tantalus Systems Holding's Book Value per Share

For the Electrical Equipment & Parts subindustry, Tantalus Systems Holding's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Tantalus Systems Holding's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tantalus Systems Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tantalus Systems Holding's PB Ratio falls into.



Tantalus Systems Holding Book Value per Share Calculation

Tantalus Systems Holding's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3.11-0.00)/44.60
=0.07

Tantalus Systems Holding's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1.34-0.00)/44.60
=0.03

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Tantalus Systems Holding  (TSX:GRID) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Tantalus Systems Holding Book Value per Share Related Terms

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Tantalus Systems Holding (TSX:GRID) Business Description

Traded in Other Exchanges
Address
3555 Gilmore Way, Suite 200, Burnaby, BC, CAN, V5G 0B3
Tantalus Systems Holding Inc Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Utility Software Applications and Services. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.
Executives
Peter Londa Director, Senior Officer

Tantalus Systems Holding (TSX:GRID) Headlines