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Time Finance (FRA:B5D1) Price-to-Tangible-Book : 1.03 (As of May. 22, 2024)


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What is Time Finance Price-to-Tangible-Book?

As of today (2024-05-22), Time Finance's share price is €0.464. Time Finance's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was €0.45. Hence, Time Finance's Price to Tangible Book Ratio of today is 1.03.

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

FRA:B5D1' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.54   Med: 1.58   Max: 3.14
Current: 1.08

During the past 13 years, Time Finance's highest Price to Tangible Book Ratio was 3.14. The lowest was 0.54. And the median was 1.58.

FRA:B5D1's Price-to-Tangible-Book is ranked better than
51.2% of 498 companies
in the Credit Services industry
Industry Median: 1.07 vs FRA:B5D1: 1.08

A closely related ratio is called PB Ratio. As of today, Time Finance's share price is €0.464. Time Finance's Book Value per Sharefor the quarter that ended in Nov. 2023 was €0.79. Hence, Time Finance's P/B Ratio of today is 0.59.


Time Finance Price-to-Tangible-Book Historical Data

The historical data trend for Time Finance'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.

Time Finance Price-to-Tangible-Book Chart

Time Finance Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.96 0.59 0.74

Time Finance Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.63 0.59 0.49 0.74 0.86

Competitive Comparison of Time Finance's Price-to-Tangible-Book

For the Credit Services subindustry, Time Finance'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.


Time Finance's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Time Finance's Price-to-Tangible-Book distribution charts can be found below:

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



Time Finance Price-to-Tangible-Book Calculation

Time Finance's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=0.464/0.452
=1.03

* 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.

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.


Time Finance Price-to-Tangible-Book Related Terms

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


Time Finance (FRA:B5D1) Business Description

Traded in Other Exchanges
Address
The Square, Lower Bristol Road, St James House, Bath, GBR, BA2 3BH
Time Finance PLC is a part of the financial services domain in the United Kingdom. The company's principal business involves the provision of financial services to SMEs (small and medium sized enterprises) in the United Kingdom. The company operates in Asset Finance, Vehicle Finance, Loan Finance, and Invoice Finance. It generates most of the revenue from the Asset Finance division.

Time Finance (FRA:B5D1) Headlines

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