As of today (2024-05-12), Tigo Energy's share price is $1.08. Tigo Energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.82. Hence, Tigo Energy's Price to Tangible Book Ratio of today is 1.31.
The historical rank and industry rank for Tigo Energy's Price-to-Tangible-Book or its related term are showing as below:
TYGO'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.31 Med: 2.54 Max: 2.54
Current: 1.32
During the past 3 years, Tigo Energy's highest Price to Tangible Book Ratio was 2.54. The lowest was 1.31. And the median was 2.54.
TYGO's Price-to-Tangible-Book is ranked better than 81.22% of 948
companies
in the Semiconductors industry
Industry Median: 2.59
vs TYGO: 1.32
Tigo Energy Price-to-Tangible-Book Historical Data
The historical data trend for Tigo Energy'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.
Competitive Comparison of Tigo Energy's Price-to-Tangible-Book
For the Solar subindustry, Tigo Energy'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.
Tigo Energy's Price-to-Tangible-Book Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Tigo Energy's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Tigo Energy's Price-to-Tangible-Book falls into.
Tigo Energy Price-to-Tangible-Book Calculation
Tigo Energy's price-to-tangible-book ratio for today is calculated as:
* 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.
Tigo Energy Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Tigo Energy's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Tigo Energy Inc designs innovative solar power conversion and storage products that provide customers more choice and flexibility. Its mission is to deliver smart hardware and software solutions that enhance safety, increase energy yield, and lower operating costs of residential, commercial, and utility-scale solar systems.
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