GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Teleste Oyj (OHEL:TLT1V) » Definitions » Price-to-Tangible-Book

Teleste Oyj (OHEL:TLT1V) Price-to-Tangible-Book : 3.07 (As of May. 28, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Teleste Oyj Price-to-Tangible-Book?

As of today (2024-05-28), Teleste Oyj's share price is €2.99. Teleste Oyj's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €0.98. Hence, Teleste Oyj's Price to Tangible Book Ratio of today is 3.07.

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

OHEL:TLT1V' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.54   Med: 3.94   Max: 5.38
Current: 3.05

During the past 13 years, Teleste Oyj's highest Price to Tangible Book Ratio was 5.38. The lowest was 2.54. And the median was 3.94.

OHEL:TLT1V's Price-to-Tangible-Book is ranked worse than
69.44% of 2297 companies
in the Hardware industry
Industry Median: 2.06 vs OHEL:TLT1V: 3.05

A closely related ratio is called PB Ratio. As of today, Teleste Oyj's share price is €2.99. Teleste Oyj's Book Value per Sharefor the quarter that ended in Mar. 2024 was €3.34. Hence, Teleste Oyj's P/B Ratio of today is 0.89.


Teleste Oyj Price-to-Tangible-Book Historical Data

The historical data trend for Teleste Oyj'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.

Teleste Oyj Price-to-Tangible-Book Chart

Teleste Oyj 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 3.35 4.20 3.97 3.35 2.75

Teleste Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.04 3.08 2.79 2.75 3.26

Competitive Comparison of Teleste Oyj's Price-to-Tangible-Book

For the Communication Equipment subindustry, Teleste Oyj'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.


Teleste Oyj's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Teleste Oyj's Price-to-Tangible-Book distribution charts can be found below:

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



Teleste Oyj Price-to-Tangible-Book Calculation

Teleste Oyj's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=2.99/0.975
=3.07

* 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.


Teleste Oyj Price-to-Tangible-Book Related Terms

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


Teleste Oyj (OHEL:TLT1V) Business Description

Traded in Other Exchanges
Address
Telestenkatu 1, P.O. Box 323, Littoinen, FIN, 20660
Teleste Oyj is an integrated product and service portfolio that makes it possible to build a networked and secure society. The group's solutions enable television and broadband services, secure safety in public places, and support the smooth use of public transport. The group also operates in broadband, security, information technologies, and related services. Its geographical segments are Finland, Nordic countries, Other Europe, and Others.

Teleste Oyj (OHEL:TLT1V) Headlines

No Headlines