Tennant Company (TNC) - P/B ratio

P/B ratio as of December 2024 : 2.53

According to Tennant Company 's latest financial reports the company has a price-to-book ratio of 1.25919.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Tennant Company - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	2.56	-14.57%
2023-12-31	2.99	23.45%
2022-12-31	2.43	-29.75%
2021-12-31	3.45	8.16%
2020-12-31	3.19	-19.28%
2019-12-31	3.95	32.43%
2018-12-31	2.99	-31.28%
2017-12-31	4.35	-3.58%
2016-12-31	4.51	13.86%
2015-12-31	3.96	-16.41%
2014-12-31	4.74	-0.36%
2013-12-31	4.75	37.65%
2012-12-31	3.45	4.29%
2011-12-31	3.31	-2.16%
2010-12-31	3.38	26.96%
2009-12-31	2.66	98.65%
2008-12-31	1.34	-58.67%
2007-12-31	3.25	37.07%
2006-12-31	2.37	-4.32%
2005-12-31	2.48	20.67%
2004-12-31	2.05	-12.78%
2003-12-31	2.35	23.81%
2002-12-31	1.90

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Middleby MIDD	2.04	-19.58%	🇺🇸 USA
Standex SXI	3.68	45.45%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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