Price to Tangible Book
Returns the price to tangible book value ratio.
Supported Symbols
| Type | Format | Example |
|---|---|---|
| US Stocks | SYMBOL | AAPL, MSFT |
| ETFs | SYMBOL | SPY, QQQ |
Syntax
=PriceToTangibleBook(Symbol)Returns
number
Returns the price to tangible book value ratio
Examples
=PriceToTangibleBook("AAPL")=PriceToTangibleBook("MSFT")=PriceToTangibleBook("GOOGL")=PriceToTangibleBook(A1)When to Use
- Fundamental analysis
- Company valuation
- Financial screening
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need historical data | Historical functions |
Common Issues & FAQ
Why am I getting "NA"?
Check that the symbol is valid and the company has reported financials.
Related Formulas
More MarketXLS Key Ratios formulas you can use in the same worksheet:
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