Price To Tangible Book Ratio (Historical)
Price divided by tangible book value (excludes intangibles).
Syntax
=hf_Price_to_tangible_book_ratio(Symbol, Year, [Quarter], [TTM])Parameters
symbolstringRequired
yearstringRequired
quarterstring
TTMstring
Returns
number
Price to tangible book ratio
Examples
=hf_Price_to_tangible_book_ratio("AAPL", 2023)When to Use
- Valuation excluding intangibles
- Asset-based valuation
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need P/B with intangibles | Price_To_Book() |
Related Formulas
More MarketXLS Historical Fundamentals formulas you can use in the same worksheet:
Get Access to 1 Billion Usable Market data points IN YOUR EXCEL SHEETS WITH EASY TO USE EXCEL FUNCTIONS
Get started today
▶
How does MarketXLS work?