ToughBuilt Industries (TBLT)

P/B ratio as of January 2025 : -0.3340

According to ToughBuilt Industries 's latest financial reports the company has a price-to-book ratio of 0.042572.
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.

ToughBuilt Industries - P/B ratio (from 2018 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	-0.5981	-157.05%
2022-12-31	1.05	28.6%
2021-12-31	0.8152	-50.63%
2020-12-31	1.65	-19.28%
2019-12-31	2.05	-435.81%
2018-12-31	-0.6091
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
ToughBuilt Industries TBLT	-0.3340	0.00%	🇺🇸 USA
Lifetime Brands LCUT	0.6193	-285.41%	🇺🇸 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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ToughBuilt Industries (TBLT) - P/B ratio