TFI Price To Book Ratio from 2010 to 2024

TFII Stock  USD 148.04  3.59  2.49%   
TFI International's Price To Book Ratio is decreasing with slightly volatile movements from year to year. Price To Book Ratio is estimated to finish at 8.56 this year. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
4.50788175
Current Value
8.56
Quarterly Volatility
11.89276306
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TFI International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TFI International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 464.1 M, Interest Expense of 110.7 M or Total Revenue of 7.9 B, as well as many indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0098 or PTB Ratio of 8.56. TFI financial statements analysis is a perfect complement when working with TFI International Valuation or Volatility modules.
  
Check out the analysis of TFI International Correlation against competitors.
For more detail on how to invest in TFI Stock please use our How to Invest in TFI International guide.

Latest TFI International's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of TFI International over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. TFI International's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TFI International's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

TFI Price To Book Ratio Regression Statistics

Arithmetic Mean6.59
Geometric Mean3.96
Coefficient Of Variation180.43
Mean Deviation5.94
Median3.17
Standard Deviation11.89
Sample Variance141.44
Range47.3337
R-Value(0.35)
Mean Square Error133.76
R-Squared0.12
Significance0.20
Slope(0.93)
Total Sum of Squares1,980

TFI Price To Book Ratio History

2024 8.56
2023 4.51
2022 3.64
2021 4.7
2020 2.57
2019 3.17
2018 2.69

About TFI International Financial Statements

Investors use fundamental indicators, such as TFI International's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although TFI International's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Price To Book Ratio 4.51  8.56 

Currently Active Assets on Macroaxis

When determining whether TFI International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TFI International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tfi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tfi International Stock:
Check out the analysis of TFI International Correlation against competitors.
For more detail on how to invest in TFI Stock please use our How to Invest in TFI International guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TFI International. If investors know TFI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TFI International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
1.6
Earnings Share
5.49
Revenue Per Share
97.9
Quarterly Revenue Growth
0.143
The market value of TFI International is measured differently than its book value, which is the value of TFI that is recorded on the company's balance sheet. Investors also form their own opinion of TFI International's value that differs from its market value or its book value, called intrinsic value, which is TFI International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TFI International's market value can be influenced by many factors that don't directly affect TFI International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TFI International's value and its price as these two are different measures arrived at by different means. Investors typically determine if TFI International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TFI International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.