Tennant CompanyTNCNYSE
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PB Ratio History
Trending lower, below historical average, slight contraction.
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Price-to-book ratio
Latest
2.47
↓ 28% below average
Average (9y)
3.42
Historical baseline
Range
High:4.48
Low:2.42
CAGR
-5.3%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 2.47 | -17.0% |
| 2023 | 2.97 | +22.9% |
| 2022 | 2.42 | -30.0% |
| 2021 | 3.46 | +8.7% |
| 2020 | 3.18 | -18.9% |
| 2019 | 3.92 | +31.9% |
| 2018 | 2.97 | -31.4% |
| 2017 | 4.34 | -3.2% |
| 2016 | 4.48 | +11.5% |
| 2015 | 4.02 | - |