Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through four segments: Hospitality & Facilities Services - South, Hospitality & Facilities Services - Midwest, Government, and TCPL Keystone. It owns a network of specialty rental accommodation units with approximately 15,528 beds across 27 communities, which include 26 owned and 1 leased; and operates 1 community not owned or leased by the company. Target Hospitality Corp. also provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation, workforce community management, concierge, and laundry services. It serves the U.S. government, government contractors, investment grade natural resource development companies, and energy infrastructure companies. The company was founded in 1978 and is headquartered in The Woodlands, Texas.
P/B ratio for Target Hospitality Corp. (TH)
P/B ratio as of 2023: 2.61
According to Target Hospitality Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.61. At the end of 2022 the company had a P/B ratio of 7.33.
P/B ratio history for Target Hospitality Corp. from 2016 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.61 |
| 2022 | 7.33 |
| 2021 | 3.54 |
| 2020 | 1.53 |
| 2019 | 3.83 |
| 2018 | 1.17 |
| 2017 | 24710.15 |
| 2016 | 1.29 |