Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products. The company offers texturants; nutritive sweeteners, such as high fructose corn syrup and dextrose; health and wellness ingredients; and stabilizers. It also provides industrial starches for paper, packaging, and industrial adhesives; acidulants, such as citric acid; and commodities comprising corn gluten feed and meal for animal nutrition, as well as corn oil and ethanol. In addition, the company engages in the treasury and insurance businesses; and provision of research and development services. Tate & Lyle PLC was incorporated in 1903 and is headquartered in London, the United Kingdom.
P/B ratio for Tate & Lyle plc (TATE.L)
P/B ratio as of 2023: 1.95
According to Tate & Lyle plc's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.95. At the end of 2022 the company had a P/B ratio of 2.67.
P/B ratio history for Tate & Lyle plc from 1985 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.95 |
| 2022 | 2.67 |
| 2021 | 1.81 |
| 2020 | 2.11 |
| 2019 | 1.87 |
| 2018 | 1.93 |
| 2017 | 1.59 |
| 2016 | 2.29 |
| 2015 | 2.25 |
| 2014 | 2.55 |
| 2013 | 2.54 |
| 2012 | 3.36 |
| 2011 | 2.74 |
| 2010 | 2.42 |
| 2009 | 2.16 |
| 2008 | 1.04 |
| 2007 | 2.36 |
| 2006 | 2.49 |
| 2005 | 2.59 |
| 2004 | 2.27 |
| 2003 | 1.27 |
| 2002 | 1.21 |
| 2001 | 1.60 |
| 2000 | 0.92 |
| 1999 | 0.81 |
| 1998 | 1.35 |
| 1997 | 1.70 |
| 1996 | 1.87 |
| 1995 | 2.11 |
| 1994 | 2.83 |
| 1993 | 2.64 |
| 1992 | 2.72 |
| 1991 | 3.14 |
| 1990 | 1.63 |
| 1989 | 2.02 |
| 1988 | 6.24 |
| 1987 | 6.87 |
| 1986 | 7.70 |
| 1985 | 7.76 |