TFI International Inc. provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items. The LTL segment is involved in the pickup, consolidation, transportation, and delivery of smaller loads. The TL segment offers expedited transportation, flatbed, tank container, and dedicated services, as well as TL brokerage services. This segment carries full loads directly from the customer to the destination using a closed van or specialized equipment. The Logistics segment provides asset-light logistics services, including brokerage, freight forwarding, and transportation management, as well as small package parcel delivery. As of December 31, 2021, the company had 13,384 tractors, 50,091 trailers, and 9,428 independent contractors. The company was formerly known as TransForce Inc. and changed its name to TFI International Inc. in December 2016. TFI International Inc. is headquartered in Saint-Laurent, Canada.
P/B ratio for TFI International Inc. (TFII)
P/B ratio as of 2023: 4.51
According to TFI International Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 4.51. At the end of 2022 the company had a P/B ratio of 3.64.
P/B ratio history for TFI International Inc. from 1997 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 4.51 |
| 2022 | 3.64 |
| 2021 | 4.70 |
| 2020 | 2.57 |
| 2019 | 3.17 |
| 2018 | 2.69 |
| 2017 | 2.65 |
| 2016 | 3.03 |
| 2015 | 3.23 |
| 2014 | 3.33 |
| 2013 | 3.14 |
| 2012 | 2.58 |
| 2011 | 1.87 |
| 2010 | 1.97 |
| 2009 | 1.48 |
| 2008 | 0.86 |
| 2007 | 1.58 |
| 2006 | 2.28 |
| 2005 | 3.64 |
| 2004 | 3.64 |
| 2003 | 5.36 |
| 2002 | 8.44 |
| 2001 | 20.53 |
| 2000 | 19.98 |
| 1999 | 27.09 |
| 1998 | 22.88 |
| 1997 | 49.21 |