Adient PLC Price to Tangible Book Ratio (P/TB) is -6.21 on June 03, 2024, a 25.35% change year over year. The price to tangible book ratio compares the market price per share of a company's stock to its tangible book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus goodwill and intangible assets, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's tangible assets relative to its market price. A higher ratio suggests that investors are willing to pay a higher price for each unit of tangible book value, indicating positive market sentiment.