Plum Creek Timber Company (PCL)
Plum Creek Timber Company Tangible Common Equity Ratio: 28.54%
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PCL Tangible Common Equity Ratio Rankings
| Overall | 58th percentile | 1807 of 4390 |
| Sector | 30th percentile | 603 of 872 in Financial |
| Industry | 85th percentile | 2 of 14 in REIT - Industrial |
PCL Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 28.54% | Mar 2012 |
| Maximum | 43.12% | Jun 2007 |
| Average | 34.52% |
About Tangible Common Equity Ratio
The tangible common equity (TCE) ratio is a useful number to gauge leverage of a financial firm. Specifically, it answers the question: "How much can the value of a bank's assets fall before the entire value of tangible* common equity is wiped out?"
For example, assume a bank as a TCE ratio of 5%. If the value of all of the banks assets fell by 5%, theoretically stockholders would no longer have a claim on the bank's tangible assets.
Another way of thinking about the TCE ratio of 5% is that the remaining 95% of the bank's tangible assets have been purchased using loaned funds that the bank must repay.
This ratio is worth spending time with. Once investors understand its implications, they rarely look at banking businesses the same way.
* The word tangible, in accounting, essentially means anything that can be touched or traded. Cash, buildings, accounts receivable, inventories and stock holdings of a business are all tangible assets. Trade secrets, patents, copyrights, and goodwill are not tangible assets, even though they may have value.
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PCL News
May 08, 4:05PM Business Wire
May 01, 7:57AM Street Insider
about 31 days ago by earningscast
about 33 days ago by KillerSgt
about 63 days ago by MarketBrief
about 69 days ago by Global_Macro
about 87 days ago by earningscast
Feb 24, 4:29PM Business Wire
about 106 days ago by chinaWWWstocks
about 106 days ago by chinaWWWstocks
about 113 days ago by stocktrendcharts
about 120 days ago by 1nvestor
about 121 days ago by 1nvestor
about 122 days ago by Legacy_Trades
about 122 days ago by earningscast
about 129 days ago by DrCharts
about 147 days ago by Trade4Me
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PCL | 36.51 | +0.22 | +0.61% | 5.858B |
| PCH | 28.67 | +0.28 | +0.99% | 1.141B |
| PCG | 43.70 | +0.30 | +0.70% | 18.28B |
| PCE | 0.398 | +0.00 | +0.00% | 1.568M |
| PCCC | 9.01 | +0.14 | +1.58% | 234.52M |
| PCC | 8.08 | +0.06 | +0.75% | 84.77M |
| PCBK | 9.00 | -0.14 | -1.53% | 168.45M |
| PACB | 2.34 | +0.00 | +0.00% | 128.84M |
| PAC | 35.50 | -0.23 | -0.64% | 1.704B |
| PAA | 78.47 | -1.73 | -2.16% | 12.48B |