Target Hospitality (TH) Price to Book (2019 - 2026)
Target Hospitality's (TH) quarterly Price to Book came in at 5.52 in Q2 2026, up 211.54% year-over-year from 1.77 in Q2 2025, and up 123.55% quarter-over-quarter from 2.47 in Q1 2026.
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Analysis
Target Hospitality (TH) Price to Book (2019 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Price to Book for 8 consecutive years, with 5.52 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Book rose 211.54% year-over-year to 5.52 in Q2 2026; TTM through Jun 2026 was 5.52, a 211.54% increase from a year earlier, with the FY2025 full-year figure at 2.05, down 9.58% from the prior year.
- Price to Book was 5.52 for Q2 2026 at Target Hospitality, up from 2.47 in the prior quarter.
- Over five years, Price to Book peaked at 8.43 in Q3 2022 and troughed at 1.57 in Q1 2025.
- A 5-year average of 3.82 and a median of 2.76 in 2023 frame the typical range for Price to Book.
- Across the five-year window, Price to Book tumbled 65.33% in 2023 and surged 211.54% in 2026, its largest moves.
- Over 5 years, Price to Book stood at 7.56 in 2022, then plunged by 65.33% to 2.62 in 2023, then decreased by 13.37% to 2.27 in 2024, then declined by 9.58% to 2.05 in 2025, then jumped by 168.64% to 5.52 in 2026.
- The last three Price to Book figures came in at 5.52 (Q2 2026), 2.47 (Q1 2026), and 2.05 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 31.01 Bn | 30.98 Bn | 1.25 Bn |
| 2 | Herc Holdings | 4.81 Bn | 4.77 Bn | 713.00 Mn |
| 3 | EquipmentShare.com | 3.99 Bn | 3.55 Bn | 411.00 Mn |
| 4 | WillScot Holdings | 3.32 Bn | 3.32 Bn | 306.26 Mn |
| 5 | Mcgrath Rentcorp | 2.77 Bn | 2.77 Bn | 107.91 Mn |
| 6 | Custom Truck One Source | 2.19 Bn | 2.18 Bn | 123.97 Mn |
| 7 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn |
| 8 | NPK International | 997.69 Mn | 989.34 Mn | 30.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.52 |
| Mar 31, 2026 | 2.47 |
| Dec 31, 2025 | 2.05 |
| Sep 30, 2025 | 2.10 |
| Jun 30, 2025 | 1.77 |
| Mar 31, 2025 | 1.57 |
| Dec 31, 2024 | 2.27 |
| Sep 30, 2024 | 1.87 |
| Jun 30, 2024 | 2.20 |
| Mar 31, 2024 | 2.90 |
| Dec 31, 2023 | 2.62 |
| Sep 30, 2023 | 4.77 |
| Jun 30, 2023 | 4.70 |
| Mar 31, 2023 | 5.51 |
| Dec 31, 2022 | 7.56 |
| Sep 30, 2022 | 8.43 |
| Jun 30, 2022 | 4.46 |
| Mar 31, 2022 | 5.92 |
| Dec 31, 2021 | 3.73 |
| Sep 30, 2021 | 4.06 |
API Access
Target Hospitality Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "TH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();