As of today (2024-04-26), ASGN's share price is $98.79. ASGN's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-10.99. Hence, ASGN's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for ASGN's Price-to-Tangible-Book or its related term are showing as below:
ASGN's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.57 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, ASGN's share price is $98.79. ASGN's Book Value per Sharefor the quarter that ended in Mar. 2024 was $39.69. Hence, ASGN's P/B Ratio of today is 2.49.
ASGN Price-to-Tangible-Book Historical Data
The historical data trend for ASGN's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of ASGN's Price-to-Tangible-Book
For the Information Technology Services subindustry, ASGN's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ASGN's Price-to-Tangible-Book Distribution in the Software Industry
For the Software industry and Technology sector, ASGN's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where ASGN's Price-to-Tangible-Book falls into.
ASGN Price-to-Tangible-Book Calculation
ASGN's price-to-tangible-book ratio for today is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
ASGN Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of ASGN's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
ASGN Inc is a provider of information technology (IT) services and professional solutions, including technology, creative, and digital, across the commercial and government sectors. It operates through two segments, Commercial and Federal Government. The Commercial Segment, which is their largest segment, provides consulting, creative digital marketing, and permanent placement services to Fortune 1000 clients and mid-market companies. The Federal Government Segment provides mission-critical solutions to the Department of Defense, intelligence agencies, and civilian agencies.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASGN has been successfully added to your 