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Dropsuite (ASX:DSE) Price-to-Tangible-Book : 6.92 (As of Apr. 29, 2024)


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What is Dropsuite Price-to-Tangible-Book?

As of today (2024-04-29), Dropsuite's share price is A$0.27. Dropsuite's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.04. Hence, Dropsuite's Price to Tangible Book Ratio of today is 6.92.

The historical rank and industry rank for Dropsuite's Price-to-Tangible-Book or its related term are showing as below:

ASX:DSE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.07   Med: 6   Max: 29
Current: 6.75

During the past 13 years, Dropsuite's highest Price to Tangible Book Ratio was 29.00. The lowest was 0.07. And the median was 6.00.

ASX:DSE's Price-to-Tangible-Book is ranked worse than
68.42% of 2087 companies
in the Software industry
Industry Median: 3.65 vs ASX:DSE: 6.75

A closely related ratio is called PB Ratio. As of today, Dropsuite's share price is A$0.27. Dropsuite's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.04. Hence, Dropsuite's P/B Ratio of today is 6.92.


Dropsuite Price-to-Tangible-Book Historical Data

The historical data trend for Dropsuite'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.

* Premium members only.

Dropsuite Price-to-Tangible-Book Chart

Dropsuite Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.00 29.00 7.19 5.14 7.31

Dropsuite Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.19 5.91 5.14 8.24 7.31

Competitive Comparison of Dropsuite's Price-to-Tangible-Book

For the Software - Application subindustry, Dropsuite'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.


Dropsuite's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Dropsuite's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Dropsuite's Price-to-Tangible-Book falls into.



Dropsuite Price-to-Tangible-Book Calculation

Dropsuite's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.27/0.039
=6.92

* 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.


Dropsuite Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Dropsuite's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Dropsuite (ASX:DSE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
14 Emerald Terrace, West Perth, Perth, WA, AUS, 6005
Dropsuite Ltd is a cloud-based software service provider. The company enables small and medium-sized enterprises to easily backup, recover and protect their business information. Its products include Website and database backup, Email backup and archiving and File-based server backup. The operating segment of the company is the Provision of Backup Services.