As of today (2024-04-25), Oblong's share price is $0.1131. Oblong's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.33. Hence, Oblong's Price to Tangible Book Ratio of today is 0.34.
The historical rank and industry rank for Oblong's Price-to-Tangible-Book or its related term are showing as below:
OBLG'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32 Med: 3 Max: 8.75
Current: 0.34
During the past 13 years, Oblong's highest Price to Tangible Book Ratio was 8.75. The lowest was 0.32. And the median was 3.00.
OBLG's Price-to-Tangible-Book is ranked better than 97.75% of 2089
companies
in the Software industry
Industry Median: 3.6
vs OBLG: 0.34
A closely related ratio is called PB Ratio. As of today, Oblong's share price is $0.1131. Oblong's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.33. Hence, Oblong's P/B Ratio of today is 0.34.
Oblong Price-to-Tangible-Book Historical Data
The historical data trend for Oblong'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 Oblong's Price-to-Tangible-Book
For the Software - Application subindustry, Oblong'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.
Oblong's Price-to-Tangible-Book Distribution in the Software Industry
For the Software industry and Technology sector, Oblong's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Oblong's Price-to-Tangible-Book falls into.
Oblong Price-to-Tangible-Book Calculation
Oblong'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.
Oblong Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Oblong's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Oblong Inc delivers visual solutions for collaboration and computing environments. The company's flagship product Mezzanine is the technology platform that defines computing: simultaneous multi-user, multi-screen, multi-device, and multi-location for dynamic and immersive visual collaboration. Mezzanine transforms routine meetings and workflows into agile, engaging experiences by making data visible and accessible in a collaborative setting. Mezzanine enables multiple, concurrent pieces of content to be shared, manipulated, created, and captured across distance. It serves various industries including aerospace, consulting, executive search, broadcast media, technology, financial services, education, healthcare, real estate, retail, construction, hospitality, and government, among others.
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