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IAR Systems Group AB (IAR Systems Group AB) Price-to-Tangible-Book : 9.66 (As of Apr. 29, 2024)


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What is IAR Systems Group AB Price-to-Tangible-Book?

As of today (2024-04-29), IAR Systems Group AB's share price is $8.63. IAR Systems Group AB's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.89. Hence, IAR Systems Group AB's Price to Tangible Book Ratio of today is 9.66.

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

IARGF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 9.19   Med: 27.38   Max: 104.32
Current: 14.88

During the past 13 years, IAR Systems Group AB's highest Price to Tangible Book Ratio was 104.32. The lowest was 9.19. And the median was 27.38.

IARGF's Price-to-Tangible-Book is ranked worse than
85.05% of 2087 companies
in the Software industry
Industry Median: 3.65 vs IARGF: 14.88

A closely related ratio is called PB Ratio. As of today, IAR Systems Group AB's share price is $8.63. IAR Systems Group AB's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.05. Hence, IAR Systems Group AB's P/B Ratio of today is 2.83.


IAR Systems Group AB Price-to-Tangible-Book Historical Data

The historical data trend for IAR Systems Group AB'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.

IAR Systems Group AB Price-to-Tangible-Book Chart

IAR Systems Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.75 77.33 26.38 16.89 9.66

IAR Systems Group AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 16.89 13.67 14.00 11.60 9.66

Competitive Comparison of IAR Systems Group AB's Price-to-Tangible-Book

For the Software - Application subindustry, IAR Systems Group AB'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.


IAR Systems Group AB's Price-to-Tangible-Book Distribution in the Software Industry

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

* The bar in red indicates where IAR Systems Group AB's Price-to-Tangible-Book falls into.



IAR Systems Group AB Price-to-Tangible-Book Calculation

IAR Systems Group AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=8.63/0.893
=9.66

* 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.


IAR Systems Group AB Price-to-Tangible-Book Related Terms

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


IAR Systems Group AB (IAR Systems Group AB) Business Description

Traded in Other Exchanges
Address
Strandbodgatan 1A, Stockholm, SWE, SE-75323
IAR Systems Group AB provides software for the programming processors in embedded systems. The company's customers mainly operate in industrial automation, medical technology, IOT, consumer electronics, and automotive industries that develop products based on 8-, 16, 32-bit processors. Its flagship product is IAR embedded workbench. Geographically, it derives a majority of revenue from the Americas and also has a presence in Asia, EMEA, and the Nordic region.

IAR Systems Group AB (IAR Systems Group AB) Headlines

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