As of today (2024-04-24), Akamai Technologies's share price is $102.14. Akamai Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.00. Hence, Akamai Technologies's Price to Tangible Book Ratio of today is 12.76.
The historical rank and industry rank for Akamai Technologies's Price-to-Tangible-Book or its related term are showing as below:
AKAM'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.14 Med: 6.97 Max: 14.79
Current: 12.77
During the past 13 years, Akamai Technologies's highest Price to Tangible Book Ratio was 14.79. The lowest was 5.14. And the median was 6.97.
AKAM's Price-to-Tangible-Book is ranked worse than 82.58% of 2089
companies
in the Software industry
Industry Median: 3.59
vs AKAM: 12.77
A closely related ratio is called PB Ratio. As of today, Akamai Technologies's share price is $102.14. Akamai Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $30.40. Hence, Akamai Technologies's P/B Ratio of today is 3.36.
Akamai Technologies Price-to-Tangible-Book Historical Data
The historical data trend for Akamai Technologies'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.
For the Software - Infrastructure subindustry, Akamai Technologies'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.
Akamai Technologies Price-to-Tangible-Book Distribution
For the Software industry and Technology sector, Akamai Technologies's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Akamai Technologies's Price-to-Tangible-Book falls into.
* 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.
Akamai Technologies Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Akamai Technologies's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Akamai Technologies (Akamai Technologies) Business Description
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core delivery and computing businesses to protect customers from cyberthreats.
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