As of today (2024-05-09), Zix's share price is $8.485. Zix's Tangible Book per Share of Sep. 2021 for the quarter that ended in Sep. 2021 was $-5.22. Hence, Zix's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Zix's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Zix's highest Price to Tangible Book Ratio was 91.96. The lowest was 0.00. And the median was 4.92.
ZIXI's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.67 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Zix's share price is $8.485. Zix's Book Value per Sharefor the quarter that ended in Sep. 2021 was $0.52. Hence, Zix's P/B Ratio of today is 16.38.
Zix Price-to-Tangible-Book Historical Data
The historical data trend for Zix'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 Zix's Price-to-Tangible-Book
For the Software - Infrastructure subindustry, Zix'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.
Zix's Price-to-Tangible-Book Distribution in the Software Industry
For the Software industry and Technology sector, Zix's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Zix's Price-to-Tangible-Book falls into.
Zix Price-to-Tangible-Book Calculation
Zix'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.
Zix Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Zix's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Zix Corp is a provider of security software for organizations in the healthcare, financial services, insurance, and government sectors. Its services include email encryption, data loss prevention, and bring- your-own-device security to meet data protection and compliance needs. The firm's flagship Zix Email Encryption enables transparent encrypted email delivery through its patented Best Method of Delivery, a secure and convenient method for the recipient, and Zix Gateway, which encrypts and decrypts sensitive messages. The company derives revenue from subscription fees on a one- to three-year basis. The vast majority of the firm's revenue is generated in the United States.
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