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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-25), TechTarget's share price is $27.25. TechTarget's Book Value per Share for the quarter that ended in Dec. 2023 was $7.85. Hence, TechTarget's PB Ratio of today is 3.47.
Good Sign:
TechTarget Inc stock PB Ratio (=3.51) is close to 5-year low of 3.39
The historical rank and industry rank for TechTarget's PB Ratio or its related term are showing as below:
During the past 13 years, TechTarget's highest PB Ratio was 14.93. The lowest was 0.85. And the median was 3.70.
During the past 12 months, TechTarget's average Book Value Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TechTarget was 43.30% per year. The lowest was -33.60% per year. And the median was 2.25% per year.
The historical data trend for TechTarget's PB Ratio 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.
TechTarget Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
PB Ratio | Get a 7-Day Free Trial | 4.80 | 8.21 | 12.73 | 5.88 | 4.44 |
TechTarget Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
PB Ratio | Get a 7-Day Free Trial | 5.88 | 4.91 | 4.28 | 4.12 | 4.44 |
For the Internet Content & Information subindustry, TechTarget's PB Ratio, along with its competitors' market caps and PB Ratio 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.
For the Interactive Media industry and Communication Services sector, TechTarget's PB Ratio distribution charts can be found below:
* The bar in red indicates where TechTarget's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
TechTarget's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Dec. 2023) |
= | 27.25 | / | 7.845 | |
= | 3.47 |
* 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:
PB Ratio | = | Market Cap | / | (Total Stockholders Equity | - | Preferred Stock) |
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
TechTarget (NAS:TTGT) PB Ratio Explanation
Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Thank you for viewing the detailed overview of TechTarget's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Rebecca Kitchens | officer: President | 7 APPLE ROCK RD, MILLIS MA 02054 |
Steven Niemiec | officer: Chief Operating Officer & CRO | 46 FARM STREET, DOVER MA 02030 |
Daniel T Noreck | officer: Chief Financial Officer | 75 HAMMOND STREET, WORCESTER MA 01610 |
Michael Cotoia | officer: Executive Vice President | C/O TECHTARGET, INC., 275 GROVE STREET, NEWTON MA 02466 |
Don Hawk | officer: President | C/O TECHTARGET, INC., 117 KENDRICK STREET, SUITE 800, NEEDHAM MA 02494 |
Perfecto Sanchez | director | 153 DIEHL ROAD, CALLICOON NY 12723 |
Roger M Marino | director | 115 ALKE STREET, SHERBORN MA 01770 |
Greg Strakosch | director, officer: Chief Executive Officer | C/O TECHTARGET, INC., 117 KENDRICK STREET, SUITE 800, NEEDHAM MA 02494 |
Bruce Levenson | director, 10 percent owner | C/O UNITED COMMUNICATIONS GROUP, 11300 ROCKVILLE PIKE, SUITE 1100, ROCKVILLE MD 20852 |
Houten Christina Van | director | C/O MIMECAST LTD., MIMECAST NA, INC., 191 SPRING STREET, LEXINGTON MA 02421 |
Kevin Beam | officer: Executive Vice President | C/O TECHTARGET, INC., 117 KENDRICK STREET, SUITE 800, NEEDHAM MA 02494 |
Leonard P Forman | director | C/O THE NEW YORK TIMES CO, 229 WEST 43RD ST, NEW YORK NY 10036 |
Nine Ten Partners Lp | 10 percent owner | 1603 ORRINGTON AVENUE, SUITE 1650, EVANSTON IL 60201 |
Russell Chad Mollen | 10 percent owner | 12600 HILL COUNTRY BLVD, SUITE R-230, AUSTIN TX 78738 |
James Shel Bradshaw | 10 percent owner | 12600 HILL COUNTRY BLVD, SUITE R-230, AUSTIN TX 78738 |
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