Safeguard Scientifics (FRA:SFU) Price-to-Tangible-Book : 0.58 (As of May. 15, 2024)

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What is Safeguard Scientifics Price-to-Tangible-Book?

As of today (2024-05-15), Safeguard Scientifics's share price is €0.64. Safeguard Scientifics's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €1.11. Hence, Safeguard Scientifics's Price to Tangible Book Ratio of today is 0.58.

The historical rank and industry rank for Safeguard Scientifics's Price-to-Tangible-Book or its related term are showing as below:

FRA:SFU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 1.87 Max: 2.82
Current: 0.79

During the past 13 years, Safeguard Scientifics's highest Price to Tangible Book Ratio was 2.82. The lowest was 0.65. And the median was 1.87.

FRA:SFU's Price-to-Tangible-Book is ranked better than
54.29% of 1619 companies
in the Asset Management industry
Industry Median: 0.96 vs FRA:SFU: 0.79

A closely related ratio is called PB Ratio. As of today, Safeguard Scientifics's share price is €0.64. Safeguard Scientifics's Book Value per Sharefor the quarter that ended in Dec. 2023 was €1.11. Hence, Safeguard Scientifics's P/B Ratio of today is 0.58.

Safeguard Scientifics Price-to-Tangible-Book Historical Data

The historical data trend for Safeguard Scientifics'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.

Safeguard Scientifics Price-to-Tangible-Book Chart

Safeguard Scientifics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.22

2.04

2.27

1.38

Safeguard Scientifics 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															1.38	0.83	0.88	0.55	-

Competitive Comparison of Safeguard Scientifics's Price-to-Tangible-Book

For the Asset Management subindustry, Safeguard Scientifics'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.

Safeguard Scientifics's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Safeguard Scientifics's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Safeguard Scientifics's Price-to-Tangible-Book falls into.

Safeguard Scientifics Price-to-Tangible-Book Calculation

Safeguard Scientifics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.64	/	1.11
	=	0.58

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Safeguard Scientifics Price-to-Tangible-Book Related Terms

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

Safeguard Scientifics (FRA:SFU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Safeguard Scientifics Inc (FRA:SFU) » Definitions » Price-to-Tangible-Book

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SFE:USA

Address

150 N. Radnor Chester Road, Suite F-200, Radnor, PA, USA, 19087

Website

https://www.safeguard.com

Safeguard Scientifics Inc is engaged in the development of early- and growth-stage businesses by providing capital and relevant expertise to fuel the growth of an attractive portfolio of technology-enabled healthcare, digital media, and other companies. Safeguard generally promotes the growth and development of these companies through Board representation and minority equity ownership. In addition to supporting the companies, Safeguard's strategy focuses on pursuing monetization opportunities in order to return value to shareholders.

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