Globesecure Technologies (NSE:GSTL) Price-to-Tangible-Book : 1.92 (As of May. 12, 2024)

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What is Globesecure Technologies Price-to-Tangible-Book?

As of today (2024-05-12), Globesecure Technologies's share price is ₹43.40. Globesecure Technologies's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹22.66. Hence, Globesecure Technologies's Price to Tangible Book Ratio of today is 1.92.

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

NSE:GSTL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.92 Med: 4.44 Max: 5.15
Current: 1.92

During the past 5 years, Globesecure Technologies's highest Price to Tangible Book Ratio was 5.15. The lowest was 1.92. And the median was 4.44.

NSE:GSTL's Price-to-Tangible-Book is ranked better than
75.24% of 2088 companies
in the Software industry
Industry Median: 3.61 vs NSE:GSTL: 1.92

A closely related ratio is called PB Ratio. As of today, Globesecure Technologies's share price is ₹43.40. Globesecure Technologies's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹22.66. Hence, Globesecure Technologies's P/B Ratio of today is 1.92.

Globesecure Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Globesecure 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.

* Premium members only.

Globesecure Technologies Price-to-Tangible-Book Chart

Globesecure Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

5.15

Globesecure Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	4.44	5.15	4.37

Competitive Comparison of Globesecure Technologies's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Globesecure 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.

Globesecure Technologies's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Globesecure Technologies's Price-to-Tangible-Book distribution charts can be found below:

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

Globesecure Technologies Price-to-Tangible-Book Calculation

Globesecure Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	43.40	/	22.655
	=	1.92

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.

Globesecure Technologies Price-to-Tangible-Book Related Terms

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

Globesecure Technologies (NSE:GSTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Globesecure Technologies Ltd (NSE:GSTL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-614, 215 Atrium, Kanakia Spacs, Near Courtyard Marriott Hotel, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.globesecure.in

Globesecure Technologies Ltd is a digital transformation company in India that offers cyber security services. The company's business line is classified into three divisions namely Cyber Security, Integrated Enterprise Solutions, and Managed Services including cyber forensics, cyber security, data security services, protection of computer networks, Email security, server consolidation and transformation, hosting, infrastructure-as-a-service, cloud-based big data and analytics solution, application modernization and others. The company generates its revenue from Sales of IT and IT-enabled services.

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