Converge Technology Solutions (TSX:CTS) Price-to-Tangible-Book : (As of May. 26, 2024)

Converge Technology Solutions Price-to-Tangible-Book Chart

Converge Technology Solutions Quarterly Data
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Competitive Comparison of Converge Technology Solutions's Price-to-Tangible-Book

For the Information Technology Services subindustry, Converge Technology Solutions'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.

Converge Technology Solutions's Price-to-Tangible-Book Distribution in the Software Industry

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

* The bar in red indicates where Converge Technology Solutions's Price-to-Tangible-Book falls into.

Converge Technology Solutions Price-to-Tangible-Book Calculation

Converge Technology Solutions'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.

Converge Technology Solutions Price-to-Tangible-Book Related Terms

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

Converge Technology Solutions (TSX:CTS) Business Description