Coveo Solutions (TSX:CVO) Price-to-Tangible-Book : 4.42 (As of May. 09, 2024)

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What is Coveo Solutions Price-to-Tangible-Book?

As of today (2024-05-09), Coveo Solutions's share price is C$8.40. Coveo Solutions's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$1.90. Hence, Coveo Solutions's Price to Tangible Book Ratio of today is 4.42.

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

TSX:CVO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.07 Med: 3.98 Max: 6.04
Current: 4.42

During the past 5 years, Coveo Solutions's highest Price to Tangible Book Ratio was 6.04. The lowest was 2.07. And the median was 3.98.

TSX:CVO's Price-to-Tangible-Book is ranked worse than
54.93% of 2090 companies
in the Software industry
Industry Median: 3.67 vs TSX:CVO: 4.42

A closely related ratio is called PB Ratio. As of today, Coveo Solutions's share price is C$8.40. Coveo Solutions's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$2.37. Hence, Coveo Solutions's P/B Ratio of today is 3.55.

Coveo Solutions Price-to-Tangible-Book Historical Data

The historical data trend for Coveo Solutions'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.

Coveo Solutions Price-to-Tangible-Book Chart

Coveo Solutions Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

3.98

3.38

Coveo Solutions Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial											3.88	3.38	4.45	5.28	5.05

Competitive Comparison of Coveo Solutions's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Coveo 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.

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

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

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

Coveo Solutions Price-to-Tangible-Book Calculation

Coveo Solutions's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	8.40	/	1.901
	=	4.42

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.

Coveo Solutions Price-to-Tangible-Book Related Terms

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

Coveo Solutions (TSX:CVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Coveo Solutions Inc (TSX:CVO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CVOSF:USA I94:Germany

Address

3175 des Quatre-Bourgeois, Suite 200, Quebec, QC, CAN, G1W 2K7

Website

https://www.coveo.com

Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The company's solutions provide value to its customers by helping drive revenue growth, reduce customer support costs, increase customer satisfaction and website engagement, and improve employee proficiency and satisfaction.

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