init innovation in traffic systems SE (XTER:IXX) Price-to-Tangible-Book : 4.67 (As of May. 15, 2024)

View and export this data going back to 2001. Start your Free Trial

What is init innovation in traffic systems SE Price-to-Tangible-Book?

As of today (2024-05-15), init innovation in traffic systems SE's share price is €39.00. init innovation in traffic systems SE's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €8.35. Hence, init innovation in traffic systems SE's Price to Tangible Book Ratio of today is 4.67.

The historical rank and industry rank for init innovation in traffic systems SE's Price-to-Tangible-Book or its related term are showing as below:

XTER:IXX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.5 Med: 3.36 Max: 5.58
Current: 4.67

During the past 13 years, init innovation in traffic systems SE's highest Price to Tangible Book Ratio was 5.58. The lowest was 2.50. And the median was 3.36.

XTER:IXX's Price-to-Tangible-Book is ranked worse than
59.08% of 2092 companies
in the Software industry
Industry Median: 3.635 vs XTER:IXX: 4.67

A closely related ratio is called PB Ratio. As of today, init innovation in traffic systems SE's share price is €39.00. init innovation in traffic systems SE's Book Value per Sharefor the quarter that ended in Dec. 2023 was €12.21. Hence, init innovation in traffic systems SE's P/B Ratio of today is 3.19.

init innovation in traffic systems SE Price-to-Tangible-Book Historical Data

The historical data trend for init innovation in traffic systems SE'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.

init innovation in traffic systems SE Price-to-Tangible-Book Chart

init innovation in traffic systems SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.42

5.58

4.52

3.01

3.65

init innovation in traffic systems SE 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															3.01	3.64	3.94	2.96	3.65

Competitive Comparison of init innovation in traffic systems SE's Price-to-Tangible-Book

For the Information Technology Services subindustry, init innovation in traffic systems SE'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.

init innovation in traffic systems SE's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, init innovation in traffic systems SE's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where init innovation in traffic systems SE's Price-to-Tangible-Book falls into.

init innovation in traffic systems SE Price-to-Tangible-Book Calculation

init innovation in traffic systems SE's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	39.00	/	8.351
	=	4.67

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.

init innovation in traffic systems SE Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of init innovation in traffic systems SE's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

init innovation in traffic systems SE (XTER:IXX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » init innovation in traffic systems SE (XTER:IXX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

IXX:Germany IXX:Germany IXX:Germany

Address

Kaeppelestrasse 4-10, Karlsruhe, BW, DEU, D-76131

Website

https://www.initag.com

init innovation in traffic systems SE is an international system supplier of transportation telematics. The company develops and supplies integrated planning, dispatching, telematics and ticketing systems for buses and trains. The firm develops, produces, integrates, installs, and maintains software and hardware products for the planning, management, and optimization of transport companies. It offers research and development, planning and dispatching, analyzing and optimizing, ticketing and fare management, operations control and real-time passenger information, and service and maintenance solutions. Geographical presence of the company is in Germany, North America, Europe, Australia and UAE.

Executives

Dr. Gottfried Greschner	Board of Directors
Jörg Munz	Board of Directors
Dr. Jürgen Greschner	Board of Directors

init innovation in traffic systems SE (XTER:IXX) Headlines

No Headlines