Ansarada Group (ASX:AND) Price-to-Tangible-Book

: 22.43 (As of Today)

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As of today (2024-04-23), Ansarada Group's share price is A$2.40. Ansarada Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.11. Hence, Ansarada Group's Price to Tangible Book Ratio of today is 22.43.

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

ASX:AND' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.85 Med: 13.32 Max: 22.43
Current: 21.82

During the past 5 years, Ansarada Group's highest Price to Tangible Book Ratio was 22.43. The lowest was 6.85. And the median was 13.32.

ASX:AND's Price-to-Tangible-Book is ranked worse than
90.19% of 2089 companies
in the Software industry
Industry Median: 3.52 vs ASX:AND: 21.82

A closely related ratio is called PB Ratio. As of today, Ansarada Group's share price is A$2.40. Ansarada Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.51. Hence, Ansarada Group's P/B Ratio of today is 4.74.

Ansarada Group Price-to-Tangible-Book Historical Data

The historical data trend for Ansarada Group'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.

Ansarada Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

9.09

6.85

19.70

10.56

Ansarada Group Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			17.44	19.70	22.22	10.56	16.07

Competitive Comparison

For the Software - Application subindustry, Ansarada Group'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.

Ansarada Group Price-to-Tangible-Book Distribution

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

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

Ansarada Group Price-to-Tangible-Book Calculation

Ansarada Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.40	/	0.107
	=	22.43

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.

Ansarada Group Price-to-Tangible-Book Related Terms

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

Ansarada Group (ASX:AND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ansarada Group Ltd (ASX:AND) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 George Street, Level 2, The Rocks, Sydney, NSW, AUS, 2000

Website

https://www.ansarada.com

Ansarada Group Ltd formerly thedocyard Ltd develops and provides cloud-based software for legal and finance organizations. It operates as a Software as a Service (SaaS) model with its clients being organizations that undertake complex transactions such as legal and accounting firms, corporate and financial advisers, financial institutions, and listed or multinational companies. Some services provided are Workflow management, Collaboration, Secure document management, and Project Management. Geographically, the majority of the business is done in the Australian market. The Group derives its revenue from subscription or transactional usage fees from customers for access to its cloud-based SaaS platform.

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