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Amesite (FRA:VDE0) Price-to-Tangible-Book : 2.67 (As of Apr. 26, 2024)


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What is Amesite Price-to-Tangible-Book?

As of today (2024-04-26), Amesite's share price is €3.624. Amesite's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €1.36. Hence, Amesite's Price to Tangible Book Ratio of today is 2.67.

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

FRA:VDE0' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.76   Med: 1.71   Max: 7.2
Current: 2.27

During the past 5 years, Amesite's highest Price to Tangible Book Ratio was 7.20. The lowest was 0.76. And the median was 1.71.

FRA:VDE0's Price-to-Tangible-Book is ranked better than
65.68% of 2089 companies
in the Software industry
Industry Median: 3.57 vs FRA:VDE0: 2.27

A closely related ratio is called PB Ratio. As of today, Amesite's share price is €3.624. Amesite's Book Value per Sharefor the quarter that ended in Dec. 2023 was €1.58. Hence, Amesite's P/B Ratio of today is 2.30.


Amesite Price-to-Tangible-Book Historical Data

The historical data trend for Amesite'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.

Amesite Price-to-Tangible-Book Chart

Amesite Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
- - 6.01 1.76 1.88

Amesite Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 1.62 1.88 2.16 -

Competitive Comparison of Amesite's Price-to-Tangible-Book

For the Software - Application subindustry, Amesite'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.


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

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

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



Amesite Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=3.624/1.356
=2.67

* 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.


Amesite Price-to-Tangible-Book Related Terms

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


Amesite (FRA:VDE0) Business Description

Industry
Traded in Other Exchanges
Address
607 Shelby Street, Suite 700, PMB 214, Detroit, MI, USA, 48226
Amesite Inc is an artificial intelligence-driven platform and course designer that rapidly provides customized, high performance and scalable online products for schools and businesses. The company helps educational institutions and businesses improve learning as their technology partner, delivering a disruptive technology-driven by AI and offers a constellation of services that help partners implement new programs, and improve existing ones. Its customers are businesses, universities and colleges, and K-12 schools.

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