Bechtle AG (Bechtle AG) Price-to-Tangible-Book

: 6.25 (As of Today)

View and export this data going back to 2019. Start your Free Trial

As of today (2024-04-23), Bechtle AG's share price is $9.65. Bechtle AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.55. Hence, Bechtle AG's Price to Tangible Book Ratio of today is 6.25.

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

BECTY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.56 Med: 5.94 Max: 12.48
Current: 6.43

During the past 13 years, Bechtle AG's highest Price to Tangible Book Ratio was 12.48. The lowest was 3.56. And the median was 5.94.

BECTY's Price-to-Tangible-Book is ranked worse than
67.93% of 2089 companies
in the Software industry
Industry Median: 3.51 vs BECTY: 6.43

A closely related ratio is called PB Ratio. As of today, Bechtle AG's share price is $9.65. Bechtle AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.02. Hence, Bechtle AG's P/B Ratio of today is 3.20.

Bechtle AG Price-to-Tangible-Book Historical Data

The historical data trend for Bechtle AG'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.

Bechtle AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

12.64

9.64

4.71

6.72

Bechtle AG 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																4.71	5.25	5.60	6.22	6.72

Competitive Comparison

For the Information Technology Services subindustry, Bechtle AG'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.

Bechtle AG Price-to-Tangible-Book Distribution

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

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

Bechtle AG Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	9.65	/	1.545
	=	6.25

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.

Bechtle AG Price-to-Tangible-Book Related Terms

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

Bechtle AG (Bechtle AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bechtle AG (OTCPK:BECTY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BHTLF:USA 0DPM:UK BC8:Germany BC8:Austria

Address

Bechtle Platz 1, Neckarsulm, BW, DEU, 74172

Website

https://www.bechtle.com

Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. Bechtle operates through two segments: IT System House and Managed Services, and IT E-commerce. The IT System House and Managed Services segment consist of IT strategy consulting, hardware and software sales, project planning and roll-out, system integrations, IT services and training, and client management, among others. The IT E-commerce segment includes e-procurement services, software solutions, and product marketing through the Internet and telemarketing.

Bechtle AG (Bechtle AG) Headlines

From GuruFocus

Invesco EQV European Equity Fund's 3rd-Quarter Commentary

By Sydnee Gatewood • 10-18-2022