PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Price-to-Tangible-Book

: 2.53 (As of Today)

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As of today (2024-04-24), PT Goto Gojek Tokopedia Tbk's share price is Rp61.00. PT Goto Gojek Tokopedia Tbk's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was Rp24.13. Hence, PT Goto Gojek Tokopedia Tbk's Price to Tangible Book Ratio of today is 2.53.

The historical rank and industry rank for PT Goto Gojek Tokopedia Tbk's Price-to-Tangible-Book or its related term are showing as below:

ISX:GOTO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.45 Med: 3.28 Max: 3.56
Current: 2.53

During the past 6 years, PT Goto Gojek Tokopedia Tbk's highest Price to Tangible Book Ratio was 3.56. The lowest was 2.45. And the median was 3.28.

ISX:GOTO's Price-to-Tangible-Book is ranked better than
63.48% of 2089 companies
in the Software industry
Industry Median: 3.52 vs ISX:GOTO: 2.53

A closely related ratio is called PB Ratio. As of today, PT Goto Gojek Tokopedia Tbk's share price is Rp61.00. PT Goto Gojek Tokopedia Tbk's Book Value per Sharefor the quarter that ended in Dec. 2023 was Rp35.43. Hence, PT Goto Gojek Tokopedia Tbk's P/B Ratio of today is 1.72.

PT Goto Gojek Tokopedia Tbk Price-to-Tangible-Book Historical Data

The historical data trend for PT Goto Gojek Tokopedia Tbk'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.

PT Goto Gojek Tokopedia Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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3.00

3.56

PT Goto Gojek Tokopedia Tbk Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial									3.00	3.83	4.26	3.39	3.56

Competitive Comparison

For the Software - Application subindustry, PT Goto Gojek Tokopedia Tbk'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.

PT Goto Gojek Tokopedia Tbk Price-to-Tangible-Book Distribution

For the Software industry and Technology sector, PT Goto Gojek Tokopedia Tbk's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where PT Goto Gojek Tokopedia Tbk's Price-to-Tangible-Book falls into.

PT Goto Gojek Tokopedia Tbk Price-to-Tangible-Book Calculation

PT Goto Gojek Tokopedia Tbk's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	61.00	/	24.126
	=	2.53

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.

PT Goto Gojek Tokopedia Tbk Price-to-Tangible-Book Related Terms

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PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PT Goto Gojek Tokopedia Tbk (ISX:GOTO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CK8:Germany

Address

Jalan Iskandarsyah II No. 2, Gedung Pasaraya Blok M, 6-7th Floor, Jakarta, IDN, 12160

Website

https://www.gotocompany.com

GoTo is an Indonesian ecosystem that combines e-commerce, ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021. The company has 64 million active paying users and 12 million merchants as of 2022 on its platform. In 2022, on-demand accounted for 55% of revenue, e-commerce for 37%, and financial services for 8%. However, 82% of nonfinancial services gross transactional value comes from e-commerce, as it is the focal point in the ecosystem. The company competes with giants such as Sea-backed Shopee, Alibaba's Lazada, and smaller peers such as Bukalapak in e-commerce—and with Grab in the ride-hailing and delivery business.

PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Headlines

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