As of today (2024-04-25), Snap's share price is $11.0499. Snap's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.35. Hence, Snap's Price to Tangible Book Ratio of today is 31.57.
The historical rank and industry rank for Snap's Price-to-Tangible-Book or its related term are showing as below:
SNAP'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.68 Med: 19.29 Max: 58.56
Current: 31.57
During the past 9 years, Snap's highest Price to Tangible Book Ratio was 58.56. The lowest was 4.68. And the median was 19.29.
SNAP's Price-to-Tangible-Book is ranked worse than 96.91% of 453
companies
in the Interactive Media industry
Industry Median: 2.76
vs SNAP: 31.57
A closely related ratio is called PB Ratio. As of today, Snap's share price is $11.0499. Snap's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.47. Hence, Snap's P/B Ratio of today is 7.53.
Snap Price-to-Tangible-Book Historical Data
The historical data trend for Snap'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.
Competitive Comparison of Snap's Price-to-Tangible-Book
For the Internet Content & Information subindustry, Snap'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.
Snap's Price-to-Tangible-Book Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Snap's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Snap's Price-to-Tangible-Book falls into.
Snap Price-to-Tangible-Book Calculation
Snap's price-to-tangible-book ratio for today is calculated as:
* 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.
Snap Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Snap's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Snap, which refers to itself as a camera company, has one of the most popular social networking apps, Snapchat, in developed regions such as North America and Europe. Snap generates nearly all its revenue from advertising with 70% coming from North America. The firm is headquartered in Venice, California.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SNAP has been successfully added to your 