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Mitek Systems (Mitek Systems) Price-to-Tangible-Book : 25.53 (As of Apr. 25, 2024)


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What is Mitek Systems Price-to-Tangible-Book?

As of today (2024-04-25), Mitek Systems's share price is $12.56. Mitek Systems's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.49. Hence, Mitek Systems's Price to Tangible Book Ratio of today is 25.53.

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

MITK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.07   Med: 6.89   Max: 86.72
Current: 25.63

During the past 13 years, Mitek Systems's highest Price to Tangible Book Ratio was 86.72. The lowest was 3.07. And the median was 6.89.

MITK's Price-to-Tangible-Book is ranked worse than
91.57% of 2089 companies
in the Software industry
Industry Median: 3.6 vs MITK: 25.63

A closely related ratio is called PB Ratio. As of today, Mitek Systems's share price is $12.56. Mitek Systems's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.59. Hence, Mitek Systems's P/B Ratio of today is 2.74.


Mitek Systems Price-to-Tangible-Book Historical Data

The historical data trend for Mitek Systems'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.

Mitek Systems Price-to-Tangible-Book Chart

Mitek Systems Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.74 6.89 8.09 - 28.82

Mitek Systems 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 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 Premium Member Only - - 86.72 28.82 26.50

Competitive Comparison of Mitek Systems's Price-to-Tangible-Book

For the Software - Application subindustry, Mitek Systems'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.


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

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

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



Mitek Systems Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=12.56/0.492
=25.53

* 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.


Mitek Systems Price-to-Tangible-Book Related Terms

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


Mitek Systems (Mitek Systems) Business Description

Traded in Other Exchanges
Address
600 B Street, Suite 100, San Diego, CA, USA, 92101
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It is serving more than 7,800 financial services organizations and leading marketplace and financial technology brands across the globe. Mitek's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
Executives
Christopher H Briggs other: SVP Identity 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Michael E Diamond other: General Manager 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Scipio Maximus Carnecchia director, officer: CEO & Director C/O MITEK SYSTEMS, INC., 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Fuad Ahmad officer: Interim CFO 461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Frank Teruel officer: CFO 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Stephen Ritter officer: Chief Technology Officer 600 B STREET SUITE 100, SAN DIEGO CA 92101
Jason Gray officer: GC, Secretary & Admin Officer 600 B STREET SUITE 100, SAN DIEGO CA 92101
Scott Adam Marcus officer: General Counsel 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Rahul Gupta director 255 FISERV DRIVE, BROOKFIELD WI 53045
Susan Repo director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Scott R Carter director 8911 BALBOA AVENUE, SUITE B, SAN DIEGO CA 92123
William K Aulet director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Jeffrey C Davison officer: Chief Financial Officer 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Jane J. Thompson director 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Alex W Hart director 600 B STREET, SUITE 100, SAN DIEGO CA 92101