Cognyte Software (Cognyte Software) Price-to-Tangible-Book : 7.81 (As of Apr. 25, 2024)

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What is Cognyte Software Price-to-Tangible-Book?

As of today (2024-04-25), Cognyte Software's share price is $6.90. Cognyte Software's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $0.88. Hence, Cognyte Software's Price to Tangible Book Ratio of today is 7.81.

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

CGNT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.56 Med: 7.33 Max: 23.87
Current: 7.84

During the past 6 years, Cognyte Software's highest Price to Tangible Book Ratio was 23.87. The lowest was 4.56. And the median was 7.33.

CGNT's Price-to-Tangible-Book is ranked worse than
71.85% of 2089 companies
in the Software industry
Industry Median: 3.6 vs CGNT: 7.84

A closely related ratio is called PB Ratio. As of today, Cognyte Software's share price is $6.90. Cognyte Software's Book Value per Sharefor the quarter that ended in Jan. 2024 was $2.79. Hence, Cognyte Software's P/B Ratio of today is 2.48.

Cognyte Software Price-to-Tangible-Book Historical Data

The historical data trend for Cognyte Software'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.

Cognyte Software Price-to-Tangible-Book Chart

Cognyte Software Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Price-to-Tangible-Book

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23.87

6.64

4.56

8.02

Cognyte Software Quarterly Data
	Jan19	Jul19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial														4.56	4.87	6.59	4.79	8.02

Competitive Comparison of Cognyte Software's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Cognyte Software'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.

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

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

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

Cognyte Software Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	6.90	/	0.883
	=	7.81

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.

Cognyte Software Price-to-Tangible-Book Related Terms

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

Cognyte Software (Cognyte Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cognyte Software Ltd (NAS:CGNT) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

81M:Germany 81M:Germany

Address

33 Maskit, Herzliya, Pituach, ISR, 4673333

Website

https://www.cognyte.com

Cognyte Software Ltd provides security analytics software that empowers governments and enterprises with Actionable Intelligence. The company's solutions accelerate security investigations and connect the dots to successfully identify, neutralize, and prevent national security, personal safety, business continuity, and cyber threats.