CLPS (CLPS) Price-to-Tangible-Book : 0.40 (As of Apr. 26, 2024)

View and export this data going back to 2018. Start your Free Trial

What is CLPS Price-to-Tangible-Book?

As of today (2024-04-26), CLPS's share price is $1.00. CLPS's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.48. Hence, CLPS's Price to Tangible Book Ratio of today is 0.40.

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

CLPS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.39 Med: 1.48 Max: 10.33
Current: 0.4

During the past 8 years, CLPS's highest Price to Tangible Book Ratio was 10.33. The lowest was 0.39. And the median was 1.48.

CLPS's Price-to-Tangible-Book is ranked better than
97.61% of 2089 companies
in the Software industry
Industry Median: 3.57 vs CLPS: 0.40

A closely related ratio is called PB Ratio. As of today, CLPS's share price is $1.00. CLPS's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.50. Hence, CLPS's P/B Ratio of today is 0.40.

CLPS Price-to-Tangible-Book Historical Data

The historical data trend for CLPS'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.

CLPS Price-to-Tangible-Book Chart

CLPS Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.95

1.43

1.64

0.55

0.44

CLPS Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial											0.64	0.55	0.40	0.44	0.42

Competitive Comparison of CLPS's Price-to-Tangible-Book

For the Information Technology Services subindustry, CLPS'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.

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

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

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

CLPS Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.00	/	2.477
	=	0.40

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.

CLPS Price-to-Tangible-Book Related Terms

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

CLPS (CLPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CLPS Inc (NAS:CLPS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

1UK:Germany

Address

c/o Unit 1000, 10th Floor, Millennium City III, 378 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.clpsglobal.com

CLPS Inc is a holding company. The company through its subsidiaries provides information technology consulting and solutions institutions in banking, insurance, and financial sectors, both in China and globally. Its products are Risk Control Platform, Transaction Acquiring Platform, Debt Collection Platform, Virtual Bank Training Platform, Credit Card System, and other related products. The company generates its revenue from IT consulting service, Customized IT solution service, and other. Generating majority of its revenue from the IT consulting service.