As of today (2024-04-24), Sonim Technologies's share price is $0.4775. Sonim Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.52. Hence, Sonim Technologies's Price to Tangible Book Ratio of today is 0.92.
The historical rank and industry rank for Sonim Technologies's Price-to-Tangible-Book or its related term are showing as below:
SONM'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86 Med: 1.42 Max: 2.91
Current: 0.92
During the past 7 years, Sonim Technologies's highest Price to Tangible Book Ratio was 2.91. The lowest was 0.86. And the median was 1.42.
SONM's Price-to-Tangible-Book is ranked better than 80.99% of 2304
companies
in the Hardware industry
Industry Median: 1.99
vs SONM: 0.92
A closely related ratio is called PB Ratio. As of today, Sonim Technologies's share price is $0.4775. Sonim Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.52. Hence, Sonim Technologies's P/B Ratio of today is 0.92.
Sonim Technologies Price-to-Tangible-Book Historical Data
The historical data trend for Sonim Technologies'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.
For the Communication Equipment subindustry, Sonim Technologies'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.
Sonim Technologies Price-to-Tangible-Book Distribution
For the Hardware industry and Technology sector, Sonim Technologies's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Sonim Technologies's Price-to-Tangible-Book falls into.
* 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.
Sonim Technologies Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Sonim Technologies's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Sonim Technologies (Sonim Technologies) Business Description
Sonim Technologies Inc is a provider of ultra-rugged mobile devices, including phones and accessories designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. The company sells mobile phones, accessories, and solutions to AT&T, T-Mobile, and Verizon in the United States, and to Bell, Rogers, and Telus Mobility in Canada. These products include rugged mobile phones that can attach to both public and private wireless networks, industrial-grade accessories that meet the requirements of specific applications and software applications, and cloud-based tools that provide management and deployment services to customers. The company generates revenue from discounts, price protection, and customer incentives.
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