What is Ribbon Communications Price-to-Tangible-Book?
As of today (2024-04-25), Ribbon Communications's share price is $3.25. Ribbon Communications's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-0.50. Hence, Ribbon Communications's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Ribbon Communications's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Ribbon Communications's highest Price to Tangible Book Ratio was 22.28. The lowest was 2.21. And the median was 5.49.
RBBN's Price-to-Tangible-Book is not ranked *
in the Telecommunication Services industry.
Industry Median: 2.535 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Ribbon Communications's share price is $3.25. Ribbon Communications's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.63. Hence, Ribbon Communications's P/B Ratio of today is 1.24.
Ribbon Communications Price-to-Tangible-Book Historical Data
The historical data trend for Ribbon Communications'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 Ribbon Communications's Price-to-Tangible-Book
For the Telecom Services subindustry, Ribbon Communications'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.
Ribbon Communications's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Ribbon Communications's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ribbon Communications'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.
Ribbon Communications Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Ribbon Communications's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Ribbon Communications (Ribbon Communications) Business Description
Ribbon Communications Inc provides network solutions primarily to telecommunications, wireless and cable service providers worldwide. It enables service providers and enterprises to modernize their communications networks and provide secure real-time communications solutions to their customers and employees. Its solutions enable its customers with a secure way to connect and leverage multivendor, multiprotocol communications systems and applications across their networks and the cloud, around the world and in a rapidly changing ecosystem of IP-enabled devices such as smartphones and tablets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RBBN has been successfully added to your 