As of today (2024-04-18), SilverSun Technologies's share price is $13.81. SilverSun Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.27. Hence, SilverSun Technologies's Price to Tangible Book Ratio of today is 51.92.
The historical rank and industry rank for SilverSun Technologies's Price-to-Tangible-Book or its related term are showing as below:
SSNT'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.63 Med: 5.51 Max: 64.32
Current: 51.11
During the past 13 years, SilverSun Technologies's highest Price to Tangible Book Ratio was 64.32. The lowest was 3.63. And the median was 5.51.
SSNT's Price-to-Tangible-Book is ranked worse than 96.7% of 2088
companies
in the Software industry
Industry Median: 3.53
vs SSNT: 51.11
A closely related ratio is called PB Ratio. As of today, SilverSun Technologies's share price is $13.81. SilverSun Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.41. Hence, SilverSun Technologies's P/B Ratio of today is 9.82.
SilverSun Technologies Price-to-Tangible-Book Historical Data
The historical data trend for SilverSun 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.
* Premium members only.
SilverSun Technologies Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
3.63
4.10
4.73
3.75
64.32
SilverSun Technologies 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
3.75
3.47
3.45
8.08
64.32
Competitive Comparison
For the Software - Application subindustry, SilverSun 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.
SilverSun Technologies Price-to-Tangible-Book Distribution
For the Software industry and Technology sector, SilverSun Technologies's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where SilverSun 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.
SilverSun Technologies Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of SilverSun Technologies's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
SilverSun Technologies (SilverSun Technologies) Business Description
SilverSun Technologies Inc is a business application, technology, and consulting company. It is engaged in providing strategies and solutions to meet information, technology and business management needs. Its services and technologies enable customers to manage, protect and monetize their enterprise assets in the cloud. It offers solutions for accounting and business management, financial reporting, enterprise resource planning (ERP), warehouse management systems (WMS), customer relationship management (CRM) and business intelligence (BI). The company has a network services practice, which provides managed services, hosting, business continuity, cloud, e-mail, and Web services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SSNT has been successfully added to your 