As of today (2022-08-19), ON24's share price is $9.91. ON24's Tangible Book per Share of Jun. 2022 for the quarter that ended in Jun. 2022 was $6.69. Hence, ON24's Price to Tangible Book Ratio of today is 1.48.
The historical rank and industry rank for ON24's Price-to-Tangible-Book or its related term are showing as below:
ONTF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.42 Med: 2.47 Max: 6.25
Current: 1.48
During the past 4 years, ON24's highest Price to Tangible Book Ratio was 6.25. The lowest was 1.42. And the median was 2.47.
ONTF's Price-to-Tangible-Book is ranked better than 82.04% of 2093
companies
in the Software industry
Industry Median: 3.68
vs ONTF: 1.48
A closely related ratio is called PB Ratio. As of today, ON24's share price is $9.91. ON24's Book Value per Sharefor the quarter that ended in Jun. 2022 was $6.74. Hence, ON24's P/B Ratio of today is 1.47.
ON24 Price-to-Tangible-Book Historical Data
The historical data trend for ON24'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.
ON24 Annual Data
Trend
Dec18
Dec19
Dec20
Dec21
Price-to-Tangible-Book
-
-
-
2.33
ON24 Quarterly Data
Dec18
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Price-to-Tangible-Book
4.54
2.60
2.33
1.87
1.42
Competitive Comparison
For the Software - Application subindustry, ON24'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.
ON24 Price-to-Tangible-Book Distribution
For the Software industry and Technology sector, ON24's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where ON24's Price-to-Tangible-Book falls into.
ON24 Price-to-Tangible-Book Calculation
ON24's price-to-tangible-book ratio for today is calculated as:
* 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.
ON24 Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of ON24's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
ON24 Inc provides a cloud-based digital experience platform that enables businesses to convert customer engagement into revenue through interactive webinar experiences, virtual event experiences, and multimedia content experiences. The company derives revenue from subscription agreements with customers for accessing the platform and related services. Geographically, it derives a majority of revenue from the United States.
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