Redflex Holdings (Redflex Holdings) Price-to-Tangible-Book : 0.62 (As of May. 12, 2024)

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What is Redflex Holdings Price-to-Tangible-Book?

As of today (2024-05-12), Redflex Holdings's share price is $1.53. Redflex Holdings's Tangible Book per Share of Dec. 2020 for the quarter that ended in Dec. 2020 was $2.46. Hence, Redflex Holdings's Price to Tangible Book Ratio of today is 0.62.

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

RFLXY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.38 Med: 2.03 Max: 17.73
Current: 3.19

During the past 13 years, Redflex Holdings's highest Price to Tangible Book Ratio was 17.73. The lowest was 0.38. And the median was 2.03.

RFLXY's Price-to-Tangible-Book is not ranked
in the Business Services industry.
Industry Median: 2.105 vs RFLXY: 3.19

A closely related ratio is called PB Ratio. As of today, Redflex Holdings's share price is $1.53. Redflex Holdings's Book Value per Sharefor the quarter that ended in Dec. 2020 was $3.03. Hence, Redflex Holdings's P/B Ratio of today is 0.51.

Redflex Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Redflex Holdings'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.

Redflex Holdings Price-to-Tangible-Book Chart

Redflex Holdings Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Price-to-Tangible-Book

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0.34

Redflex Holdings Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Redflex Holdings's Price-to-Tangible-Book

For the Security & Protection Services subindustry, Redflex Holdings'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.

Redflex Holdings's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Redflex Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Redflex Holdings Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2020 )
	=	1.53	/	2.455
	=	0.62

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.

Redflex Holdings Price-to-Tangible-Book Related Terms

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

Redflex Holdings (Redflex Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Redflex Holdings Ltd (OTCPK:RFLXY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Market Street, South Melbourne, Melbourne, VIC, AUS, 3205

Website

http://www.redflex.com

Redflex Holdings Ltd designs and manufactures solutions for road congestion and safety, effective flow of traffic, ticketless parking systems, video surveillance, and back-office solutions. The company's geographical segments include the Americas and Australia/International. It generates maximum revenue from the Americas segment. The America's traffic business is predominantly a Build Own Operate and Maintain (BOOM) business providing fully outsourced traffic enforcement programs. Its Australia/International traffic business involves the sale of traffic enforcement products.

Redflex Holdings (Redflex Holdings) Headlines

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