As of today (2024-06-11), Sumo Logic's share price is $12.04. Sumo Logic's Tangible Book per Share of Jan. 2023 for the quarter that ended in Jan. 2023 was $2.19. Hence, Sumo Logic's Price to Tangible Book Ratio of today is 5.50.
The historical rank and industry rank for Sumo Logic's Price-to-Tangible-Book or its related term are showing as below:
SUMO'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.55 Med: 5.4 Max: 9.53
Current: 5.5
During the past 6 years, Sumo Logic's highest Price to Tangible Book Ratio was 9.53. The lowest was 4.55. And the median was 5.40.
SUMO's Price-to-Tangible-Book is not ranked
in the Software industry.
Industry Median: 3.48
vs SUMO: 5.50
The historical data trend for Sumo Logic'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 Sumo Logic's Price-to-Tangible-Book
For the Software - Infrastructure subindustry, Sumo Logic'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.
Sumo Logic's Price-to-Tangible-Book Distribution in the Software Industry
For the Software industry and Technology sector, Sumo Logic's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Sumo Logic's Price-to-Tangible-Book falls into.
Sumo Logic Price-to-Tangible-Book Calculation
Sumo Logic'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.
Sumo Logic Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Sumo Logic's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Sumo Logic Inc is a software company that empowers the people who power modern, digital businesses. It is engaged in a software-as-a-service analytics platform for reliable and secure cloud-native applications. With its platform, It helps its customers ensure application reliability, secure and protect against modern security threats, and gain insights into their cloud infrastructure. Its multi-tenant, cloud-native platform is Continuous Intelligence Platform, a cloud-native, multi-tenant, secure service that its customers leverage to enable reliability and security of their cloud applications and cloud workloads and provides powerful, real-time, machine data analytics and insights across observability and security solutions. The majority of its revenue is generated in the United States.
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