Pivotree (TSXV:PVT) Price-to-Tangible-Book : 2.70 (As of May. 04, 2024)

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What is Pivotree Price-to-Tangible-Book?

As of today (2024-05-04), Pivotree's share price is C$2.20. Pivotree's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.81. Hence, Pivotree's Price to Tangible Book Ratio of today is 2.70.

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

TSXV:PVT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.9 Med: 4.33 Max: 5.76
Current: 2.72

During the past 5 years, Pivotree's highest Price to Tangible Book Ratio was 5.76. The lowest was 1.90. And the median was 4.33.

TSXV:PVT's Price-to-Tangible-Book is ranked better than
61% of 2090 companies
in the Software industry
Industry Median: 3.63 vs TSXV:PVT: 2.72

A closely related ratio is called PB Ratio. As of today, Pivotree's share price is C$2.20. Pivotree's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$2.17. Hence, Pivotree's P/B Ratio of today is 1.01.

Pivotree Price-to-Tangible-Book Historical Data

The historical data trend for Pivotree'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.

Pivotree Price-to-Tangible-Book Chart

Pivotree Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

5.76

5.01

3.64

1.90

Pivotree Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial													3.64	3.93	2.88	2.35	1.90

Competitive Comparison of Pivotree's Price-to-Tangible-Book

For the Information Technology Services subindustry, Pivotree'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.

Pivotree's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Pivotree's Price-to-Tangible-Book distribution charts can be found below:

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

Pivotree Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.20	/	0.814
	=	2.70

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.

Pivotree Price-to-Tangible-Book Related Terms

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

Pivotree (TSXV:PVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pivotree Inc (TSXV:PVT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

PVTRF:USA 8AV:Germany

Address

6300 Northam Drive, Mississauga, ON, CAN, L4V 1H7

Website

https://www.pivotree.com

Pivotree Inc Company designs, integrates, deploys, and manages digital platforms in Commerce, Data Management and Supply Chain for major retail and branded manufacturers throughout the world. Pivotree provides the technical skills necessary to enable the effective use of technologies combined with the business context to leverage a solution to solve clients' business challenges. Pivotree's portfolio of products, managed and professional services help provide B2B2C digital businesses with end-to-end service to manage complex digital commerce platforms. It operates in two segments: professional and managed services. Pivotree serves market-leading brands and forward-thinking B2C and B2B companies, including many Fortune 1000. The majority of its revenue comes from North America.

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