Tufin Software Technologies (Tufin Software Technologies) Price-to-Tangible-Book : 16.22 (As of May. 05, 2024)

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What is Tufin Software Technologies Price-to-Tangible-Book?

As of today (2024-05-05), Tufin Software Technologies's share price is $12.94. Tufin Software Technologies's Tangible Book per Share of Jun. 2022 for the quarter that ended in Jun. 2022 was $0.80. Hence, Tufin Software Technologies's Price to Tangible Book Ratio of today is 16.22.

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

TUFN's Price-to-Tangible-Book is not ranked ^*
in the Software industry.
Industry Median: 3.63
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Tufin Software Technologies's share price is $12.94. Tufin Software Technologies's Book Value per Sharefor the quarter that ended in Jun. 2022 was $0.80. Hence, Tufin Software Technologies's P/B Ratio of today is 16.22.

Tufin Software Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Tufin Software 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.

Tufin Software Technologies Price-to-Tangible-Book Chart

Tufin Software Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Price-to-Tangible-Book

6.57

5.97

7.35

Tufin Software Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Price-to-Tangible-Book	Get a 7-Day Free Trial														5.63	6.74	7.35	8.13	15.74

Competitive Comparison of Tufin Software Technologies's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Tufin Software 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.

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

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

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

Tufin Software Technologies Price-to-Tangible-Book Calculation

Tufin Software Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2022 )
	=	12.94	/	0.798
	=	16.22

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.

Tufin Software Technologies Price-to-Tangible-Book Related Terms

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

Tufin Software Technologies (Tufin Software Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tufin Software Technologies Ltd (NYSE:TUFN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 HaShalom Road, ToHa Tower, Tel Aviv, ISR, 6789205

Website

https://www.tufin.com

Tufin Software Technologies Ltd develops, markets, and sells software-based solutions that help organizations visualize, define and enforce a unified security policy across complex, heterogeneous network environments. Its solutions increase business agility, eliminate errors from manual processes, and ensure continuous compliance through a single console. The company's sales of products and services worldwide are made through a global network of distributors and resellers, which sell the products and services to their end-user customers. It derives revenues from licensing of software, sales of hardware, providing maintenance and technical support, and sales of professional services.