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Vertex (Vertex) Price-to-Tangible-Book : (As of Apr. 28, 2024)


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What is Vertex Price-to-Tangible-Book?

As of today (2024-04-28), Vertex's share price is $29.53. Vertex's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-0.30. Hence, Vertex's Price to Tangible Book Ratio of today is .

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

During the past 6 years, Vertex's highest Price to Tangible Book Ratio was 28.57. The lowest was 28.57. And the median was 28.57.

VERX's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.6
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Vertex's share price is $29.53. Vertex's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.65. Hence, Vertex's P/B Ratio of today is 17.94.


Vertex Price-to-Tangible-Book Historical Data

The historical data trend for Vertex'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.

Vertex Price-to-Tangible-Book Chart

Vertex Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 28.57 - - -

Vertex Quarterly Data
Mar19 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

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

For the Software - Application subindustry, Vertex'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.


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

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

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



Vertex Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=29.53/-0.3
=

* 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.


Vertex Price-to-Tangible-Book Related Terms

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


Vertex (Vertex) Business Description

Industry
Traded in Other Exchanges
Address
2301 Renaissance Boulevard, King of Prussia, PA, USA, 19406
Vertex Inc is a provider of tax technology and services. It enables companies to realize the full strategic potential of the tax function by automating and integrating tax processes while leveraging advanced and predictive analytics of tax data. Vertex provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting among others. The company derives revenue from software subscriptions.
Executives
John R Schwab officer: Chief Financial Officer C/O NCO GROUP, INC., 507 PRUDENTIAL ROAD, HORSHAM PA 19044
Item Second Irr. Trust Fbo Jacob J. Westphal U/a Of Jeffrey R. Westphal Dated October 5, 2001 10 percent owner, other: 13(d) Group Member C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Item Second Irr. Trust Fbo Anne Marie Westphal U/a Of Jeffrey R. Westphal Dated October 5, 2001 10 percent owner, other: 13(d) Group Member C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Eric C. Andersen director C/O AMERICAN PUBLIC EDUCATION, INC., 111 W. CONGRESS STREET, CHARLES TOWN WV 25414
Jeffery Westphal director, 10 percent owner C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Item Second Irr. Trust Fbo Kyle R. Westphal U/a Of Jeffrey R. Westphal Dated October 5, 2001 10 percent owner, other: 13(d) Group Member C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Tensile Capital Management Lp 10 percent owner 700 LARKSPUR LANDING CIRCLE, SUITE 255, LARKSPUR CA 94939
John Richard Stamm director C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Lisa Butler officer: Chief Accounting Officer C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
David Destefano director, officer: President & CEO C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Rowland Bryan T.r. officer: General Counsel 101 WOLF DRIVE, THOROFARE NJ 08086
Kevin L Robert director 501 KANSAS AVENUE, KANSAS CITY KS 66105
Philip Seth Saunders director 13 MAPLE KNOLL LANE, MANALAPAN NJ 07726
Amanda Westphal Radcliffe director, 10 percent owner C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Bradley M Gayton director ONE COCA-COLA PLAZA, ATLANTA GA 30313