Cognizant Technology Solutions (WBO:CTSH) Price-to-Tangible-Book : 5.62 (As of Apr. 26, 2024)

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What is Cognizant Technology Solutions Price-to-Tangible-Book?

As of today (2024-04-26), Cognizant Technology Solutions's share price is €61.98. Cognizant Technology Solutions's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €11.03. Hence, Cognizant Technology Solutions's Price to Tangible Book Ratio of today is 5.62.

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

WBO:CTSH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.72 Med: 6.03 Max: 9.13
Current: 5.52

During the past 13 years, Cognizant Technology Solutions's highest Price to Tangible Book Ratio was 9.13. The lowest was 4.72. And the median was 6.03.

WBO:CTSH's Price-to-Tangible-Book is ranked worse than
64.15% of 2089 companies
in the Software industry
Industry Median: 3.57 vs WBO:CTSH: 5.52

A closely related ratio is called PB Ratio. As of today, Cognizant Technology Solutions's share price is €61.98. Cognizant Technology Solutions's Book Value per Sharefor the quarter that ended in Dec. 2023 was €24.36. Hence, Cognizant Technology Solutions's P/B Ratio of today is 2.54.

Cognizant Technology Solutions Price-to-Tangible-Book Historical Data

The historical data trend for Cognizant Technology Solutions'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.

Cognizant Technology Solutions Price-to-Tangible-Book Chart

Cognizant Technology Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.65

8.91

9.10

5.25

6.20

Cognizant Technology Solutions 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															5.25	5.65	5.75	6.05	6.20

Competitive Comparison of Cognizant Technology Solutions's Price-to-Tangible-Book

For the Information Technology Services subindustry, Cognizant Technology Solutions'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.

Cognizant Technology Solutions's Price-to-Tangible-Book Distribution in the Software Industry

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

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

Cognizant Technology Solutions Price-to-Tangible-Book Calculation

Cognizant Technology Solutions's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	61.98	/	11.032
	=	5.62

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.

Cognizant Technology Solutions Price-to-Tangible-Book Related Terms

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

Cognizant Technology Solutions (WBO:CTSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cognizant Technology Solutions Corp (WBO:CTSH) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CTSH:USA CTSH:Mexico COZ:Germany CTSH34:Brazil

Address

300 Frank West Burr Boulevard, Suite 36, 6th Floor, Teaneck, NJ, USA, 07666

Website

https://www.cognizant.com

Cognizant is a global IT services provider, offering consulting and outsourcing services to some of the world's largest enterprises spanning the financial services, media and communications, healthcare, natural resources, and consumer products industries. Cognizant employs nearly 300,000 people globally, roughly 70% of whom are in India, although the company's headquarters are in Teaneck, New Jersey.