GURUFOCUS.COM » STOCK LIST » Technology » Software » ServiceNow Inc (WBO:SNOW) » Definitions » Price-to-Tangible-Book

ServiceNow (WBO:SNOW) Price-to-Tangible-Book : 22.29 (As of Apr. 26, 2024)


View and export this data going back to 2019. Start your Free Trial

What is ServiceNow Price-to-Tangible-Book?

As of today (2024-04-26), ServiceNow's share price is €656.50. ServiceNow's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €29.45. Hence, ServiceNow's Price to Tangible Book Ratio of today is 22.29.

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

WBO:SNOW' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 19.38   Med: 40.21   Max: 61.94
Current: 22.09

During the past 13 years, ServiceNow's highest Price to Tangible Book Ratio was 61.94. The lowest was 19.38. And the median was 40.21.

WBO:SNOW's Price-to-Tangible-Book is ranked worse than
91% of 2089 companies
in the Software industry
Industry Median: 3.57 vs WBO:SNOW: 22.09

A closely related ratio is called PB Ratio. As of today, ServiceNow's share price is €656.50. ServiceNow's Book Value per Sharefor the quarter that ended in Mar. 2024 was €35.86. Hence, ServiceNow's P/B Ratio of today is 18.31.


ServiceNow Price-to-Tangible-Book Historical Data

The historical data trend for ServiceNow'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.

ServiceNow Price-to-Tangible-Book Chart

ServiceNow Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.65 43.49 49.69 19.72 23.18

ServiceNow Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.10 19.26 20.33 23.18 -

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

For the Software - Application subindustry, ServiceNow'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.


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

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

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



ServiceNow Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=656.50/29.453
=22.29

* 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.


ServiceNow Price-to-Tangible-Book Related Terms

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


ServiceNow (WBO:SNOW) Business Description

Address
2225 Lawson Lane, Santa Clara, CA, USA, 95054
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.