RAS Technology Holdings (ASX:RTH) PB Ratio : 2.41 (As of Apr. 08, 2025)

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What is RAS Technology Holdings PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2025-04-08), RAS Technology Holdings's share price is A$0.745. RAS Technology Holdings's Book Value per Share for the quarter that ended in Dec. 2024 was A$0.31. Hence, RAS Technology Holdings's PB Ratio of today is 2.41.

Good Sign:

RAS Technology Holdings Ltd stock PB Ratio (=2.57) is close to 1-year low of 2.53.

The historical rank and industry rank for RAS Technology Holdings's PB Ratio or its related term are showing as below:

ASX:RTH' s PB Ratio Range Over the Past 10 Years
Min: 1.28 Med: 2.85 Max: 5.45
Current: 2.82

During the past 3 years, RAS Technology Holdings's highest PB Ratio was 5.45. The lowest was 1.28. And the median was 2.85.

ASX:RTH's PB Ratio is ranked worse than
50.49% of 2553 companies
in the Software industry
Industry Median: 2.54 vs ASX:RTH: 2.82

During the past 12 months, RAS Technology Holdings's average Book Value Per Share Growth Rate was 13.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.10% per year.

During the past 3 years, the highest 3-Year average Book Value Per Share Growth Rate of RAS Technology Holdings was -4.10% per year. The lowest was -4.10% per year. And the median was -4.10% per year.

Back to Basics: PB Ratio

RAS Technology Holdings PB Ratio Historical Data

The historical data trend for RAS Technology Holdings's PB Ratio 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.

RAS Technology Holdings PB Ratio Chart

RAS Technology Holdings Annual Data

Trend

Jun22

Jun23

Jun24

PB Ratio

1.45

1.81

4.42

RAS Technology Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
PB Ratio	Get a 7-Day Free Trial			1.57	1.81	3.38	4.42	2.91

Competitive Comparison of RAS Technology Holdings's PB Ratio

For the Software - Infrastructure subindustry, RAS Technology Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.

RAS Technology Holdings's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, RAS Technology Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where RAS Technology Holdings's PB Ratio falls into.

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RAS Technology Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

RAS Technology Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2024)
	=	0.745	/	0.309
	=	2.41

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

RAS Technology Holdings (ASX:RTH) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

RAS Technology Holdings PB Ratio Related Terms

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RAS Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RAS Technology Holdings Ltd (ASX:RTH) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Wentworth Avenue, Unit 4, Mezzanine Level, Kingston, ACT, AUS, 2604

Website

https://racingandsports.company

RAS Technology Holdings Ltd is a provider of fully integrated premium data, enhanced content, SaaS solutions, and digital and media services to the global racing and wagering industries. Geographically the company operates in Australia, the United Kingdom, the United States, and the Rest of the World. The company generates the majority of its revenue from Australia.