Sovereign Cloud Holdings (ASX:SOV) PB Ratio : 0.80 (As of May. 11, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Sovereign Cloud 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 (2024-05-11), Sovereign Cloud Holdings's share price is A$0.028. Sovereign Cloud Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.04. Hence, Sovereign Cloud Holdings's PB Ratio of today is 0.80.

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

ASX:SOV' s PB Ratio Range Over the Past 10 Years
Min: 0.28 Med: 1.06 Max: 4.53
Current: 0.8

During the past 4 years, Sovereign Cloud Holdings's highest PB Ratio was 4.53. The lowest was 0.28. And the median was 1.06.

ASX:SOV's PB Ratio is ranked better than
91.32% of 2581 companies
in the Software industry
Industry Median: 2.68 vs ASX:SOV: 0.80

During the past 12 months, Sovereign Cloud Holdings's average Book Value Per Share Growth Rate was -65.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -30.80% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Sovereign Cloud Holdings was -30.80% per year. The lowest was -30.80% per year. And the median was -30.80% per year.

Back to Basics: PB Ratio

Sovereign Cloud Holdings PB Ratio Historical Data

The historical data trend for Sovereign Cloud 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.

Sovereign Cloud Holdings PB Ratio Chart

Sovereign Cloud Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

PB Ratio

3.35

1.10

0.75

Sovereign Cloud Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial			2.59	1.10	0.89	0.75	1.62

Competitive Comparison of Sovereign Cloud Holdings's PB Ratio

For the Software - Infrastructure subindustry, Sovereign Cloud 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.

Sovereign Cloud Holdings's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Sovereign Cloud Holdings's PB Ratio falls into.

Sovereign Cloud 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.

Sovereign Cloud Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.028	/	0.035
	=	0.80

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.

Sovereign Cloud Holdings (ASX:SOV) 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.

Sovereign Cloud Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of Sovereign Cloud Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Sovereign Cloud Holdings (ASX:SOV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sovereign Cloud Holdings Ltd (ASX:SOV) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

15-21 Beaconsfield Street, Unit 7, Fyshwick, ACT, AUS, 2609

Website

https://www.australiacloud.com.au

Sovereign Cloud Holdings Ltd provides sovereign cloud services to Australian Governments and critical national industries. It has built a cloud-based platform, which is accredited by Government standards to PROTECTED controls or higher. The platform is available to rent computation cycles and data storage to customers on a pay-as-you-go basis, referred to as Infrastructure as a Service (IaaS).

Sovereign Cloud Holdings (ASX:SOV) Headlines

No Headlines