Tyro Payments (ASX:TYR) PB Ratio : 2.72 (As of Apr. 29, 2024)

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What is Tyro Payments 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 (2024-04-29), Tyro Payments's share price is A$0.96. Tyro Payments's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.35. Hence, Tyro Payments's PB Ratio of today is 2.72.

The historical rank and industry rank for Tyro Payments's PB Ratio or its related term are showing as below:

ASX:TYR' s PB Ratio Range Over the Past 10 Years
Min: 1.96 Med: 5.03 Max: 12.12
Current: 2.72

During the past 5 years, Tyro Payments's highest PB Ratio was 12.12. The lowest was 1.96. And the median was 5.03.

ASX:TYR's PB Ratio is ranked better than
51.57% of 2581 companies
in the Software industry
Industry Median: 2.67 vs ASX:TYR: 2.72

During the past 12 months, Tyro Payments's average Book Value Per Share Growth Rate was 11.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.50% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Tyro Payments was -3.50% per year. The lowest was -9.50% per year. And the median was -6.50% per year.

Back to Basics: PB Ratio

Tyro Payments PB Ratio Historical Data

The historical data trend for Tyro Payments'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.

Tyro Payments PB Ratio Chart

Tyro Payments Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

9.21

10.42

1.95

3.34

Tyro Payments Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial				8.69	1.95	4.45	3.34	3.13

Competitive Comparison of Tyro Payments's PB Ratio

For the Software - Infrastructure subindustry, Tyro Payments'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.

Tyro Payments's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Tyro Payments's PB Ratio falls into.

Tyro Payments 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.

Tyro Payments's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.96	/	0.353
	=	2.72

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.

Tyro Payments (ASX:TYR) 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.

Tyro Payments PB Ratio Related Terms

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

Tyro Payments (ASX:TYR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tyro Payments Ltd (ASX:TYR) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

18/55 Market Street, Sydney, NSW, AUS, 2000

Website

https://www.tyro.com

Tyro Payments is an Australian financial technology company engaged in providing routing payments solutions and business banking products to merchants. The firm mainly caters to small to medium-size enterprises in the hospitality, retail and health sectors. It is also expanding its reach into the trade, accommodation and services verticals. Tyro's value propositions include extensive industry-specific solutions, ease of integration with point-of-sale systems, broad acceptance of payment types and a variety of ancillary features. Despite Tyro's historic focus on in-store sales, it is also building up online gateways to facilitate e-commerce transactions and build out a multichannel payment solution. Geographically, it operates only in Australia.

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