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Blancco Technology Group (LSE:BLTG) PB Ratio : 2.05 (As of Jun. 08, 2024)


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What is Blancco Technology Group 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 (2024-06-08), Blancco Technology Group's share price is £2.22. Blancco Technology Group's Book Value per Share for the quarter that ended in Dec. 2022 was £1.08. Hence, Blancco Technology Group's PB Ratio of today is 2.05.

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

LSE:BLTG's PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.57
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Blancco Technology Group PB Ratio Historical Data

The historical data trend for Blancco Technology Group'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.

Blancco Technology Group PB Ratio Chart

Blancco Technology Group Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 1.39 1.93 2.72 1.95

Blancco Technology Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
PB Ratio 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 2.21 2.72 2.38 1.95 1.63

Competitive Comparison of Blancco Technology Group's PB Ratio

For the Software - Infrastructure subindustry, Blancco Technology Group'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.


Blancco Technology Group's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Blancco Technology Group's PB Ratio falls into.



Blancco Technology Group 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.

Blancco Technology Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2022)
=2.22/1.081
=2.05

* 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 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.


Blancco Technology Group  (LSE:BLTG) 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.


Blancco Technology Group PB Ratio Related Terms

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


Blancco Technology Group (LSE:BLTG) Business Description

Traded in Other Exchanges
N/A
Address
Chapel House, Suite 1, Thremhall Park, Start Hill, Bishops Stortford, Hertfordshire, GBR, CM22 7WE
Blancco Technology Group PLC provides mobile device diagnostics and secure data erasure solutions. Its solutions include data erasure management, live environment erasure, high volume erasure, hardware-based solutions, fault diagnostics, repair and program enablement. It offers services to equipment manufacturers, mobile network operators, financial institutions, healthcare providers and government organizations. Geographically, it derives a majority of revenue from the Asia Pacific. Some of its products include Blancco File Eraser; Blancco Removable Media Eraser - Data Sanitization Software; Blancco LUN Eraser - Erasure Software for Storage Environments and others.

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