Gresham Technologies (LSE:GHT) PB Ratio : 2.67 (As of Jun. 19, 2024)

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What is Gresham Technologies 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 (2024-06-19), Gresham Technologies's share price is £1.61. Gresham Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was £0.60. Hence, Gresham Technologies's PB Ratio of today is 2.67.

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

LSE:GHT' s PB Ratio Range Over the Past 10 Years
Min: 1.76 Med: 4.16 Max: 12.92
Current: 2.67

During the past 13 years, Gresham Technologies's highest PB Ratio was 12.92. The lowest was 1.76. And the median was 4.16.

LSE:GHT's PB Ratio is ranked worse than
50.66% of 2564 companies
in the Software industry
Industry Median: 2.61 vs LSE:GHT: 2.67

During the past 12 months, Gresham Technologies's average Book Value Per Share Growth Rate was 6.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gresham Technologies was 91.90% per year. The lowest was -52.60% per year. And the median was 15.10% per year.

Back to Basics: PB Ratio

Gresham Technologies PB Ratio Historical Data

The historical data trend for Gresham Technologies'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.

Gresham Technologies PB Ratio Chart

Gresham Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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3.30

3.86

3.23

3.14

1.94

Gresham Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															3.23	2.53	3.14	2.31	1.94

Competitive Comparison of Gresham Technologies's PB Ratio

For the Software - Application subindustry, Gresham Technologies'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.

Gresham Technologies's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Gresham Technologies's PB Ratio falls into.

Gresham Technologies 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.

Gresham Technologies's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.61	/	0.602
	=	2.67

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.

Gresham Technologies (LSE:GHT) 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.

Gresham Technologies PB Ratio Related Terms

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

Gresham Technologies (LSE:GHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gresham Technologies PLC (LSE:GHT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

GHTl:UK GHT.GB:UK

Address

10 -15 Queen Street, Aldermary House, London, GBR, EC4N 1TX

Website

https://www.greshamtech.com

Gresham Technologies PLC is a software services company providing real-time transaction control and enterprise data integrity solutions. Its segments include Clareti Solutions, Contracting Services and Other Solutions. Through the Clareti Solutions segment, it gives transactional solutions to the finance and banking markets across the Asia Pacific, EMEA, and North America. Other Solutions segment provides solutions to enterprise-level customers. Contracting Services segment include the supply of IT contracting services to one banking customer. The firm generates revenues through the sale of Clareti and Other software licenses and services.

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