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Curira AB (NGM:CURIRA B) PB Ratio : 0.65 (As of May. 23, 2024)


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What is Curira AB 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 (2024-05-23), Curira AB's share price is kr4.75. Curira AB's Book Value per Share for the quarter that ended in Mar. 2022 was kr7.26. Hence, Curira AB's PB Ratio of today is 0.65.

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

NGM:CURIRA B's PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.69
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Curira AB PB Ratio Historical Data

The historical data trend for Curira AB'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.

Curira AB PB Ratio Chart

Curira AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
1.32 1.94 1.67 1.94 3.57

Curira AB Quarterly Data
Sep16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22
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 1.94 0.97 3.05 3.57 2.12

Competitive Comparison of Curira AB's PB Ratio

For the Software - Infrastructure subindustry, Curira AB'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.


Curira AB's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Curira AB's PB Ratio falls into.



Curira AB 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.

Curira AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2022)
=4.75/7.255
=0.65

* 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.


Curira AB  (NGM:CURIRA B) 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.


Curira AB PB Ratio Related Terms

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


Curira AB (NGM:CURIRA B) Business Description

Traded in Other Exchanges
N/A
Address
Artillerigatan 42, Stockholm, SWE, 114 45
Curira AB formerly CR Ventures develops an algorithm that shows current digital status and digital potential of the company. Its services include Digital Marketing, Digital Transformation, and Digital Benchmarking.

Curira AB (NGM:CURIRA B) Headlines

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