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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 (2024-05-05), Ping Identity Holding's share price is $28.50. Ping Identity Holding's Book Value per Share for the quarter that ended in Jun. 2022 was $8.18. Hence, Ping Identity Holding's PB Ratio of today is 3.49.
The historical rank and industry rank for Ping Identity Holding's PB Ratio or its related term are showing as below:
The historical data trend for Ping Identity Holding'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.
Ping Identity Holding Annual Data | |||||||||||
Trend | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | ||||||
PB Ratio | - | - | 2.72 | 3.22 | 2.58 |
Ping Identity Holding Quarterly Data | ||||||||||||||||||
Dec17 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | |
PB Ratio | Get a 7-Day Free Trial | 2.59 | 2.71 | 2.58 | 3.15 | 2.22 |
For the Software - Infrastructure subindustry, Ping Identity Holding'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.
For the Software industry and Technology sector, Ping Identity Holding's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ping Identity Holding's PB Ratio falls into.
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.
Ping Identity Holding's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Jun. 2022) |
= | 28.50 | / | 8.176 | |
= | 3.49 |
* 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:
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.
Ping Identity Holding (NYSE:PING) 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.
Thank you for viewing the detailed overview of Ping Identity Holding's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Vikram Verma | director | 810 WEST MAUDE AVENUE, SUNNYVALE CA 94085 |
Anil Arora | director | C/O YODLEE, INC., 3600 BRIDGE PARKWAY, 2ND FLOOR, REDWOOD CITY CA 94065 |
Andre Wong Durand | director, officer: CEO, Director | C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202 |
Raj M. Dani | officer: Chief Financial Officer | C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202 |
Bryan Kristian Nagel | officer: Chief Operating Officer | C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202 |
Shalini Sharma | officer: Chief Legal Officer | C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202 |
Vista Equity Partners Fund Vi, L.p. | 10 percent owner | 4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111 |
Lauren Adrienne Romer | officer: Chief Legal Officer | C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202 |
Diane J Gherson | director | IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK NY 10504 |
Adriana Zenia Carpenter | officer: Chief Accounting Officer | C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202 |
Paul Edward Martin | director | C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422 |
Martin A Taylor | director | 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401 |
Bernard Harguindeguy | officer: Chief Technology Officer | C/O CRITICAL PATH, 350 THE EMBARCADERO - 6TH FLOOR, SAN FRANCISCO CA 94105 |
Clifford K. Chiu | director | 17855 DALLAS PARKWAY, SUITE 400, DALLAS X1 75287 |
Vepf Vi Gp. Ltd. | 10 percent owner | 4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111 |
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