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Route1 (Route1) PB Ratio : 4.86 (As of May. 24, 2024)


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What is Route1 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 (2024-05-24), Route1's share price is $0.04858. Route1's Book Value per Share for the quarter that ended in Dec. 2023 was $0.01. Hence, Route1's PB Ratio of today is 4.86.

The historical rank and industry rank for Route1's PB Ratio or its related term are showing as below:

ROIUF' s PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 10.84   Max: 1000
Current: 4.29

During the past 13 years, Route1's highest PB Ratio was 1000.00. The lowest was 0.49. And the median was 10.84.

ROIUF's PB Ratio is ranked worse than
71.88% of 2578 companies
in the Software industry
Industry Median: 2.67 vs ROIUF: 4.29

During the past 12 months, Route1's average Book Value Per Share Growth Rate was -66.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -36.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Route1 was 91.30% per year. The lowest was -161.60% per year. And the median was 4.90% per year.

Back to Basics: PB Ratio


Route1 PB Ratio Historical Data

The historical data trend for Route1'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.

Route1 PB Ratio Chart

Route1 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.24 16.60 4.03 1.26 1.82

Route1 Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.26 1.46 1.47 1.40 1.82

Competitive Comparison of Route1's PB Ratio

For the Software - Application subindustry, Route1'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.


Route1's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Route1's PB Ratio distribution charts can be found below:

* The bar in red indicates where Route1's PB Ratio falls into.



Route1 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.

Route1's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.04858/0.01
=4.86

* 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.


Route1  (OTCPK:ROIUF) 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.


Route1 PB Ratio Related Terms

Thank you for viewing the detailed overview of Route1's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Route1 (Route1) Business Description

Traded in Other Exchanges
Address
8 King Street East, Suite 600, Toronto, ON, CAN, M5C 1B5
Route1 Inc is a company which delivers security and identity management solutions to enterprises including businesses, government, and military which requires universal, secure access to all digital resources and sensitive data. The company's solutions enable the workforce to be more productive and more flexible without compromising system access, data-at-rest, or data-in-use. Its suite of patented enterprise security solutions combines authentication, data security and secure communications with streamlined administration tools, running on a proven, trusted infrastructure. The company operates its business in US and Canada. Most of the company's revenue comes from the US.

Route1 (Route1) Headlines

From GuruFocus

Route1 Closes $3 Million Private Placement

By ACCESSWIRE ACCESSWIRE 12-17-2020

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By ACCESSWIRE ACCESSWIRE 09-16-2021

Route1 Announces New Date for Business Update Call and Web Cast

By ACCESSWIRE ACCESSWIRE 02-23-2023

Route1 Announces Q2 2023 Financial Results

By ACCESSWIRE 08-26-2023

Route1 Announces Normal Course Issuer Bid

By ACCESSWIRE ACCESSWIRE 09-24-2021

Route1 Announces Change of Auditor

By ACCESSWIRE ACCESSWIRE 12-22-2022