WiseTech Global (ASX:WTC) PB Ratio : 15.56 (As of May. 06, 2024)

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What is WiseTech Global 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 (2024-05-06), WiseTech Global's share price is A$94.31. WiseTech Global's Book Value per Share for the quarter that ended in Dec. 2023 was A$6.06. Hence, WiseTech Global's PB Ratio of today is 15.56.

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

ASX:WTC' s PB Ratio Range Over the Past 10 Years
Min: 4.9 Med: 12.82 Max: 24.25
Current: 15.56

During the past 8 years, WiseTech Global's highest PB Ratio was 24.25. The lowest was 4.90. And the median was 12.82.

ASX:WTC's PB Ratio is ranked worse than
92.84% of 2583 companies
in the Software industry
Industry Median: 2.68 vs ASX:WTC: 15.56

During the past 12 months, WiseTech Global's average Book Value Per Share Growth Rate was 37.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 22.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 31.40% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of WiseTech Global was 61.90% per year. The lowest was 18.70% per year. And the median was 42.60% per year.

Back to Basics: PB Ratio

WiseTech Global PB Ratio Historical Data

The historical data trend for WiseTech Global'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.

WiseTech Global PB Ratio Chart

WiseTech Global Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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11.50

6.23

9.38

9.39

13.98

WiseTech Global Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial											16.04	9.39	11.51	13.98	12.44

Competitive Comparison of WiseTech Global's PB Ratio

For the Software - Application subindustry, WiseTech Global'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.

WiseTech Global's PB Ratio Distribution in the Software Industry

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

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

WiseTech Global 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.

WiseTech Global's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	94.31	/	6.061
	=	15.56

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.

WiseTech Global (ASX:WTC) 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.

WiseTech Global PB Ratio Related Terms

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

WiseTech Global (ASX:WTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WiseTech Global Ltd (ASX:WTC) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

WIGBY:USA WTCHF:USA 17W:Germany

Address

72 O’Riordan Street, Unit 3a, Alexandria, Sydney, NSW, AUS, 2015

Website

https://www.wisetechglobal.com

WiseTech is a founder-led technology company that provides logistics software. WiseTech's core product suite, CargoWise, provides the best-in-class software solution for international freight-forwarding and boasts industry-leading annual customer retention rates of over 99%. CargoWise's main competition consists of in-house software solutions and manual processes, providing a large and highly winnable market opportunity for WiseTech's current and future products.

WiseTech Global (ASX:WTC) Headlines

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