STEER Technologies (FRA:H1Y) PB Ratio : 1.88 (As of Apr. 25, 2024)

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What is STEER 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 (2024-04-25), STEER Technologies's share price is €0.218. STEER Technologies's Book Value per Share for the quarter that ended in Sep. 2023 was €0.12. Hence, STEER Technologies's PB Ratio of today is 1.88.

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

FRA:H1Y' s PB Ratio Range Over the Past 10 Years
Min: 0.37 Med: 9.86 Max: 323.81
Current: 1.98

During the past 5 years, STEER Technologies's highest PB Ratio was 323.81. The lowest was 0.37. And the median was 9.86.

FRA:H1Y's PB Ratio is ranked better than
63.42% of 2578 companies
in the Software industry
Industry Median: 2.615 vs FRA:H1Y: 1.98

During the past 12 months, STEER Technologies's average Book Value Per Share Growth Rate was 114.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -60.60% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of STEER Technologies was -26.90% per year. The lowest was -60.60% per year. And the median was -43.75% per year.

Back to Basics: PB Ratio

STEER Technologies PB Ratio Historical Data

The historical data trend for STEER 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.

STEER Technologies PB Ratio Chart

STEER Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

109.26

8.71

110.25

STEER Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
PB Ratio	Get a 7-Day Free Trial															7.63	110.25	1.65	0.78	0.43

Competitive Comparison of STEER Technologies's PB Ratio

For the Software - Application subindustry, STEER 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.

STEER Technologies's PB Ratio Distribution in the Software Industry

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

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

STEER 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.218	/	0.116
	=	1.88

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.

STEER Technologies (FRA:H1Y) 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.

STEER Technologies PB Ratio Related Terms

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STEER Technologies (FRA:H1Y) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » STEER Technologies Inc (FRA:H1Y) » Definitions » PB Ratio

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STEEF:USA STER:Canada

Address

44 East Beaver Creek Road, Unit 16, Richmond Hill, ON, CAN, L4B 1G8

Website

https://www.steeresg.com

STEER Technologies Inc is an integrated ESG technology platform that moves people and delivers things through subscription and on-demand services. The company's goal is to build a one-of-a-kind system that aggregates conscientious users and enables them to buy, sell, or invest with the same platform. STEER offerings generally fall into two categories namely subscription-based offerings led by its flagship electric vehicle subscription business, STEER EV, and on-demand services incorporating B2B marketplace, Delivery-as-a-Service (DaaS), and rideshare businesses. The company's platform is powered by EcoCRED, it's analytics and machine learning engine which seeks to capture, analyze, parse, and report on key data points to measure the carbon impact.

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