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 (2024-04-30), Ncino's share price is $29.16. Ncino's Book Value per Share for the quarter that ended in Jan. 2024 was $9.23. Hence, Ncino's PB Ratio of today is 3.16.
The historical rank and industry rank for Ncino's PB Ratio or its related term are showing as below:
NCNO'
s PB Ratio Range Over the Past 10 Years
Min: 2.39 Med: 3.76 Max: 40.28
Current: 3.16
During the past 7 years, Ncino's highest PB Ratio was 40.28. The lowest was 2.39. And the median was 3.76.
NCNO's PB Ratio is ranked worse than 57.62% of 2579
companies
in the Software industry
Industry Median: 2.67
vs NCNO: 3.16
During the past 12 months, Ncino's average Book Value Per Share Growth Rate was 0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 26.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 68.10% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Ncino was 136.30% per year. The lowest was 26.70% per year. And the median was 69.90% per year.
Back to Basics: PB Ratio
Ncino PB Ratio Historical Data
The historical data trend for Ncino'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.
For the Software - Application subindustry, Ncino'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.
Ncino's PB Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Ncino's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ncino's PB Ratio falls into.
Ncino 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.
Ncino's PB Ratio for today is calculated as follows:
* 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.
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.
Ncino PB Ratio Related Terms
Thank you for viewing the detailed overview of Ncino's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Ncino Inc is a provider of cloud-based software for financial institutions. Its software solution digitizes, automates, and streamlines inefficient and complex processes & workflow and utilizes data analytics & artificial intelligence that enables financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, open deposit, and other accounts and manage regulatory compliance. It also offers professional services, including configuration & implementation, training, and advisory services. Ncino generates the majority of its revenue from subscription services. The company caters to global financial institutions, enterprise banks, regional banks, community banks, and credit unions. The vast majority of its revenue comes from the United States.
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