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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 (2024-04-25), SoundHound AI's share price is $4.16. SoundHound AI's Book Value per Share for the quarter that ended in Dec. 2023 was $0.06. Hence, SoundHound AI's PB Ratio of today is 75.64.
The historical rank and industry rank for SoundHound AI's PB Ratio or its related term are showing as below:
During the past 4 years, SoundHound AI's highest PB Ratio was 162.00. The lowest was 30.33. And the median was 48.94.
The historical data trend for SoundHound AI'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.
SoundHound AI Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
PB Ratio | - | - | - | 38.55 |
SoundHound AI Quarterly Data | ||||||||||||
Dec20 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
PB Ratio | Get a 7-Day Free Trial | - | - | 75.83 | 42.77 | 38.55 |
For the Software - Application subindustry, SoundHound AI'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, SoundHound AI's PB Ratio distribution charts can be found below:
* The bar in red indicates where SoundHound AI'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.
SoundHound AI's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Dec. 2023) |
= | 4.16 | / | 0.055 | |
= | 75.64 |
* 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.
SoundHound AI (NAS:SOUN) 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 SoundHound AI's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Timothy Stonehocker | officer: Chief Technology Officer | 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054 |
Michael Zagorsek | officer: Chief Operating Officer | 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054 |
Lawrence Marcus | director | 2105 WOODSIDE RD., WOODSIDE CA 94062 |
Nitesh Sharan | officer: Chief Financial Officer | 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054 |
Keyvan Mohajer | director, 10 percent owner, officer: CEO | 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054 |
Majid Emami | 10 percent owner, officer: VP, Engineering | 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054 |
James Ming Hom | director, officer: VP, Products | 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054 |
Diana Sroka | director | 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054 |
Eric R. Ball | director | C/O GLU MOBILE INC., 45 FREMONT STREET, SUITE 2800, SAN FRANCISCO CA 94105 |
Global Catalyst Partners Iii L P | 10 percent owner | 6239 MOJAVE DRIVE, SAN JOSE CA 95120 |
Zubin Irani | officer: Chief Revenue Officer | 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054 |
Global Catalyst Venture Management Iii, Llc | 10 percent owner | 6239 MOJAVE DRIVE, SAN JOSE CA 95120 |
Stephen N Cannon | director, 10 percent owner, officer: Chief Executive Officer | 13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS ROAD CENTRAL, HONG KONG K3 K3 00000 |
Bryant B Edwards | director | 25/28 OLD BURLINGTON STREET, LONDON X0 W1S 3AN |
Daniel L Sheehan | officer: Chief Operating Officer | 38 KEYES AVENUE SUITE 204, SAN FRANCISCO CA 94129 |
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