Pivotree (TSXV:PVT) PB Ratio : 0.71 (As of Apr. 25, 2024)

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What is Pivotree 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), Pivotree's share price is C$1.54. Pivotree's Book Value per Share for the quarter that ended in Dec. 2023 was C$2.17. Hence, Pivotree's PB Ratio of today is 0.71.

Good Sign:

Pivotree Inc stock PB Ratio (=0.67) is close to 5-year low of 0.66

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

TSXV:PVT' s PB Ratio Range Over the Past 10 Years
Min: 0.66 Med: 1.46 Max: 22.48
Current: 0.67

During the past 5 years, Pivotree's highest PB Ratio was 22.48. The lowest was 0.66. And the median was 1.46.

TSXV:PVT's PB Ratio is ranked better than
92.28% of 2578 companies
in the Software industry
Industry Median: 2.615 vs TSXV:PVT: 0.67

During the past 12 months, Pivotree's average Book Value Per Share Growth Rate was -11.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -11.20% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Pivotree was 5.20% per year. The lowest was -11.20% per year. And the median was -3.00% per year.

Back to Basics: PB Ratio

Pivotree PB Ratio Historical Data

The historical data trend for Pivotree'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.

Pivotree PB Ratio Chart

Pivotree Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

4.25

1.63

1.35

0.71

Pivotree Quarterly Data
	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													1.35	1.49	1.08	0.88	0.71

Competitive Comparison of Pivotree's PB Ratio

For the Information Technology Services subindustry, Pivotree'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.

Pivotree's PB Ratio Distribution in the Software Industry

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

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

Pivotree 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.54	/	2.174
	=	0.71

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.

Pivotree (TSXV:PVT) 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.

Pivotree PB Ratio Related Terms

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

Pivotree (TSXV:PVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pivotree Inc (TSXV:PVT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

PVTRF:USA 8AV:Germany

Address

6300 Northam Drive, Mississauga, ON, CAN, L4V 1H7

Website

https://www.pivotree.com

Pivotree Inc Company designs, integrates, deploys, and manages digital platforms in Commerce, Data Management and Supply Chain for major retail and branded manufacturers throughout the world. Pivotree provides the technical skills necessary to enable the effective use of technologies combined with the business context to leverage a solution to solve clients' business challenges. Pivotree's portfolio of products, managed and professional services help provide B2B2C digital businesses with end-to-end service to manage complex digital commerce platforms. It operates in two segments: professional and managed services. Pivotree serves market-leading brands and forward-thinking B2C and B2B companies, including many Fortune 1000. The majority of its revenue comes from North America.

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