Comms Group (ASX:CCG) Price-to-Tangible-Book : 5.27 (As of Jun. 25, 2024)

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What is Comms Group Price-to-Tangible-Book?

As of today (2024-06-25), Comms Group's share price is A$0.058. Comms Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.01. Hence, Comms Group's Price to Tangible Book Ratio of today is 5.27.

The historical rank and industry rank for Comms Group's Price-to-Tangible-Book or its related term are showing as below:

ASX:CCG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.17 Med: 5.91 Max: 15
Current: 5.8

During the past 6 years, Comms Group's highest Price to Tangible Book Ratio was 15.00. The lowest was 4.17. And the median was 5.91.

ASX:CCG's Price-to-Tangible-Book is ranked worse than
66.19% of 2088 companies
in the Software industry
Industry Median: 3.44 vs ASX:CCG: 5.80

A closely related ratio is called PB Ratio. As of today, Comms Group's share price is A$0.058. Comms Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.08. Hence, Comms Group's P/B Ratio of today is 0.72.

Comms Group Price-to-Tangible-Book Historical Data

The historical data trend for Comms Group's Price-to-Tangible-Book 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.

Comms Group Price-to-Tangible-Book Chart

Comms Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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7.00

5.31

Comms Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial								-	-	-	-	5.91

Competitive Comparison of Comms Group's Price-to-Tangible-Book

For the Information Technology Services subindustry, Comms Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Comms Group's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Comms Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Comms Group's Price-to-Tangible-Book falls into.

Comms Group Price-to-Tangible-Book Calculation

Comms Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.058	/	0.011
	=	5.27

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Comms Group Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Comms Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Comms Group (ASX:CCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Comms Group Ltd (ASX:CCG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Clarence Street, Level 3, Sydney, NSW, AUS, 2000

Website

https://www.commsgroup.limited

Comms Group Ltd is an information and communication technology (ICT) business, providing a comprehensive vendor-agnostic ICT managed service. The company's segment includes Global; SME and ICT. It generates revenue from Voice; Data and Managed service. Geographically, It derives revenue from Australia. The company's product categories include Connect; Collaborate and Manage. The company generates the majority of its revenue from the SME segment.

Comms Group (ASX:CCG) Headlines

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