Connected IO (ASX:CIO) Price-to-Tangible-Book : 4.50 (As of May. 16, 2024)

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What is Connected IO Price-to-Tangible-Book?

As of today (2024-05-16), Connected IO's share price is A$0.018. Connected IO's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.00. Hence, Connected IO's Price to Tangible Book Ratio of today is 4.50.

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

During the past 13 years, Connected IO's highest Price to Tangible Book Ratio was 30.86. The lowest was 1.85. And the median was 7.19.

ASX:CIO's Price-to-Tangible-Book is not ranked ^*
in the Hardware industry.
Industry Median: 2.05
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Connected IO's share price is A$0.018. Connected IO's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.00. Hence, Connected IO's P/B Ratio of today is 4.50.

Connected IO Price-to-Tangible-Book Historical Data

The historical data trend for Connected IO'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.

Connected IO Price-to-Tangible-Book Chart

Connected IO Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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8.00

3.60

Connected IO Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															9.60	8.00	3.00	3.60	4.50

Competitive Comparison of Connected IO's Price-to-Tangible-Book

For the Communication Equipment subindustry, Connected IO'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.

Connected IO's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Connected IO's Price-to-Tangible-Book distribution charts can be found below:

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

Connected IO Price-to-Tangible-Book Calculation

Connected IO's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.018	/	0.004
	=	4.50

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.

Connected IO Price-to-Tangible-Book Related Terms

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

Connected IO (ASX:CIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Connected IO Ltd (ASX:CIO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 St Georges Terrace, Level 24, Perth, WA, AUS, 6000

Website

https://www.connectedio.com

Connected IO Ltd develops wireless products for machine-to-machine (M2M) communications and Internet of Things (IoT) connectivity. The company provides embedded product engineering, software development, and industrial design services to product and technology companies in select market segments. Its product profile includes drones, wireless LAN, Employment terminals, Robotics, Kiosks, Vending machines, and others. It is focused on sales and marketing of the Group's products and further product development The Group is in the business of providing certain hardware including routers, cellular enabled products and other related hardware products. The Group generates revenue largely in the United States of America.