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Harvest Technology Group (ASX:HTG) Price-to-Tangible-Book : (As of May. 31, 2024)


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What is Harvest Technology Group Price-to-Tangible-Book?

As of today (2024-05-31), Harvest Technology Group's share price is A$0.018. Harvest Technology Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$-0.00. Hence, Harvest Technology Group's Price to Tangible Book Ratio of today is .

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

During the past 8 years, Harvest Technology Group's highest Price to Tangible Book Ratio was 105.82. The lowest was 2.62. And the median was 4.41.

ASX:HTG's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.52
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Harvest Technology Group's share price is A$0.018. Harvest Technology Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.01. Hence, Harvest Technology Group's P/B Ratio of today is 3.60.


Harvest Technology Group Price-to-Tangible-Book Historical Data

The historical data trend for Harvest Technology 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.

Harvest Technology Group Price-to-Tangible-Book Chart

Harvest Technology Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial 2.62 16.69 28.86 22.50 -

Harvest Technology Group Semi-Annual Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.50 22.50 - - -

Competitive Comparison of Harvest Technology Group's Price-to-Tangible-Book

For the Software - Application subindustry, Harvest Technology 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.


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

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

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



Harvest Technology Group Price-to-Tangible-Book Calculation

Harvest Technology 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 )
=0.018/-0.004
=

* 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 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.


Harvest Technology Group Price-to-Tangible-Book Related Terms

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


Harvest Technology Group (ASX:HTG) Business Description

Traded in Other Exchanges
N/A
Address
16 Ord Street, Ground Floor, West Perth, Perth, WA, AUS, 6005
Harvest Technology Group Ltd provides hardware and software solutions to the energy, resources, and renewables sectors. The company's software solutions provide secure encrypted transfer of data, including high-definition video and audio, from anywhere via satellite or congested networks at ultra-low bandwidths. It operates in two segments: Subsea and asset integrity risk mitigation and Remote communications technology. The majority of the revenue comes from the Remote communications technology segment that generates income from the provision of data transfer, encryption, and compression services to clients operating in offshore and remote environments.

Harvest Technology Group (ASX:HTG) Headlines

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