Nextdc (ASX:NXT) Price-to-Tangible-Book : 3.86 (As of May. 01, 2024)

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What is Nextdc Price-to-Tangible-Book?

As of today (2024-05-01), Nextdc's share price is A$16.20. Nextdc's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$4.20. Hence, Nextdc's Price to Tangible Book Ratio of today is 3.86.

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

ASX:NXT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.48 Med: 2.66 Max: 3.97
Current: 3.86

During the past 13 years, Nextdc's highest Price to Tangible Book Ratio was 3.97. The lowest was 1.48. And the median was 2.66.

ASX:NXT's Price-to-Tangible-Book is ranked worse than
52.53% of 2092 companies
in the Software industry
Industry Median: 3.655 vs ASX:NXT: 3.86

A closely related ratio is called PB Ratio. As of today, Nextdc's share price is A$16.20. Nextdc's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$4.30. Hence, Nextdc's P/B Ratio of today is 3.77.

Nextdc Price-to-Tangible-Book Historical Data

The historical data trend for Nextdc'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.

Nextdc Price-to-Tangible-Book Chart

Nextdc Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.62

2.72

3.29

2.93

2.92

Nextdc 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															3.55	2.93	2.53	2.92	3.23

Competitive Comparison of Nextdc's Price-to-Tangible-Book

For the Information Technology Services subindustry, Nextdc'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.

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

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

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

Nextdc Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	16.20	/	4.199
	=	3.86

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.

Nextdc Price-to-Tangible-Book Related Terms

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

Nextdc (ASX:NXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nextdc Ltd (ASX:NXT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NXDCF:USA 2NX:Germany

Address

20 Wharf Street, Brisbane, QLD, AUS, 4000

Website

https://www.nextdc.com

NextDC operates 13 data centers across five major Australian cities with a focus on colocation of and interconnection between enterprises, global cloud, and ICT providers and telecommunication networks. It has another 7 data centers in development or planning stage. NextDC provides physical space, cooling, power and security services and offers optional technical and project management support. The company's tenants store their servers within the data center and can connect to each other, to and between global public cloud providers and telecommunication network providers via physical and virtual connections. Colocation services allow enterprises to enhance security of data transmission and reduce latency, that is, speed up the transfer of data. NextDC services tenants of all sizes.