As of today (2024-04-29), Blend Labs's share price is $2.25. Blend Labs's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-0.09. Hence, Blend Labs's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Blend Labs's Price-to-Tangible-Book or its related term are showing as below:
During the past 5 years, Blend Labs's highest Price to Tangible Book Ratio was 5.38. The lowest was 2.87. And the median was 4.13.
BLND's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.65 * Ranked among companies with meaningful Price-to-Tangible-Book only.
The historical data trend for Blend Labs'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.
Competitive Comparison of Blend Labs's Price-to-Tangible-Book
For the Software - Application subindustry, Blend Labs'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.
Blend Labs's Price-to-Tangible-Book Distribution in the Software Industry
For the Software industry and Technology sector, Blend Labs's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Blend Labs's Price-to-Tangible-Book falls into.
Blend Labs Price-to-Tangible-Book Calculation
Blend Labs's price-to-tangible-book ratio for today is calculated as:
* 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.
Blend Labs Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Blend Labs's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Its operating segments are 1) Blend Platform comprises a suite of products that power the entire origination process from back-end workflows to consumer experience. 2) Title365 enables customers to streamline the title, settlement, and closing process at scale for mortgages, home equity lines of credit, and home equity loans. The majority of revenue is earned from the blend platform segment.
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