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Change Financial (Change Financial) Price-to-Tangible-Book : (As of Jun. 10, 2024)


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What is Change Financial Price-to-Tangible-Book?

As of today (2024-06-10), Change Financial's share price is $0.0377. Change Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.00. Hence, Change Financial's Price to Tangible Book Ratio of today is .

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

During the past 8 years, Change Financial's highest Price to Tangible Book Ratio was 62.00. The lowest was 2.50. And the median was 9.74.

CNGFF's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.47
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Change Financial's share price is $0.0377. Change Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.01. Hence, Change Financial's P/B Ratio of today is 3.43.


Change Financial Price-to-Tangible-Book Historical Data

The historical data trend for Change Financial'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.

Change Financial Price-to-Tangible-Book Chart

Change Financial Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial 13.33 7.50 19.75 - 12.57

Change Financial 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 - - - 12.57 -

Competitive Comparison of Change Financial's Price-to-Tangible-Book

For the Information Technology Services subindustry, Change Financial'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.


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

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

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



Change Financial Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.0377/0
=

* 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.


Change Financial Price-to-Tangible-Book Related Terms

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


Change Financial (Change Financial) Business Description

Traded in Other Exchanges
Address
82 Eagle Street, Level 11, Brisbane, QLD, AUS, 4000
Change Financial Ltd is a fintech company. It develops payment processors and provides mobile banking services through its mobile application. The company operates in a single segment that is the development and provision of card payments software and services. The company serves business and financial institutions.

Change Financial (Change Financial) Headlines

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