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Chegg (FRA:0CG) Price-to-Tangible-Book : 1.34 (As of May. 25, 2024)


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What is Chegg Price-to-Tangible-Book?

As of today (2024-05-25), Chegg's share price is €3.472. Chegg's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €2.60. Hence, Chegg's Price to Tangible Book Ratio of today is 1.34.

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

FRA:0CG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.31   Med: 8.1   Max: 71.14
Current: 1.31

During the past 13 years, Chegg's highest Price to Tangible Book Ratio was 71.14. The lowest was 1.31. And the median was 8.10.

FRA:0CG's Price-to-Tangible-Book is ranked better than
62.96% of 216 companies
in the Education industry
Industry Median: 2.035 vs FRA:0CG: 1.31

A closely related ratio is called PB Ratio. As of today, Chegg's share price is €3.472. Chegg's Book Value per Sharefor the quarter that ended in Mar. 2024 was €8.73. Hence, Chegg's P/B Ratio of today is 0.40.


Chegg Price-to-Tangible-Book Historical Data

The historical data trend for Chegg'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.

Chegg Price-to-Tangible-Book Chart

Chegg Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.40 41.46 5.14 7.53 4.41

Chegg Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.13 2.98 2.88 4.41 2.68

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

For the Education & Training Services subindustry, Chegg'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.


Chegg's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Chegg's Price-to-Tangible-Book distribution charts can be found below:

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



Chegg Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3.472/2.595
=1.34

* 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.


Chegg Price-to-Tangible-Book Related Terms

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


Chegg (FRA:0CG) Business Description

Traded in Other Exchanges
Address
3990 Freedom Circle, Santa Clara, CA, USA, 95054
Chegg Inc is an American educational services company. The Chegg platform provides products and services to support learners with their academic course materials, as well as their career and personal skills development. The company's service and product offerings fall into two categories: Subscription Services, which encompasses Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through the company's websites and on mobile devices, and Skills and Other, which encompasses skills, advertising services, print textbooks and eTextbooks offerings.

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