Checkit (LSE:CKT) Price-to-Tangible-Book : 2.58 (As of Jun. 24, 2024)

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What is Checkit Price-to-Tangible-Book?

As of today (2024-06-24), Checkit's share price is £0.23. Checkit's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was £0.09. Hence, Checkit's Price to Tangible Book Ratio of today is 2.58.

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

LSE:CKT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.34 Med: 2.23 Max: 6.11
Current: 2.56

During the past 13 years, Checkit's highest Price to Tangible Book Ratio was 6.11. The lowest was 1.34. And the median was 2.23.

LSE:CKT's Price-to-Tangible-Book is ranked better than
61.16% of 2088 companies
in the Software industry
Industry Median: 3.47 vs LSE:CKT: 2.56

A closely related ratio is called PB Ratio. As of today, Checkit's share price is £0.23. Checkit's Book Value per Sharefor the quarter that ended in Jan. 2024 was £0.14. Hence, Checkit's P/B Ratio of today is 1.70.

Checkit Price-to-Tangible-Book Historical Data

The historical data trend for Checkit'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.

Checkit Price-to-Tangible-Book Chart

Checkit Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Price-to-Tangible-Book

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1.34

2.45

1.99

1.70

2.58

Checkit Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.99	1.67	1.70	1.86	2.58

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

For the Software - Application subindustry, Checkit'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.

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

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

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

Checkit Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	0.23	/	0.089
	=	2.58

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.

Checkit Price-to-Tangible-Book Related Terms

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

Checkit (LSE:CKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Checkit PLC (LSE:CKT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

JJ Thomson Avenue, Broers Building, Cambridge, GBR, CB3 0FA

Website

https://www.checkit.net

Checkit PLC is a real-time operation management software company engaged in providing intelligent operations management platforms for desk less workforces, enabling operational agility and intelligent decision-making in large multinational and complex national organizations. The company's subscription business model offers optional plugins for smart sensor networks and workflow task management. Its solutions apply digital tools and monitoring to transform workforce management and incorporate physical assets into a digital ecosystem using Internet of Things (IoT) sensors and monitoring devices. The company has two operating segments; the United Kingdom, and The Americas. It derives a majority of its revenue from the United Kingdom.

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