Concurrent Technologies (LSE:CNC) Price-to-Tangible-Book : 4.11 (As of May. 25, 2024)

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What is Concurrent Technologies Price-to-Tangible-Book?

As of today (2024-05-25), Concurrent Technologies's share price is £1.015. Concurrent Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.25. Hence, Concurrent Technologies's Price to Tangible Book Ratio of today is 4.11.

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

LSE:CNC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.28 Med: 4.03 Max: 5.29
Current: 4.11

During the past 13 years, Concurrent Technologies's highest Price to Tangible Book Ratio was 5.29. The lowest was 3.28. And the median was 4.03.

LSE:CNC's Price-to-Tangible-Book is ranked worse than
79.5% of 2298 companies
in the Hardware industry
Industry Median: 2.06 vs LSE:CNC: 4.11

A closely related ratio is called PB Ratio. As of today, Concurrent Technologies's share price is £1.015. Concurrent Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.41. Hence, Concurrent Technologies's P/B Ratio of today is 2.48.

Concurrent Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Concurrent Technologies'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.

Concurrent Technologies Price-to-Tangible-Book Chart

Concurrent Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.85

5.28

3.54

3.67

3.28

Concurrent Technologies 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															3.54	3.48	3.67	3.45	3.28

Competitive Comparison of Concurrent Technologies's Price-to-Tangible-Book

For the Computer Hardware subindustry, Concurrent Technologies'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.

Concurrent Technologies's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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

Concurrent Technologies Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.015	/	0.247
	=	4.11

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.

Concurrent Technologies Price-to-Tangible-Book Related Terms

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

Concurrent Technologies (LSE:CNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Concurrent Technologies PLC (LSE:CNC) » Definitions » Price-to-Tangible-Book

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FJV:Germany

Address

4 Gilberd Court, Newcomen Way, Colchester, Essex, GBR, CO4 9WN

Website

https://www.gocct.com

Concurrent Technologies PLC is engaged in designing, manufacturing, and supplying innovative high-end embedded computer products aimed at a wide base of customers within the defense, telecommunications, aerospace, transport, scientific, and industrial markets. Its core product range is central processing unit (CPU) boards, designed using Intel processors including the high-performance 11th-generation embedded Intel Core and Intel Xeon processors designed to be compliant with the CompactPCI, OpenVPX, VME, AMC, and XMC open architecture standards. The company's products also support many operating systems including Microsoft Windows, Linux, Solaris, QNX, and VxWorks, all of which are commonly used as standards in embedded applications.