ReadSoft AB (LTS:0GQO) Price-to-Tangible-Book : 25.58 (As of Jun. 24, 2024)

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What is ReadSoft AB Price-to-Tangible-Book?

As of today (2024-06-24), ReadSoft AB's share price is kr55.50. ReadSoft AB's Tangible Book per Share of Jun. 2014 for the quarter that ended in Jun. 2014 was kr2.17. Hence, ReadSoft AB's Price to Tangible Book Ratio of today is 25.58.

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

During the past 13 years, ReadSoft AB's highest Price to Tangible Book Ratio was 20.41. The lowest was 0.00. And the median was 6.40.

LTS:0GQO's Price-to-Tangible-Book is not ranked ^*
in the Software industry.
Industry Median: 3.46
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, ReadSoft AB's share price is kr55.50. ReadSoft AB's Book Value per Sharefor the quarter that ended in Jun. 2014 was kr10.65. Hence, ReadSoft AB's P/B Ratio of today is 5.21.

ReadSoft AB Price-to-Tangible-Book Historical Data

The historical data trend for ReadSoft AB'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.

ReadSoft AB Price-to-Tangible-Book Chart

ReadSoft AB Annual Data

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Price-to-Tangible-Book

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ReadSoft AB Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	20.40

Competitive Comparison of ReadSoft AB's Price-to-Tangible-Book

For the Software - Application subindustry, ReadSoft AB'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.

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

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

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

ReadSoft AB Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2014 )
	=	55.50	/	2.17
	=	25.58

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.

ReadSoft AB Price-to-Tangible-Book Related Terms

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

ReadSoft AB (LTS:0GQO) Business Description

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ReadSoft AB is a Sweden-based company that creates and markets software and services for document automation, processes such as data entry, information verification, document workflows, and e-voicing. The company operates in over 16 countries worldwide, with partnerships in an additional 70. The company offers solutions primarily for industries such as banking, manufacturing, service bureaus, market research, insurance, government, and medical. Major customers include IKEA, Audi, Porsche, Yves Rocher, Swedish Tax, DaimlerChrysler, HSBS Bank, Avon, Bosch, London Underground, New York Transit, Toyota, Volvo, Monoprix, Ericsson, and ING. The company is headquartered in Helsingborg, Sweden. The company offers ReadSoft DOCUMENTS, a complete software platform for document automation. The product incorporates five Automation Areas: Capture, capturing the information in any format and making it ready for electronic processing; Understand, enabling the computer to read, sort, interpret, extract, and index documents electronically; Manage, providing customers with control of electronic documents, including the verification and quality control with archiving and monitoring capabilities; Integrate, integration with the business software; and Interchange, Electronic Data Interchange. Capabilities within each Automation Area are customized to the needs of the customer, and solutions can be expanded to include any required extra capabilities. Also, this software can be integrated with systems such as SAP and Oracle E-Business Suite, Intentia, and IFS. ReadSoft business solutions for specific areas include: ReadSoft Documents for Mailrooms, Documents for EDI, Documents for Invoices, and Documents for Forms. Additionally, the company offers Professional Services such as project management and customization, Solution Optimization, Training, and Technical Support.

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