Reti SpA (MIL:RETI) Price-to-Tangible-Book : 2.82 (As of Jun. 24, 2024)

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What is Reti SpA Price-to-Tangible-Book?

As of today (2024-06-24), Reti SpA's share price is €1.92. Reti SpA's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.68. Hence, Reti SpA's Price to Tangible Book Ratio of today is 2.82.

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

MIL:RETI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.63 Med: 2.94 Max: 3.99
Current: 2.82

During the past 6 years, Reti SpA's highest Price to Tangible Book Ratio was 3.99. The lowest was 1.63. And the median was 2.94.

MIL:RETI's Price-to-Tangible-Book is ranked better than
58.15% of 2086 companies
in the Software industry
Industry Median: 3.46 vs MIL:RETI: 2.82

A closely related ratio is called PB Ratio. As of today, Reti SpA's share price is €1.92. Reti SpA's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.71. Hence, Reti SpA's P/B Ratio of today is 2.72.

Reti SpA Price-to-Tangible-Book Historical Data

The historical data trend for Reti SpA'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.

Reti SpA Price-to-Tangible-Book Chart

Reti SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.63

3.99

2.96

2.92

Reti SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial					3.99	3.37	2.96	2.82	2.92

Competitive Comparison of Reti SpA's Price-to-Tangible-Book

For the Information Technology Services subindustry, Reti SpA'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.

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

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

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

Reti SpA Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.92	/	0.682
	=	2.82

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.

Reti SpA Price-to-Tangible-Book Related Terms

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

Reti SpA (MIL:RETI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Reti SpA (MIL:RETI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Dante, 6, Busto Arsizio, ITA, 21052

Website

https://www.reti.it

Reti SpA is engaged in provision of IT consulting, offering its customers (medium and large companies) support services to digital transformation, with a specific focus on system integration services. The company operates through three business lines: IT Solutions, Business Consulting, and Managed Service Provider.

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