IDEX Biometrics ASA (OSL:IDEX) Price-to-Tangible-Book : 2.62 (As of May. 04, 2024)

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What is IDEX Biometrics ASA Price-to-Tangible-Book?

As of today (2024-05-04), IDEX Biometrics ASA's share price is kr1.8688. IDEX Biometrics ASA's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was kr0.71. Hence, IDEX Biometrics ASA's Price to Tangible Book Ratio of today is 2.62.

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

OSL:IDEX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.62 Med: 8.48 Max: 78.72
Current: 2.63

During the past 13 years, IDEX Biometrics ASA's highest Price to Tangible Book Ratio was 78.72. The lowest was 2.62. And the median was 8.48.

OSL:IDEX's Price-to-Tangible-Book is ranked better than
62.06% of 2090 companies
in the Software industry
Industry Median: 3.63 vs OSL:IDEX: 2.63

A closely related ratio is called PB Ratio. As of today, IDEX Biometrics ASA's share price is kr1.8688. IDEX Biometrics ASA's Book Value per Sharefor the quarter that ended in Jun. 2023 was kr0.80. Hence, IDEX Biometrics ASA's P/B Ratio of today is 2.32.

IDEX Biometrics ASA Price-to-Tangible-Book Historical Data

The historical data trend for IDEX Biometrics ASA'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.

IDEX Biometrics ASA Price-to-Tangible-Book Chart

IDEX Biometrics ASA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

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20.76

7.13

31.30

10.22

5.79

IDEX Biometrics ASA Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial															6.02	6.07	5.79	8.04	5.01

Competitive Comparison of IDEX Biometrics ASA's Price-to-Tangible-Book

For the Software - Application subindustry, IDEX Biometrics ASA'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.

IDEX Biometrics ASA's Price-to-Tangible-Book Distribution in the Software Industry

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

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

IDEX Biometrics ASA Price-to-Tangible-Book Calculation

IDEX Biometrics ASA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	1.8688	/	0.713
	=	2.62

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.

IDEX Biometrics ASA Price-to-Tangible-Book Related Terms

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

IDEX Biometrics ASA (OSL:IDEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IDEX Biometrics ASA (OSL:IDEX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

IDXAD:USA IDEXO:Sweden I8X0:Germany

Address

Dronning Eufemias gate 16, Fornebu, Oslo, NOR, NO?0191

Website

https://www.idexbiometrics.com

IDEX Biometrics ASA is a fingerprint imaging, recognition, and authentication technology company. It is engaged in developing and commercializing fingerprint authentication solutions optimized for use in smart cards, based on patented and proprietary sensor technologies, integrated circuit designs, and specialized firmware and software. IDEX provides hardware and software fingerprint solutions suitable for embedding into products to strengthen security and enhance user-friendliness products. Its product portfolio includes Biometric fingerprint sensors, Biometrics fingerprint modules, Enrollment solutions, and others. The company operates in Europe, the Middle East, and Africa, America, and Asia.