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Better Collective AS (OSTO:BETCO) Price-to-Tangible-Book : (As of May. 17, 2024)


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What is Better Collective AS Price-to-Tangible-Book?

As of today (2024-05-17), Better Collective AS's share price is kr287.50. Better Collective AS's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr-75.88. Hence, Better Collective AS's Price to Tangible Book Ratio of today is .

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

OSTO:BETCO's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.65
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Better Collective AS's share price is kr287.50. Better Collective AS's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr90.20. Hence, Better Collective AS's P/B Ratio of today is 3.19.


Better Collective AS Price-to-Tangible-Book Historical Data

The historical data trend for Better Collective AS'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.

Better Collective AS Price-to-Tangible-Book Chart

Better Collective AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Better Collective AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Better Collective AS's Price-to-Tangible-Book

For the Software - Application subindustry, Better Collective AS'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.


Better Collective AS's Price-to-Tangible-Book Distribution in the Software Industry

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

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



Better Collective AS Price-to-Tangible-Book Calculation

Better Collective AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=287.50/-75.877
=

* 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.

It can also be calculated from the numbers for the whole company:

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.


Better Collective AS Price-to-Tangible-Book Related Terms

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


Better Collective AS (OSTO:BETCO) Business Description

Traded in Other Exchanges
Address
Toldbodgade 12, Copenhagen, DNK, 1253
Better Collective AS is a developer of educational platforms within the iGaming industry. The company's segment includes Publishing and Paid Media. It generates maximum revenue from the Publishing segment. The Publishing business segment includes revenue from Better Collective's proprietary online platforms and media partnerships where the online traffic is coming either directly or through organic search results.

Better Collective AS (OSTO:BETCO) Headlines

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