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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.
Procore Technologies Price-to-Tangible-Book Related Terms
Procore Technologies Price-to-Tangible-Book Historical Data
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The historical data trend for Procore 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.
PCOR vs TTAN, ESTC, IDCC: Price-to-Tangible-Book Comparison
For the Software - Application subindustry, Procore 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.
Procore Technologies Price-to-Tangible-Book vs Software Industry
For the Software industry and Technology sector, Procore Technologies's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Procore Technologies's Price-to-Tangible-Book falls into.
* 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.
Procore Technologies (PCOR) has a Price-to-Tangible-Book of 29.73 as of Sep. 05, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Procore Technologies and its competitors. According to the industry distribution chart, Procore Technologies ranks #2093 out of 2194 companies in the Software industry, placing it in the top 95.4%.
Is Procore Technologies' Price-to-Tangible-Book too high?
Procore Technologies' current Price-to-Tangible-Book is 29.73. The Software industry median Price-to-Tangible-Book is 3.40. Procore Technologies' value of 29.73 is 774.4% above this industry median. Based on the distribution chart, Procore Technologies ranks #2093 out of 2194 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Procore Technologies has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Procore Technologies' Price-to-Tangible-Book compare to TTAN and ESTC?
According to the Software industry distribution chart, Procore Technologies ranks #2093 out of 2194 companies for Price-to-Tangible-Book. This places Procore Technologies in the lower half of its industry. The industry median Price-to-Tangible-Book is 3.40. Procore Technologies' value of 29.73 is 774.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Software company?
The median Price-to-Tangible-Book among Software companies is 3.40, based on 2,194 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Procore Technologies's current Price-to-Tangible-Book of 29.73 is 774.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Procore Technologies and its competitors. For the Software industry, the median Price-to-Tangible-Book is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Procore Technologies's current Price-to-Tangible-Book is 29.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Procore Technologies stock overvalued right now?
Based on GuruFocus' analysis, Procore Technologies (PCOR) is currently considered Significantly Undervalued. The stock's GF Value™ is $84.40, compared to a current price of $58.01 — trading 31.3% below its estimated fair value. The current Price-to-Tangible-Book is 29.73 and 774.4% above the Software industry median of 3.40. Procore Technologies' overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Procore Technologies (PCOR), the current Price-to-Tangible-Book is 29.73 as of Sep. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Procore Technologies (PCOR) Overvalued in 2026?
Based on GuruFocus' analysis, Procore Technologies stock appears to be undervalued.
The current stock price of $58.01 is trading 31.3% below its estimated GF Value™ of $84.40.
GuruFocus considers Procore Technologies to be Significantly Undervalued.
Key valuation signals for PCOR:
Price-to-Tangible-Book: 29.73
GF Value™: $84.40 vs. price of $58.01 (31.3% below fair value)
Industry Position: 774.4% above the Software median (#2093 of 2194)
No single metric tells the full story. See the PCOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Procore Technologies Inc is a cloud-based construction management software company. It generates revenue through subscriptions for access to its software products. The company's products include Design Coordination, BIM, Field Productivity, Project Financials, Invoice Management, Portfolio Financials, Capital Planning, Accounting Integrations, and Analytics. The software products are hosted on its cloud-based SaaS construction management platform. Subscriptions are sold for a fixed fee and revenue is recognized ratably over the term of the subscription.
75GF Score
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