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RYDE (Ryde Group) Price-to-Tangible-Book : 2.57 (As of Apr. 12, 2025)


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What is Ryde Group Price-to-Tangible-Book?

As of today (2025-04-12), Ryde Group's share price is $0.2265. Ryde Group's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was $0.09. Hence, Ryde Group's Price to Tangible Book Ratio of today is 2.57.

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

RYDE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.52   Med: 69.32   Max: 69.32
Current: 2.52

During the past 3 years, Ryde Group's highest Price to Tangible Book Ratio was 69.32. The lowest was 2.52. And the median was 69.32.

RYDE's Price-to-Tangible-Book is ranked better than
60.96% of 2136 companies
in the Software industry
Industry Median: 3.34 vs RYDE: 2.52

A closely related ratio is called PB Ratio. As of today, Ryde Group's share price is $0.2265. Ryde Group's Book Value per Sharefor the quarter that ended in Jun. 2024 was $0.11. Hence, Ryde Group's P/B Ratio of today is 1.99.

Ryde Group Price-to-Tangible-Book Historical Data

The historical data trend for Ryde Group'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.

Ryde Group Price-to-Tangible-Book Chart

Ryde Group Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - -

Ryde Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Price-to-Tangible-Book Get a 7-Day Free Trial - - - - 69.32

Competitive Comparison of Ryde Group's Price-to-Tangible-Book

For the Software - Application subindustry, Ryde Group'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.

Ryde Group's Price-to-Tangible-Book Distribution in the Software Industry

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

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


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Ryde Group Price-to-Tangible-Book Calculation

Ryde Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=0.2265/0.088
=2.57

* 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:

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.

Ryde Group Price-to-Tangible-Book Related Terms

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

Ryde Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ryde Group Ltd (AMEX:RYDE) » Definitions » Price-to-Tangible-Book
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Traded in Other Exchanges
D0S:Germany
Address
No. 08-21, Duo Tower, 3 Fraser Street, Singapore, SGP, 189352
Website
https://www.rydesharing.com
Ryde Group Ltd is a company providing a super mobility app offering ultimate convenience and reliability for their customers through multiple mobility tools that can be accessed and function seamlessly out of a single app. The company operates in the following segments such as being mobility where it provides on-demand and scheduled carpooling and ride-hailing services, matching riders to driver partners; and quick commerce where it provides on-demand, scheduled, and multi-stop parcel delivery services.