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SolidX AB (XSAT:SOLIDX) Price-to-Tangible-Book : 33.76 (As of Jun. 22, 2024)


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What is SolidX AB Price-to-Tangible-Book?

As of today (2024-06-22), SolidX AB's share price is kr3.14. SolidX AB's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was kr0.09. Hence, SolidX AB's Price to Tangible Book Ratio of today is 33.76.

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

XSAT:SOLIDX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 9.84   Med: 15.24   Max: 53.55
Current: 34.89

During the past 3 years, SolidX AB's highest Price to Tangible Book Ratio was 53.55. The lowest was 9.84. And the median was 15.24.

XSAT:SOLIDX's Price-to-Tangible-Book is ranked worse than
94.25% of 2086 companies
in the Software industry
Industry Median: 3.46 vs XSAT:SOLIDX: 34.89

A closely related ratio is called PB Ratio. As of today, SolidX AB's share price is kr3.14. SolidX AB's Book Value per Sharefor the quarter that ended in Jan. 2024 was kr1.07. Hence, SolidX AB's P/B Ratio of today is 2.93.


SolidX AB Price-to-Tangible-Book Historical Data

The historical data trend for SolidX AB'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.

SolidX AB Price-to-Tangible-Book Chart

SolidX AB Annual Data
Trend Apr20 Apr21 Apr22
Price-to-Tangible-Book
- - 21.41

SolidX AB Quarterly Data
Apr20 Jul20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.14 14.93 11.48 9.84 53.55

Competitive Comparison of SolidX AB's Price-to-Tangible-Book

For the Information Technology Services subindustry, SolidX AB'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.


SolidX AB's Price-to-Tangible-Book Distribution in the Software Industry

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

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



SolidX AB Price-to-Tangible-Book Calculation

SolidX AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=3.14/0.093
=33.76

* 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.


SolidX AB Price-to-Tangible-Book Related Terms

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


SolidX AB (XSAT:SOLIDX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Sturegatan 12 A, Eslov, SWE, 241 31
SolidX AB is an IT consulting company in Sweden.

SolidX AB (XSAT:SOLIDX) Headlines

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