ReadyTech Holdings's book value per share for the quarter that ended in Dec. 2023 was A$1.18.
During the past 12 months, ReadyTech Holdings's average Book Value Per Share Growth Rate was 10.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 39.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of ReadyTech Holdings was 39.50% per year. The lowest was 36.00% per year. And the median was 37.75% per year.
ReadyTech Holdings's current price is A$3.25. Its book value per share for the quarter that ended in Dec. 2023 was A$1.18. Hence, today's PB Ratio of ReadyTech Holdings is 2.90.
During the past 5 years, the highest P/B Ratio of ReadyTech Holdings was 6.16. The lowest was 2.71. And the median was 4.05.
Good Sign:
ReadyTech Holdings Ltd stock PB Ratio (=2.78) is close to 5-year low of 2.71
ReadyTech Holdings Book Value per Share Historical Data
The historical data trend for ReadyTech Holdings's Book Value per Share 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.
Competitive Comparison of ReadyTech Holdings's Book Value per Share
For the Software - Application subindustry, ReadyTech Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.
ReadyTech Holdings's PB Ratio Distribution in the Software Industry
For the Software industry and Technology sector, ReadyTech Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where ReadyTech Holdings's PB Ratio falls into.
ReadyTech Holdings Book Value per Share Calculation
ReadyTech Holdings's Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
ReadyTech Holdings (ASX:RDY) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
ReadyTech Holdings Book Value per Share Related Terms
Thank you for viewing the detailed overview of ReadyTech Holdings's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
ReadyTech Holdings Ltd is a provider of people management software for educators, employers, and facilitators of career transitions. Its products are JR Plus, A2E, HR3, ePayroll, JR Gov, Aussiepay, and others. The company's operating segments include Education and Work pathways, Workforce Solutions, and Government and Justice. It generates maximum revenue from the Education segment. The education segment mainly provides products and services to tertiary education providers. Its Workforce segment provides products and services to a mid-sized company across various industries. The Government division provides government and justice case management software as a service solution to local governments, state governments and justice departments.
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