Corero Network Security (LSE:CNS) Price-to-Tangible-Book : 27.00 (As of Jun. 08, 2024)

View and export this data going back to 2000. Start your Free Trial

What is Corero Network Security Price-to-Tangible-Book?

As of today (2024-06-08), Corero Network Security's share price is £0.135. Corero Network Security's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.01. Hence, Corero Network Security's Price to Tangible Book Ratio of today is 27.00.

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

LSE:CNS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 11.75 Med: 17.86 Max: 155
Current: 13.5

During the past 13 years, Corero Network Security's highest Price to Tangible Book Ratio was 155.00. The lowest was 11.75. And the median was 17.86.

LSE:CNS's Price-to-Tangible-Book is ranked worse than
84.44% of 2089 companies
in the Software industry
Industry Median: 3.47 vs LSE:CNS: 13.50

A closely related ratio is called PB Ratio. As of today, Corero Network Security's share price is £0.135. Corero Network Security's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.03. Hence, Corero Network Security's P/B Ratio of today is 5.19.

Corero Network Security Price-to-Tangible-Book Historical Data

The historical data trend for Corero Network Security'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.

Corero Network Security Price-to-Tangible-Book Chart

Corero Network Security Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

11.75

41.67

23.13

16.50

Corero Network Security Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															41.67	53.75	23.13	19.17	16.50

Competitive Comparison of Corero Network Security's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Corero Network Security'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.

Corero Network Security's Price-to-Tangible-Book Distribution in the Software Industry

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

* The bar in red indicates where Corero Network Security's Price-to-Tangible-Book falls into.

Corero Network Security Price-to-Tangible-Book Calculation

Corero Network Security's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.135	/	0.005
	=	27.00

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.

Corero Network Security Price-to-Tangible-Book Related Terms

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

Corero Network Security (LSE:CNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Corero Network Security PLC (LSE:CNS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NYA1:Germany

Address

29 Finsbury Circus, Duncan Swallow, Salisbury House, London, GBR, EC2M 5QQ

Website

https://www.corero.com

Corero Network Security PLC is a network security solutions provider. The company offers Distributed Denial of Service (DDoS) defense solutions for service providers, hosting providers and data centers, managed security service providers, and online enterprises. It has operational footprints across the USA, the United Kingdom, Belgium, Germany, Switzerland, Other European countries, Australia, Ireland, APAC, and the Rest of the World. The company's key products are SmartWall Network Threat Defense System, SmartWall Virtual Edition, SecureWatch Analytics, and SmartWall Service Portal. Geographically, it derives a majority of its revenue from the USA.