Cube Labs SpA (MIL:CUBE) Price-to-Tangible-Book : 0.67 (As of Jun. 05, 2024)

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What is Cube Labs SpA Price-to-Tangible-Book?

As of today (2024-06-05), Cube Labs SpA's share price is €2.14. Cube Labs SpA's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was €3.19. Hence, Cube Labs SpA's Price to Tangible Book Ratio of today is 0.67.

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

MIL:CUBE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.66 Med: 0.66 Max: 0.67
Current: 0.67

During the past 5 years, Cube Labs SpA's highest Price to Tangible Book Ratio was 0.67. The lowest was 0.66. And the median was 0.66.

MIL:CUBE's Price-to-Tangible-Book is ranked better than
83.78% of 1615 companies
in the Asset Management industry
Industry Median: 0.95 vs MIL:CUBE: 0.67

A closely related ratio is called PB Ratio. As of today, Cube Labs SpA's share price is €2.14. Cube Labs SpA's Book Value per Sharefor the quarter that ended in Jun. 2023 was €3.26. Hence, Cube Labs SpA's P/B Ratio of today is 0.66.

Cube Labs SpA Price-to-Tangible-Book Historical Data

The historical data trend for Cube Labs SpA'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.

Cube Labs SpA Price-to-Tangible-Book Chart

Cube Labs SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Cube Labs SpA Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	0.66

Competitive Comparison of Cube Labs SpA's Price-to-Tangible-Book

For the Asset Management subindustry, Cube Labs SpA'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.

Cube Labs SpA's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cube Labs SpA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Cube Labs SpA's Price-to-Tangible-Book falls into.

Cube Labs SpA Price-to-Tangible-Book Calculation

Cube Labs SpA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	2.14	/	3.194
	=	0.67

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.

Cube Labs SpA Price-to-Tangible-Book Related Terms

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Cube Labs SpA (MIL:CUBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cube Labs SpA (MIL:CUBE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

Giulio Caccini, 1, Rome, ITA, 00186

Website

https://cube-labs.com

Cube Labs SpA operates as a venture builder that enables innovation in the healthcare technology space. The company is engaged in attracting sources of financing and providing entrepreneurial and operational support to the companies to develop healthcare technologies for the market.