As of today (2024-05-02), Fastly's share price is $8.79. Fastly's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $1.93. Hence, Fastly's Price to Tangible Book Ratio of today is 4.55.
The historical rank and industry rank for Fastly's Price-to-Tangible-Book or its related term are showing as below:
FSLY'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.41 Med: 9.6 Max: 32.6
Current: 4.55
During the past 7 years, Fastly's highest Price to Tangible Book Ratio was 32.60. The lowest was 4.41. And the median was 9.60.
FSLY's Price-to-Tangible-Book is ranked worse than 69.22% of 2092
companies
in the Software industry
Industry Median: 3.66
vs FSLY: 4.55
A closely related ratio is called PB Ratio. As of today, Fastly's share price is $8.79. Fastly's Book Value per Sharefor the quarter that ended in Mar. 2024 was $7.26. Hence, Fastly's P/B Ratio of today is 1.21.
Fastly Price-to-Tangible-Book Historical Data
The historical data trend for Fastly'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.
Competitive Comparison of Fastly's Price-to-Tangible-Book
For the Software - Application subindustry, Fastly'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.
Fastly's Price-to-Tangible-Book Distribution in the Software Industry
For the Software industry and Technology sector, Fastly's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Fastly's Price-to-Tangible-Book falls into.
Fastly Price-to-Tangible-Book Calculation
Fastly's price-to-tangible-book ratio for today 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.
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.
Fastly Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Fastly's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Fastly operates a content delivery network, which is necessary for entities to provide faster and more reliable online content. Fastly's strategy differs from traditional CDNs, which focus on locating servers in as many locations as possible to store copies of files that consumers most use. Fastly is in far fewer sites than traditional CDNs, but it houses servers in the most network-dense data centers. Instead of simply storing static content, it allows its customers to program on its platform, enabling edge computing and better service of the more dynamic content that was traditionally not well served by CDNs. Fastly gears its service to the largest, most sophisticated enterprises rather than small companies and generated nearly three fourths of its revenue in the United States in 2022.
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