What is Opendoor Technologies Price-to-Tangible-Book?
As of today (2024-04-25), Opendoor Technologies's share price is $2.11. Opendoor Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.41. Hence, Opendoor Technologies's Price to Tangible Book Ratio of today is 1.49.
The historical rank and industry rank for Opendoor Technologies's Price-to-Tangible-Book or its related term are showing as below:
OPEN'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.69 Med: 3.66 Max: 8.12
Current: 1.5
During the past 6 years, Opendoor Technologies's highest Price to Tangible Book Ratio was 8.12. The lowest was 0.69. And the median was 3.66.
OPEN's Price-to-Tangible-Book is ranked worse than 74.46% of 1723
companies
in the Real Estate industry
Industry Median: 0.81
vs OPEN: 1.50
A closely related ratio is called PB Ratio. As of today, Opendoor Technologies's share price is $2.11. Opendoor Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.43. Hence, Opendoor Technologies's P/B Ratio of today is 1.48.
Opendoor Technologies Price-to-Tangible-Book Historical Data
The historical data trend for Opendoor Technologies'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 Opendoor Technologies's Price-to-Tangible-Book
For the Real Estate Services subindustry, Opendoor Technologies'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.
Opendoor Technologies's Price-to-Tangible-Book Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Opendoor Technologies's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Opendoor Technologies's Price-to-Tangible-Book falls into.
* 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.
Opendoor Technologies Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Opendoor Technologies's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Opendoor Technologies (Opendoor Technologies) Business Description
Opendoor Technologies Inc is a digital platform for residential real estate. This platform enables customers to buy and sell houses online. It generates revenue through home sales, along with other revenue from real estate services.
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