As of today (2024-04-24), Snowflake's share price is $154.99. Snowflake's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $11.60. Hence, Snowflake's Price to Tangible Book Ratio of today is 13.36.
The historical rank and industry rank for Snowflake's Price-to-Tangible-Book or its related term are showing as below:
SNOW'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 10.96 Med: 16.42 Max: 17.23
Current: 13.36
During the past 6 years, Snowflake's highest Price to Tangible Book Ratio was 17.23. The lowest was 10.96. And the median was 16.42.
SNOW's Price-to-Tangible-Book is ranked worse than 83.15% of 2089
companies
in the Software industry
Industry Median: 3.59
vs SNOW: 13.36
A closely related ratio is called PB Ratio. As of today, Snowflake's share price is $154.99. Snowflake's Book Value per Sharefor the quarter that ended in Jan. 2024 was $15.51. Hence, Snowflake's P/B Ratio of today is 9.99.
Snowflake Price-to-Tangible-Book Historical Data
The historical data trend for Snowflake'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.
For the Software - Application subindustry, Snowflake'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.
Snowflake Price-to-Tangible-Book Distribution
For the Software industry and Technology sector, Snowflake's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Snowflake's Price-to-Tangible-Book falls into.
Snowflake Price-to-Tangible-Book Calculation
Snowflake'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.
Snowflake Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Snowflake's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
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