Baijiayun Group (Baijiayun Group) Price-to-Tangible-Book : 1.85 (As of May. 02, 2024)

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What is Baijiayun Group Price-to-Tangible-Book?

As of today (2024-05-02), Baijiayun Group's share price is $1.435. Baijiayun Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.78. Hence, Baijiayun Group's Price to Tangible Book Ratio of today is 1.85.

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

RTC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.15 Med: 0.32 Max: 11.02
Current: 1.84

During the past 13 years, Baijiayun Group's highest Price to Tangible Book Ratio was 11.02. The lowest was 0.15. And the median was 0.32.

RTC's Price-to-Tangible-Book is ranked better than
76.34% of 2092 companies
in the Software industry
Industry Median: 3.66 vs RTC: 1.84

A closely related ratio is called PB Ratio. As of today, Baijiayun Group's share price is $1.435. Baijiayun Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.98. Hence, Baijiayun Group's P/B Ratio of today is 1.46.

Baijiayun Group Price-to-Tangible-Book Historical Data

The historical data trend for Baijiayun Group'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.

Baijiayun Group Price-to-Tangible-Book Chart

Baijiayun Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Jun22

Jun23

Price-to-Tangible-Book

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0.33

1.19

0.55

11.02

Baijiayun Group 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															0.55	-	9.36	11.02	2.58

Competitive Comparison of Baijiayun Group's Price-to-Tangible-Book

For the Software - Application subindustry, Baijiayun Group'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.

Baijiayun Group's Price-to-Tangible-Book Distribution in the Software Industry

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

* The bar in red indicates where Baijiayun Group's Price-to-Tangible-Book falls into.

Baijiayun Group Price-to-Tangible-Book Calculation

Baijiayun Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.435	/	0.775
	=	1.85

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.

Baijiayun Group Price-to-Tangible-Book Related Terms

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

Baijiayun Group (Baijiayun Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Baijiayun Group Ltd (NAS:RTC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

F4B1:Germany

Address

No. 32 Fengzhan Road, 24th Floor, A1 South Building, Yuhuatai District, Nanjing, CHN, 210000

Website

https://ir.baijiayun.com

Baijiayun Group Ltd is a ToB video cloud technology service provider that solves various pain points and needs in the field of video technology applications for enterprises. The group supplies energy for the digital development of enterprises through audio and video technology. The firm provides video technology solutions to enterprises and government agencies in various fields such as automobiles, finance, education, and medical care. Baijiayun has created three categories of product services namely video SaaS/PaaS business, video cloud products and software, and video system solutions. It has set up multiple R&D centers, branches, and offices across the country, enabling video technology to create industrial value and promote the development of the real economy.