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Arbe Robotics (Arbe Robotics) PB Ratio : 3.09 (As of May. 10, 2024)


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What is Arbe Robotics PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-10), Arbe Robotics's share price is $1.67. Arbe Robotics's Book Value per Share for the quarter that ended in Dec. 2023 was $0.54. Hence, Arbe Robotics's PB Ratio of today is 3.09.

The historical rank and industry rank for Arbe Robotics's PB Ratio or its related term are showing as below:

ARBE' s PB Ratio Range Over the Past 10 Years
Min: 2.89   Med: 4.39   Max: 8.25
Current: 3.09

During the past 5 years, Arbe Robotics's highest PB Ratio was 8.25. The lowest was 2.89. And the median was 4.39.

ARBE's PB Ratio is ranked worse than
55.76% of 2577 companies
in the Software industry
Industry Median: 2.7 vs ARBE: 3.09

During the past 12 months, Arbe Robotics's average Book Value Per Share Growth Rate was -28.90% per year.

Back to Basics: PB Ratio


Arbe Robotics PB Ratio Historical Data

The historical data trend for Arbe Robotics's PB Ratio 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.

Arbe Robotics PB Ratio Chart

Arbe Robotics Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 7.34 4.49 4.04

Arbe Robotics Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.49 5.02 4.05 3.79 4.04

Competitive Comparison of Arbe Robotics's PB Ratio

For the Software - Infrastructure subindustry, Arbe Robotics's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Arbe Robotics's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Arbe Robotics's PB Ratio distribution charts can be found below:

* The bar in red indicates where Arbe Robotics's PB Ratio falls into.



Arbe Robotics PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Arbe Robotics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.67/0.54
=3.09

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Arbe Robotics  (NAS:ARBE) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Arbe Robotics PB Ratio Related Terms

Thank you for viewing the detailed overview of Arbe Robotics's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Arbe Robotics (Arbe Robotics) Business Description

Traded in Other Exchanges
N/A
Address
107 HaHashmonaim Street, Yafo, Tel Aviv, ISR
Arbe Robotics Ltd is a provider of 4D Imaging Radar solutions enabling driver-assist systems while paving the way for fully autonomous driving. It is a research and development company in the field of chips for Advanced radar systems, which are mainly intended to be used as Advanced Driver Assistance Systems (ADAS) adapted for autonomous vehicles as well as for non-automotive uses. Its geographical segments include Sweden, China, Germany, USA, and others.