Issuer Direct (FRA:IDE) PB Ratio : 1.04 (As of May. 25, 2024)

View and export this data going back to 2022. Start your Free Trial

What is Issuer Direct 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 (2024-05-25), Issuer Direct's share price is €8.85. Issuer Direct's Book Value per Share for the quarter that ended in Mar. 2024 was €8.48. Hence, Issuer Direct's PB Ratio of today is 1.04.

Good Sign:

Issuer Direct Corp stock PB Ratio (=1.08) is close to 10-year low of 1.08

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

FRA:IDE' s PB Ratio Range Over the Past 10 Years
Min: 1.08 Med: 2.8 Max: 6.45
Current: 1.08

During the past 13 years, Issuer Direct's highest PB Ratio was 6.45. The lowest was 1.08. And the median was 2.80.

FRA:IDE's PB Ratio is ranked better than
84.01% of 2577 companies
in the Software industry
Industry Median: 2.66 vs FRA:IDE: 1.08

During the past 12 months, Issuer Direct's average Book Value Per Share Growth Rate was 4.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 16.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Issuer Direct was 79.10% per year. The lowest was 7.50% per year. And the median was 23.10% per year.

Back to Basics: PB Ratio

Issuer Direct PB Ratio Historical Data

The historical data trend for Issuer Direct'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.

Issuer Direct PB Ratio Chart

Issuer Direct Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

2.80

1.81

Issuer Direct Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															2.30	2.01	1.99	1.81	1.42

Competitive Comparison of Issuer Direct's PB Ratio

For the Software - Application subindustry, Issuer Direct'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.

Issuer Direct's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Issuer Direct's PB Ratio falls into.

Issuer Direct 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.

Issuer Direct's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	8.85	/	8.479
	=	1.04

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Issuer Direct (FRA:IDE) 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.

Issuer Direct PB Ratio Related Terms

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

Issuer Direct (FRA:IDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Issuer Direct Corp (FRA:IDE) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ISDR:USA

Address

One Glenwood Avenue, Suite 1001, Raleigh, NC, USA, 27603

Website

https://www.issuerdirect.com

Issuer Direct Corp is a communications and compliance company. It focuses on the needs of corporate issuers. It provides disclosure management solutions, shareholder communications tools, and cloud-based compliance technologies. The company serves a diverse range of client base in the financial services industry, including brokerage firms, banks, mutual funds, accounting and the legal communities. Its current brands and products include the following: Issuer Direct, Accesswire, Investor Network, Blueprint, Classify, iProxy Direct, iR Direct and annual report service. Its primary geographic markets are North America and Europe of which North America contributes the vast majority of total revenue.