Agora (API) Price-to-Tangible-Book : 0.58 (As of May. 08, 2024)

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What is Agora Price-to-Tangible-Book?

As of today (2024-05-08), Agora's share price is $2.75. Agora's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.73. Hence, Agora's Price to Tangible Book Ratio of today is 0.58.

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

API' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.56 Med: 1.57 Max: 6.28
Current: 0.58

During the past 6 years, Agora's highest Price to Tangible Book Ratio was 6.28. The lowest was 0.56. And the median was 1.57.

API's Price-to-Tangible-Book is ranked better than
96.03% of 2090 companies
in the Software industry
Industry Median: 3.67 vs API: 0.58

A closely related ratio is called PB Ratio. As of today, Agora's share price is $2.75. Agora's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.56. Hence, Agora's P/B Ratio of today is 0.42.

Agora Price-to-Tangible-Book Historical Data

The historical data trend for Agora'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.

Agora Price-to-Tangible-Book Chart

Agora Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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6.28

2.34

0.80

0.56

Agora Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.80	0.75	0.66	0.54	0.56

Competitive Comparison of Agora's Price-to-Tangible-Book

For the Software - Application subindustry, Agora'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.

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

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

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

Agora Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.75	/	4.731
	=	0.58

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.

Agora Price-to-Tangible-Book Related Terms

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

Agora (API) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Agora Inc (NAS:API) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

9AG1:Germany

Address

333 Songhu Road, Floor 8, Building 12, Phase III of ChuangZhiTianDi, Yangpu District, Shanghai, CHN

Website

https://www.agora.io

Agora Inc provides real-time communication solutions. The company offers real-time video calling, voice calling, live audio and video streaming, recording, and real-time messaging. It serves the gaming, retail, and education industries. The company operates in the People's Republic of China and the United States of America and the majority of its revenue is derived from the People's Republic of China.