ARB IOT Group (ARB IOT Group) Price-to-Tangible-Book : 9.31 (As of May. 25, 2024)

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What is ARB IOT Group Price-to-Tangible-Book?

As of today (2024-05-25), ARB IOT Group's share price is $0.847. ARB IOT Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.09. Hence, ARB IOT Group's Price to Tangible Book Ratio of today is 9.31.

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

ARBB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.64 Med: 14.83 Max: 28.02
Current: 9.41

During the past 3 years, ARB IOT Group's highest Price to Tangible Book Ratio was 28.02. The lowest was 1.64. And the median was 14.83.

ARBB's Price-to-Tangible-Book is ranked worse than
76.83% of 2085 companies
in the Software industry
Industry Median: 3.55 vs ARBB: 9.41

A closely related ratio is called PB Ratio. As of today, ARB IOT Group's share price is $0.847. ARB IOT Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.82. Hence, ARB IOT Group's P/B Ratio of today is 1.03.

ARB IOT Group Price-to-Tangible-Book Historical Data

The historical data trend for ARB IOT 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.

ARB IOT Group Price-to-Tangible-Book Chart

ARB IOT Group Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

1.64

ARB IOT Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	1.64	28.02

Competitive Comparison of ARB IOT Group's Price-to-Tangible-Book

For the Information Technology Services subindustry, ARB IOT 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.

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

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

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

ARB IOT Group Price-to-Tangible-Book Calculation

ARB IOT 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 )
	=	0.847	/	0.091
	=	9.31

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.

ARB IOT Group Price-to-Tangible-Book Related Terms

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

ARB IOT Group (ARB IOT Group) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Persiaran Puchong Jaya Selatan, 2nd Floor-09, Pusat Perdagangan IOI, Bandar Puchong Jaya, Puchong, SGR, MYS, 47100

Website

https://www.arbiotgroup.com

ARB IOT Group Ltd is engaged in provision of hardware and software of Internet of Things solutions to meet customers' demand in four business lines, which are IoT Smart Home and Buildings, IoT Smart Agriculture, IoT System Development, and IoT Gadget Distribution. The company delivers holistic solutions with full turnkey deployment from designing, installation, testing, pre-commissioning, and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works. The company has two operating segments: Internet of Things ('IoT') and Investment holding and others. It earns its maximum profit from the Internet of Things segment.

ARB IOT Group (ARB IOT Group) Headlines

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