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G8 Education (ASX:GEM) Price-to-Tangible-Book : (As of Jun. 09, 2024)


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What is G8 Education Price-to-Tangible-Book?

As of today (2024-06-09), G8 Education's share price is A$1.21. G8 Education's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$-0.18. Hence, G8 Education's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for G8 Education's Price-to-Tangible-Book or its related term are showing as below:

ASX:GEM's Price-to-Tangible-Book is not ranked *
in the Education industry.
Industry Median: 1.875
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, G8 Education's share price is A$1.21. G8 Education's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.12. Hence, G8 Education's P/B Ratio of today is 1.08.


G8 Education Price-to-Tangible-Book Historical Data

The historical data trend for G8 Education'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.

G8 Education Price-to-Tangible-Book Chart

G8 Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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G8 Education Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of G8 Education's Price-to-Tangible-Book

For the Education & Training Services subindustry, G8 Education'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.


G8 Education's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, G8 Education's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where G8 Education's Price-to-Tangible-Book falls into.



G8 Education Price-to-Tangible-Book Calculation

G8 Education's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.21/-0.178
=

* 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 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.


G8 Education Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of G8 Education's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


G8 Education (ASX:GEM) Business Description

Traded in Other Exchanges
Address
159 Varsity Parade, Varsity Lakes, Gold Coast, QLD, AUS, 4227
G8 Education Ltd operates a portfolio of around 438 childcare centres in Australia, implying a market share of less than 10%. The company relies on government subsidies, which comprise around 60% of childcare fees, but we expect subsidies to grow with childcare demand. G8 does not own the buildings from which its childcare centres operate, and labour costs comprise around 60% of revenue. Rental costs comprise around 10-15%.