HUB24 (ASX:HUB) Price-to-Tangible-Book : 73.32 (As of May. 16, 2024)

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What is HUB24 Price-to-Tangible-Book?

As of today (2024-05-16), HUB24's share price is A$42.16. HUB24's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.58. Hence, HUB24's Price to Tangible Book Ratio of today is 73.32.

The historical rank and industry rank for HUB24's Price-to-Tangible-Book or its related term are showing as below:

ASX:HUB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.95 Med: 26.47 Max: 72.69
Current: 72.69

During the past 13 years, HUB24's highest Price to Tangible Book Ratio was 72.69. The lowest was 2.95. And the median was 26.47.

ASX:HUB's Price-to-Tangible-Book is ranked worse than
99.72% of 722 companies
in the Capital Markets industry
Industry Median: 1.325 vs ASX:HUB: 72.69

A closely related ratio is called PB Ratio. As of today, HUB24's share price is A$42.16. HUB24's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$6.23. Hence, HUB24's P/B Ratio of today is 6.77.

HUB24 Price-to-Tangible-Book Historical Data

The historical data trend for HUB24'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.

HUB24 Price-to-Tangible-Book Chart

HUB24 Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

26.58

16.76

25.27

61.42

40.33

HUB24 Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															22.90	61.42	51.33	40.33	62.59

Competitive Comparison of HUB24's Price-to-Tangible-Book

For the Capital Markets subindustry, HUB24'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.

HUB24's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HUB24's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where HUB24's Price-to-Tangible-Book falls into.

HUB24 Price-to-Tangible-Book Calculation

HUB24's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	42.16	/	0.575
	=	73.32

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.

HUB24 Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of HUB24's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

HUB24 (ASX:HUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » HUB24 Ltd (ASX:HUB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Macquarie Place, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.hub24.com.au

Hub24 is a diversified financial services business. The firm's core platform segment engages in the development and provision of custodial and noncustodial administration services to financial advisers, stockbrokers, accountants, and their clients. The tech solutions segment provides a range of technology and data services, as well as cloud-based software. Hub24 serves individuals, companies, trusts, associations, or self-managed superannuation funds. The firm has 6.3% share of the Australian platform market, in contrast to the largest five providers with an average market share of 14.5% each.

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