IDP Education (ASX:IEL) Price-to-Tangible-Book : 282.76 (As of May. 04, 2024)

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

As of today (2024-05-04), IDP Education's share price is A$16.40. IDP Education's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.06. Hence, IDP Education's Price to Tangible Book Ratio of today is 282.76.

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

ASX:IEL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 16.25 Med: 110.18 Max: 345.34
Current: 273.33

During the past 8 years, IDP Education's highest Price to Tangible Book Ratio was 345.34. The lowest was 16.25. And the median was 110.18.

ASX:IEL's Price-to-Tangible-Book is ranked worse than
99.07% of 216 companies
in the Education industry
Industry Median: 1.985 vs ASX:IEL: 273.33

A closely related ratio is called PB Ratio. As of today, IDP Education's share price is A$16.40. IDP Education's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.98. Hence, IDP Education's P/B Ratio of today is 8.30.

IDP Education Price-to-Tangible-Book Historical Data

The historical data trend for IDP 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.

IDP Education Price-to-Tangible-Book Chart

IDP Education Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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218.02

16.25

24.47

157.75

IDP Education Semi-Annual Data
	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												281.71	157.75	-	-	345.34

Competitive Comparison of IDP Education's Price-to-Tangible-Book

For the Education & Training Services subindustry, IDP 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.

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

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

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

IDP Education Price-to-Tangible-Book Calculation

IDP 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 )
	=	16.40	/	0.058
	=	282.76

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.

IDP Education Price-to-Tangible-Book Related Terms

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

IDP Education (ASX:IEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » IDP Education Ltd (ASX:IEL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

IDPUF:USA 03F:Germany

Address

697 Collins Street, Level 10, Docklands, VIC, AUS, 3008

Website

https://www.idp.com

IDP Education is a global leader in English language testing and student placement services, constituting 64% and 27% of fiscal 2022 group revenue, respectively. Additionally, IDP operates English language schools, organizes education events and delivers consultancy services to education institutions, which constitutes the remainder of group revenue. Originally established in Australia as an aid body for Southeast Asia, today IDP operates one of the world's most widely accepted English language tests and one of the world's largest student placement services businesses, predominantly connecting prospective migrants from India and China to Australia, Canada, and the United Kingdom.

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