Praemium (ASX:PPS) Price-to-Tangible-Book : 4.94 (As of May. 16, 2024)

View and export this data going back to 2006. Start your Free Trial

What is Praemium Price-to-Tangible-Book?

As of today (2024-05-16), Praemium's share price is A$0.44. Praemium's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.09. Hence, Praemium's Price to Tangible Book Ratio of today is 4.94.

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

ASX:PPS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.38 Med: 11.72 Max: 35.85
Current: 4.89

During the past 13 years, Praemium's highest Price to Tangible Book Ratio was 35.85. The lowest was 4.38. And the median was 11.72.

ASX:PPS's Price-to-Tangible-Book is ranked worse than
84.21% of 722 companies
in the Capital Markets industry
Industry Median: 1.325 vs ASX:PPS: 4.89

A closely related ratio is called PB Ratio. As of today, Praemium's share price is A$0.44. Praemium's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.22. Hence, Praemium's P/B Ratio of today is 2.03.

Praemium Price-to-Tangible-Book Historical Data

The historical data trend for Praemium'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.

Praemium Price-to-Tangible-Book Chart

Praemium Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

11.76

8.00

33.03

5.41

7.11

Praemium 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															35.85	5.41	8.79	7.11	4.38

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

For the Capital Markets subindustry, Praemium'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.

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

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

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

Praemium Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.44	/	0.089
	=	4.94

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.

Praemium Price-to-Tangible-Book Related Terms

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

Praemium (ASX:PPS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

367 Collins Street, Level 19, Melbourne, VIC, AUS, 3000

Website

https://www.praemium.com

Praemium Ltd is a provider of portfolio administration, investment platforms, and financial planning tools to the wealth management industry. Its clients are predominantly firms that provide financial advice to investors, namely financial advisers, brokers, accountants, investment managers, banks, and other financial providers such as superannuation administrators. The company has two reportable segments: Australia, and International. It derives majority of its revenues from Australia.