Raiz Invest (ASX:RZI) Price-to-Tangible-Book : 3.38 (As of May. 16, 2024)

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What is Raiz Invest Price-to-Tangible-Book?

As of today (2024-05-16), Raiz Invest's share price is A$0.365. Raiz Invest's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.11. Hence, Raiz Invest's Price to Tangible Book Ratio of today is 3.38.

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

ASX:RZI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.19 Med: 4.72 Max: 7.76
Current: 3.32

During the past 7 years, Raiz Invest's highest Price to Tangible Book Ratio was 7.76. The lowest was 2.19. And the median was 4.72.

ASX:RZI's Price-to-Tangible-Book is ranked worse than
73.96% of 722 companies
in the Capital Markets industry
Industry Median: 1.325 vs ASX:RZI: 3.32

A closely related ratio is called PB Ratio. As of today, Raiz Invest's share price is A$0.365. Raiz Invest's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.41. Hence, Raiz Invest's P/B Ratio of today is 0.90.

Raiz Invest Price-to-Tangible-Book Historical Data

The historical data trend for Raiz Invest'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.

Raiz Invest Price-to-Tangible-Book Chart

Raiz Invest Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.68

3.75

6.57

3.01

2.19

Raiz Invest Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial							6.23	3.01	2.25	2.19	3.70

Competitive Comparison of Raiz Invest's Price-to-Tangible-Book

For the Capital Markets subindustry, Raiz Invest'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.

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

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

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

Raiz Invest Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.365	/	0.108
	=	3.38

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.

Raiz Invest Price-to-Tangible-Book Related Terms

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

Raiz Invest (ASX:RZI) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Bulletin Place, Level 11, Sydney, NSW, AUS, 2000

Website

https://www.raizinvest.com.au

Raiz Invest Ltd provides financial services and products through its mobile first micro-investing platform which offers its customers an easy way to regularly invest either small or large amounts of money using the Raiz mobile application or through the Raiz website in Australia, Indonesia, and Malaysia. The company's operating segment includes Raiz Invest Micro Investing Platform and Other Financial Services. It generates maximum revenue from the Raiz Invest Micro Investing Platform segment.

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