Guardforce AI Co (Guardforce AI Co) Price-to-Tangible-Book : 1.40 (As of May. 10, 2024)

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What is Guardforce AI Co Price-to-Tangible-Book?

As of today (2024-05-10), Guardforce AI Co's share price is $3.13. Guardforce AI Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.24. Hence, Guardforce AI Co's Price to Tangible Book Ratio of today is 1.40.

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

GFAI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77 Med: 1.48 Max: 3.82
Current: 1.4

During the past 5 years, Guardforce AI Co's highest Price to Tangible Book Ratio was 3.82. The lowest was 0.77. And the median was 1.48.

GFAI's Price-to-Tangible-Book is ranked better than
65.05% of 867 companies
in the Business Services industry
Industry Median: 2.12 vs GFAI: 1.40

A closely related ratio is called PB Ratio. As of today, Guardforce AI Co's share price is $3.13. Guardforce AI Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.57. Hence, Guardforce AI Co's P/B Ratio of today is 1.22.

Guardforce AI Co Price-to-Tangible-Book Historical Data

The historical data trend for Guardforce AI Co'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.

Guardforce AI Co Price-to-Tangible-Book Chart

Guardforce AI Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

3.82

0.77

1.48

Guardforce AI Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial				3.82	1.22	0.77	2.07	1.48

Competitive Comparison of Guardforce AI Co's Price-to-Tangible-Book

For the Security & Protection Services subindustry, Guardforce AI Co'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.

Guardforce AI Co's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Guardforce AI Co's Price-to-Tangible-Book distribution charts can be found below:

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

Guardforce AI Co Price-to-Tangible-Book Calculation

Guardforce AI Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.13	/	2.236
	=	1.40

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.

Guardforce AI Co Price-to-Tangible-Book Related Terms

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Guardforce AI Co (Guardforce AI Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Guardforce AI Co Ltd (NAS:GFAI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Anson Road, No. 28-01, International Plaza, Singapore, SGP, 079903

Website

https://www.guardforceai.com

Guardforce AI Co Ltd is a provider of cash solutions and cash handling services located in Thailand. The company engages in the cash logistics business, and its services include cash-in-transit, or CIT, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Its customers include local commercial banks, chain retailers, coin-manufacturing mints, and government authorities.