As of today (2024-05-05), Cloudflare's share price is $74.40. Cloudflare's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $1.87. Hence, Cloudflare's Price to Tangible Book Ratio of today is 39.81.
The historical rank and industry rank for Cloudflare's Price-to-Tangible-Book or its related term are showing as below:
NET'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.1 Med: 39.67 Max: 80.66
Current: 39.79
During the past 8 years, Cloudflare's highest Price to Tangible Book Ratio was 80.66. The lowest was 7.10. And the median was 39.67.
NET's Price-to-Tangible-Book is ranked worse than 94.69% of 2090
companies
in the Software industry
Industry Median: 3.63
vs NET: 39.79
The historical data trend for Cloudflare'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.
Competitive Comparison of Cloudflare's Price-to-Tangible-Book
For the Software - Infrastructure subindustry, Cloudflare'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.
Cloudflare's Price-to-Tangible-Book Distribution in the Software Industry
For the Software industry and Technology sector, Cloudflare's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Cloudflare's Price-to-Tangible-Book falls into.
Cloudflare Price-to-Tangible-Book Calculation
Cloudflare's price-to-tangible-book ratio for today is calculated as:
* 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.
It can also be calculated from the numbers for the whole company:
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.
Cloudflare Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Cloudflare's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.
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