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Gofore (OHEL:GOFORE) Price-to-Tangible-Book : 13.86 (As of Jun. 05, 2024)


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What is Gofore Price-to-Tangible-Book?

As of today (2024-06-05), Gofore's share price is €25.95. Gofore's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €1.87. Hence, Gofore's Price to Tangible Book Ratio of today is 13.86.

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

OHEL:GOFORE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.37   Med: 15.79   Max: 107.19
Current: 13.88

During the past 10 years, Gofore's highest Price to Tangible Book Ratio was 107.19. The lowest was 7.37. And the median was 15.79.

OHEL:GOFORE's Price-to-Tangible-Book is ranked worse than
84.8% of 2086 companies
in the Software industry
Industry Median: 3.49 vs OHEL:GOFORE: 13.88

A closely related ratio is called PB Ratio. As of today, Gofore's share price is €25.95. Gofore's Book Value per Sharefor the quarter that ended in Mar. 2024 was €6.33. Hence, Gofore's P/B Ratio of today is 4.10.


Gofore Price-to-Tangible-Book Historical Data

The historical data trend for Gofore'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.

Gofore Price-to-Tangible-Book Chart

Gofore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.45 107.19 15.83 37.76 15.75

Gofore Quarterly Data
Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.42 25.33 18.36 15.75 11.43

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

For the Information Technology Services subindustry, Gofore'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.


Gofore's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Gofore's Price-to-Tangible-Book distribution charts can be found below:

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



Gofore Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=25.95/1.872
=13.86

* 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.


Gofore Price-to-Tangible-Book Related Terms

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


Gofore (OHEL:GOFORE) Business Description

Traded in Other Exchanges
Address
Kalevantie 2, Tampere, FIN, 33100
Gofore PLC is a digital services company. The company offers services that help operators in the private and public sectors face digital change. The company offers services such as Digital transformation advisory, agile software development, service design, cloud technology, data & analytics, Digital quality assurance, and testing automation. The vast majority of its revenue comes from Finland.

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