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IPAS Indexo (ORSE:IDX1R) Price-to-Tangible-Book : 4.28 (As of Jun. 03, 2024)


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What is IPAS Indexo Price-to-Tangible-Book?

As of today (2024-06-03), IPAS Indexo's share price is €13.10. IPAS Indexo's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €3.06. Hence, IPAS Indexo's Price to Tangible Book Ratio of today is 4.28.

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

ORSE:IDX1R' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.85   Med: 7.3   Max: 12.2
Current: 4.28

During the past 6 years, IPAS Indexo's highest Price to Tangible Book Ratio was 12.20. The lowest was 3.85. And the median was 7.30.

ORSE:IDX1R's Price-to-Tangible-Book is ranked worse than
92.07% of 1615 companies
in the Asset Management industry
Industry Median: 0.95 vs ORSE:IDX1R: 4.28

A closely related ratio is called PB Ratio. As of today, IPAS Indexo's share price is €13.10. IPAS Indexo's Book Value per Sharefor the quarter that ended in Mar. 2024 was €3.06. Hence, IPAS Indexo's P/B Ratio of today is 4.28.


IPAS Indexo Price-to-Tangible-Book Historical Data

The historical data trend for IPAS Indexo'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.

IPAS Indexo Price-to-Tangible-Book Chart

IPAS Indexo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 6.54 12.20

IPAS Indexo Quarterly Data
Dec18 Dec19 Dec20 Sep21 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 7.30 8.26 10.01 12.20 3.85

Competitive Comparison of IPAS Indexo's Price-to-Tangible-Book

For the Asset Management subindustry, IPAS Indexo'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.


IPAS Indexo's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, IPAS Indexo's Price-to-Tangible-Book distribution charts can be found below:

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



IPAS Indexo Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=13.10/3.063
=4.28

* 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.


IPAS Indexo Price-to-Tangible-Book Related Terms

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


IPAS Indexo (ORSE:IDX1R) Business Description

Traded in Other Exchanges
N/A
Address
13-1A Elizabetes Street, Riga, LVA, 1010
IPAS Indexo is a licensed investment management company. INDEXO has revolutionized the pension administration market, now the company is working to do the same in the banking sector and establish a new, strong, modern, and customer-friendly bank. Its products include the 2nd pension level and 3. pension level.

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