Optiva (TSX:OPT) Price-to-Tangible-Book : (As of Jun. 11, 2024)

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What is Optiva Price-to-Tangible-Book?

As of today (2024-06-11), Optiva's share price is C$6.50. Optiva's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$-16.98. Hence, Optiva's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Optiva's highest Price to Tangible Book Ratio was 69.27. The lowest was 4.32. And the median was 5.07.

TSX:OPT's Price-to-Tangible-Book is not ranked ^*
in the Software industry.
Industry Median: 3.48
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Optiva's share price is C$6.50. Optiva's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$-9.92. Hence, Optiva's P/B Ratio of today is .

Optiva Price-to-Tangible-Book Historical Data

The historical data trend for Optiva'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.

Optiva Price-to-Tangible-Book Chart

Optiva Annual Data

Trend

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Price-to-Tangible-Book

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Optiva Quarterly Data
	Dec18	Mar19	Jun19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Competitive Comparison of Optiva's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Optiva'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.

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

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

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

Optiva Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	6.50	/	-16.983
	=

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.

Optiva Price-to-Tangible-Book Related Terms

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

Optiva (TSX:OPT) Business Description

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RKNEF:USA

Address

2233 Argentia Road, Suite 302, East Tower, Mississauga, ON, CAN, L5N 2X7

Website

https://www.optiva.com

Optiva Inc is engaged in offering next-generation software solutions to help the telco industry and customers leverage today's digital technologies. The company's portfolio of products enables real-time billing, charging, policy management and user experience that are critical to customers' growth and performance. When deployed in the cloud, Optiva solutions deliver the most impact for the best value. The company's vision, market knowledge, analytical insights and Customer Success Program ensure customers are equipped to achieve their strategic business goals today and into the future.

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