As of today (2024-05-25), WaveDancer's share price is $2.40. WaveDancer's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-0.19. Hence, WaveDancer's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for WaveDancer's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, WaveDancer's highest Price to Tangible Book Ratio was 219.09. The lowest was 0.67. And the median was 1.48.
WAVD's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.55 * Ranked among companies with meaningful Price-to-Tangible-Book only.
The historical data trend for WaveDancer'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 WaveDancer's Price-to-Tangible-Book
For the Information Technology Services subindustry, WaveDancer'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.
WaveDancer's Price-to-Tangible-Book Distribution in the Software Industry
For the Software industry and Technology sector, WaveDancer's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where WaveDancer's Price-to-Tangible-Book falls into.
WaveDancer Price-to-Tangible-Book Calculation
WaveDancer'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.
WaveDancer Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of WaveDancer's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
WaveDancer Inc, formerly Information Analysis Inc is in the business of developing and maintaining information technology systems, modernizing client information systems, and performing professional services to government and commercial organizations. The company has two operating segments: the Tellenger segment provides professional services to government agencies, related to legacy software migration and modernization, developing web-based and mobile device solutions, including dynamic electronic forms development and conversion, and data analytics, and The Blockchain SCM segment is an early-stage business focused on developing, marketing, and selling a SaaS supply chain management platform built on blockchain technology.
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