Clydestone Ghana (XGHA:CLYD) Price-to-Tangible-Book : 0.65 (As of May. 26, 2024)

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What is Clydestone Ghana Price-to-Tangible-Book?

As of today (2024-05-26), Clydestone Ghana's share price is GHS0.03. Clydestone Ghana's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was GHS0.05. Hence, Clydestone Ghana's Price to Tangible Book Ratio of today is 0.65.

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

XGHA:CLYD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6 Med: 3 Max: 30
Current: 0.6

During the past 8 years, Clydestone Ghana's highest Price to Tangible Book Ratio was 30.00. The lowest was 0.60. And the median was 3.00.

XGHA:CLYD's Price-to-Tangible-Book is ranked better than
95.92% of 2085 companies
in the Software industry
Industry Median: 3.55 vs XGHA:CLYD: 0.60

A closely related ratio is called PB Ratio. As of today, Clydestone Ghana's share price is GHS0.03. Clydestone Ghana's Book Value per Sharefor the quarter that ended in Jun. 2023 was GHS0.14. Hence, Clydestone Ghana's P/B Ratio of today is 0.22.

Clydestone Ghana Price-to-Tangible-Book Historical Data

The historical data trend for Clydestone Ghana'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.

Clydestone Ghana Price-to-Tangible-Book Chart

Clydestone Ghana Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

30.00

1.50

Clydestone Ghana Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	3.00	1.50	0.60	0.65

Competitive Comparison of Clydestone Ghana's Price-to-Tangible-Book

For the Information Technology Services subindustry, Clydestone Ghana'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.

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

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

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

Clydestone Ghana Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.03	/	0.046
	=	0.65

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.

Clydestone Ghana Price-to-Tangible-Book Related Terms

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

Clydestone Ghana (XGHA:CLYD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clydestone Ghana PLC (XGHA:CLYD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 14 Adebeto Close, P.O. Box CT 1003, North Labone, Accra, GHA

Website

https://www.clydestone.com

Clydestone Ghana Ltd is an information and communications technology company with offices in Ghana, Nigeria, and Kenya. The company has developed cutting-edge solutions in the areas of financial document processing, remittance processing, and transaction switching. The company provides IT solutions in Africa, currently providing Cheque Truncation Systems to Ghana's Banks. Its product list includes G-Switch, G-Secure, Remita, UnionPay, Automated Cheque Clearing, ATM and Cash Processing, Multi-vendor ATM Software, and Multi-factor Authentication.

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