Neurones (XPAR:NRO) Price-to-Tangible-Book : 3.81 (As of May. 22, 2024)

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What is Neurones Price-to-Tangible-Book?

As of today (2024-05-22), Neurones's share price is €47.30. Neurones's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €12.42. Hence, Neurones's Price to Tangible Book Ratio of today is 3.81.

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

XPAR:NRO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.95 Med: 2.9 Max: 3.81
Current: 3.81

During the past 13 years, Neurones's highest Price to Tangible Book Ratio was 3.81. The lowest was 1.95. And the median was 2.90.

XPAR:NRO's Price-to-Tangible-Book is ranked worse than
50.86% of 2086 companies
in the Software industry
Industry Median: 3.645 vs XPAR:NRO: 3.81

A closely related ratio is called PB Ratio. As of today, Neurones's share price is €47.30. Neurones's Book Value per Sharefor the quarter that ended in Dec. 2023 was €14.60. Hence, Neurones's P/B Ratio of today is 3.24.

Neurones Price-to-Tangible-Book Historical Data

The historical data trend for Neurones'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.

Neurones Price-to-Tangible-Book Chart

Neurones Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.95

2.03

3.46

3.34

3.52

Neurones Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.46	3.27	3.34	3.40	3.52

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

For the Information Technology Services subindustry, Neurones'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.

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

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

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

Neurones Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	47.30	/	12.422
	=	3.81

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.

Neurones Price-to-Tangible-Book Related Terms

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

Neurones (XPAR:NRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Neurones (XPAR:NRO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NE9:Germany

Address

Immeuble Le Clemenceau 1 - 205, Avenue Georges Clemenceau, Nanterre Cedex, Paris, FRA, 92024

Website

https://www.neurones.net

Neurones SA is a France-based technology sector company. Its core business involves the provision of Information Technology (IT) services catering to the needs of hardware, software, and consulting. Its operations are thereby divided into three segments: Infrastructure Services, Application Services, and Consulting. The Infrastructure segment is the strongest revenue driver through the provision of such services as IT operations, IT service management, systems and network, server, application, and workstation outsourcing. Its second most profitable business is carried out through the Application segment, which entails SAP, Web and decision support, social media, data analysis.