As of today (2024-04-28), Envestnet's share price is $62.15. Envestnet's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-14.63. Hence, Envestnet's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Envestnet's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Envestnet's highest Price to Tangible Book Ratio was 55.15. The lowest was 55.15. And the median was 55.15.
ENV's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.6 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Envestnet's share price is $62.15. Envestnet's Book Value per Sharefor the quarter that ended in Dec. 2023 was $10.37. Hence, Envestnet's P/B Ratio of today is 5.99.
Envestnet Price-to-Tangible-Book Historical Data
The historical data trend for Envestnet'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 Envestnet's Price-to-Tangible-Book
For the Software - Application subindustry, Envestnet'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.
Envestnet's Price-to-Tangible-Book Distribution in the Software Industry
For the Software industry and Technology sector, Envestnet's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Envestnet's Price-to-Tangible-Book falls into.
Envestnet Price-to-Tangible-Book Calculation
Envestnet'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.
Envestnet Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Envestnet's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Envestnet provides wealth-management technology and solutions to registered investment advisors, banks, broker/dealers, and other firms. Its Tamarac platform provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software to high-end RIAs. Envestnet's portfolio management consultants provide research services and consulting services to assist advisors, including vetted third-party managed account products. In November 2015, Envestnet acquired Yodlee, a provider of data aggregation, which is reported in the firm's data and analytics segment. In 2019, Envestnet acquired MoneyGuidePro to bolster its financial planning tools.
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