Halo Technologies Holdings (ASX:HAL) PB Ratio : 0.52 (As of May. 16, 2024)

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What is Halo Technologies Holdings PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-16), Halo Technologies Holdings's share price is A$0.072. Halo Technologies Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.14. Hence, Halo Technologies Holdings's PB Ratio of today is 0.52.

The historical rank and industry rank for Halo Technologies Holdings's PB Ratio or its related term are showing as below:

ASX:HAL' s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.83 Max: 1.27
Current: 0.52

During the past 3 years, Halo Technologies Holdings's highest PB Ratio was 1.27. The lowest was 0.27. And the median was 0.83.

ASX:HAL's PB Ratio is ranked better than
96.05% of 2582 companies
in the Software industry
Industry Median: 2.675 vs ASX:HAL: 0.52

During the past 12 months, Halo Technologies Holdings's average Book Value Per Share Growth Rate was -28.50% per year.

Back to Basics: PB Ratio

Halo Technologies Holdings PB Ratio Historical Data

The historical data trend for Halo Technologies Holdings's PB Ratio 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.

Halo Technologies Holdings PB Ratio Chart

Halo Technologies Holdings Annual Data

Trend

Dec21

Dec22

Dec23

PB Ratio

0.91

1.41

Halo Technologies Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
PB Ratio	1.15	0.91	0.60	1.41

Competitive Comparison of Halo Technologies Holdings's PB Ratio

For the Software - Application subindustry, Halo Technologies Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Halo Technologies Holdings's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Halo Technologies Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Halo Technologies Holdings's PB Ratio falls into.

Halo Technologies Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Halo Technologies Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.072	/	0.138
	=	0.52

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Halo Technologies Holdings (ASX:HAL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Halo Technologies Holdings PB Ratio Related Terms

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Halo Technologies Holdings (ASX:HAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Halo Technologies Holdings Ltd (ASX:HAL) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Barrack Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://www.halo-technologies.com

Halo Technologies Holdings Ltd is a provider and developer of financial services and technology. Halo is an online global equities research and trade execution software solution that brings sophisticated institutional-grade analytical frameworks and market insights to everyday investors. Halo includes two distinct and integrated offerings in HALO global, designed for hands on investors who want professional grade tools without the cost, and HALO Trading which offers global trade execution capability and ready-made themed investment portfolios that are ideal for low-touch and values based investors and SMSFs.