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Coveo Solutions (Coveo Solutions) PB Ratio : 3.25 (As of May. 13, 2024)


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What is Coveo Solutions 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 (2024-05-13), Coveo Solutions's share price is $5.74. Coveo Solutions's Book Value per Share for the quarter that ended in Dec. 2023 was $1.77. Hence, Coveo Solutions's PB Ratio of today is 3.25.

The historical rank and industry rank for Coveo Solutions's PB Ratio or its related term are showing as below:

CVOSF' s PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 2.95   Max: 5
Current: 3.36

During the past 5 years, Coveo Solutions's highest PB Ratio was 5.00. The lowest was 1.67. And the median was 2.95.

CVOSF's PB Ratio is ranked worse than
59.67% of 2584 companies
in the Software industry
Industry Median: 2.67 vs CVOSF: 3.36

During the past 12 months, Coveo Solutions's average Book Value Per Share Growth Rate was -17.60% per year.

Back to Basics: PB Ratio


Coveo Solutions PB Ratio Historical Data

The historical data trend for Coveo Solutions'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.

Coveo Solutions PB Ratio Chart

Coveo Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
- - - - 2.42

Coveo Solutions Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.37 2.42 2.82 4.23 4.25

Competitive Comparison of Coveo Solutions's PB Ratio

For the Software - Infrastructure subindustry, Coveo Solutions'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.


Coveo Solutions's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Coveo Solutions's PB Ratio distribution charts can be found below:

* The bar in red indicates where Coveo Solutions's PB Ratio falls into.



Coveo Solutions 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.

Coveo Solutions's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=5.74/1.765
=3.25

* 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 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.


Coveo Solutions  (OTCPK:CVOSF) 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.


Coveo Solutions PB Ratio Related Terms

Thank you for viewing the detailed overview of Coveo Solutions's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Coveo Solutions (Coveo Solutions) Business Description

Traded in Other Exchanges
Address
3175 des Quatre-Bourgeois, Suite 200, Quebec, QC, CAN, G1W 2K7
Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The company's solutions provide value to its customers by helping drive revenue growth, reduce customer support costs, increase customer satisfaction and website engagement, and improve employee proficiency and satisfaction.