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ODDITY Tech (ODDITY Tech) PB Ratio : 6.41 (As of May. 12, 2024)


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What is ODDITY Tech 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 (2024-05-12), ODDITY Tech's share price is $37.18. ODDITY Tech's Book Value per Share for the quarter that ended in Mar. 2024 was $5.80. Hence, ODDITY Tech's PB Ratio of today is 6.41.

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

ODD' s PB Ratio Range Over the Past 10 Years
Min: 5.35   Med: 8.51   Max: 15.78
Current: 6.41

During the past 4 years, ODDITY Tech's highest PB Ratio was 15.78. The lowest was 5.35. And the median was 8.51.

ODD's PB Ratio is ranked worse than
80.16% of 2581 companies
in the Software industry
Industry Median: 2.68 vs ODD: 6.41

During the past 12 months, ODDITY Tech's average Book Value Per Share Growth Rate was 172.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 75.70% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of ODDITY Tech was 75.70% per year. The lowest was 75.70% per year. And the median was 75.70% per year.

Back to Basics: PB Ratio


ODDITY Tech PB Ratio Historical Data

The historical data trend for ODDITY Tech'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.

ODDITY Tech PB Ratio Chart

ODDITY Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - 9.35

ODDITY Tech Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - 5.94 9.35 7.50

Competitive Comparison of ODDITY Tech's PB Ratio

For the Software - Infrastructure subindustry, ODDITY Tech'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.


ODDITY Tech's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where ODDITY Tech's PB Ratio falls into.



ODDITY Tech 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.

ODDITY Tech's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=37.18/5.797
=6.41

* 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.


ODDITY Tech  (NAS:ODD) 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.


ODDITY Tech PB Ratio Related Terms

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ODDITY Tech (ODDITY Tech) Business Description

Traded in Other Exchanges
N/A
Address
8 Haharash Street, Tel Aviv-Jaffa, ISR, 6761304
ODDITY Tech Ltd offers a consumer tech platform that is built to transform the global beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that aim to innovate and disrupt the expansive global beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality.