TASK Group Holdings (ASX:TSK) Price-to-Tangible-Book : 24.57 (As of May. 28, 2024)

View and export this data going back to 2020. Start your Free Trial

What is TASK Group Holdings Price-to-Tangible-Book?

As of today (2024-05-28), TASK Group Holdings's share price is A$0.86. TASK Group Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was A$0.04. Hence, TASK Group Holdings's Price to Tangible Book Ratio of today is 24.57.

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

ASX:TSK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.57 Med: 7.47 Max: 24.57
Current: 21.5

During the past 13 years, TASK Group Holdings's highest Price to Tangible Book Ratio was 24.57. The lowest was 2.57. And the median was 7.47.

ASX:TSK's Price-to-Tangible-Book is ranked worse than
90.23% of 2088 companies
in the Software industry
Industry Median: 3.55 vs ASX:TSK: 21.50

A closely related ratio is called PB Ratio. As of today, TASK Group Holdings's share price is A$0.86. TASK Group Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was A$0.36. Hence, TASK Group Holdings's P/B Ratio of today is 2.42.

TASK Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for TASK Group Holdings'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.

TASK Group Holdings Price-to-Tangible-Book Chart

TASK Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

4.04

10.89

TASK Group Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.57	-	-	10.89	12.14

Competitive Comparison of TASK Group Holdings's Price-to-Tangible-Book

For the Software - Application subindustry, TASK Group Holdings'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.

TASK Group Holdings's Price-to-Tangible-Book Distribution in the Software Industry

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

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

TASK Group Holdings Price-to-Tangible-Book Calculation

TASK Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.86	/	0.035
	=	24.57

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.

TASK Group Holdings Price-to-Tangible-Book Related Terms

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

TASK Group Holdings (ASX:TSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TASK Group Holdings Ltd (ASX:TSK) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Graham Street, Level 2, Auckland, NZL, 1010

Website

https://TASKsoftware.com

TASK Group Holdings Ltd is a provider of technology solutions enabling its various hospitality clients to maximize their customer relationships in an increasingly digital world. TASK's end-to-end cloud-based platform helps clients to improve customer experiences across every transactional touchpoint, including digital customer-facing services, back-ofhouse and enterprise operations. The Group's ecosystem combines transaction services, personalisation, offer management and BI technology to help clients generate operational efficiencies, drive valuable data insights about their consumer base, activate new promotions and build brand loyalty.

TASK Group Holdings (ASX:TSK) Headlines

No Headlines