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Avid Technology (Avid Technology) Price-to-Tangible-Book : (As of May. 26, 2024)


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What is Avid Technology Price-to-Tangible-Book?

As of today (2024-05-26), Avid Technology's share price is $27.04. Avid Technology's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $-3.54. Hence, Avid Technology's Price to Tangible Book Ratio of today is .

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

AVID's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.55
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Avid Technology's share price is $27.04. Avid Technology's Book Value per Sharefor the quarter that ended in Sep. 2023 was $-2.80. Hence, Avid Technology's P/B Ratio of today is .


Avid Technology Price-to-Tangible-Book Historical Data

The historical data trend for Avid Technology'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.

Avid Technology Price-to-Tangible-Book Chart

Avid Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
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Avid Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Avid Technology's Price-to-Tangible-Book

For the Software - Application subindustry, Avid Technology'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.


Avid Technology's Price-to-Tangible-Book Distribution in the Software Industry

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

* The bar in red indicates where Avid Technology's Price-to-Tangible-Book falls into.



Avid Technology Price-to-Tangible-Book Calculation

Avid Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=27.04/-3.536
=

* 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.


Avid Technology Price-to-Tangible-Book Related Terms

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


Avid Technology (Avid Technology) Business Description

Traded in Other Exchanges
N/A
Address
75 Blue Sky Drive, Burlington, MA, USA, 01803
Avid Technology Inc develops and sells software and hardware for digital media production and management. Its products are used in production, film studios, cable television stations, recording studios, and other agencies. The company has operations in the U.S.; the Americas; Europe, Middle East, and Africa; and Asia-Pacific. Most of its revenue is split fairly evenly between the U.S. and EMEA. The company's products are organized into suites, including Artist Suite, which includes video editing and digital audio workstations; Media Suite, which provides newsroom management solutions; Studio Suite, which provides tools for on-air programming; and Storage Suite, which provides products for digital storage. It derives most of the revenue from video and audio products and services.
Executives
Kenneth L Gayron officer: EVP & Chief Financial Officer 75 NETWORK DRIVE, BURLINGTON MA 34212
Timothy Claman officer: SVP & GM Video Post & Storage 75 NETWORK DRIVE, BURLINGTON MA 01803
Cordiner Tom J. A. officer: SVP of Global Sales PINEWOOD ROAD, IVER HEATH, BUCKINGHAMSHIRE, ENGLAND X0 01803
David Toomey officer: SVP & GM Audio and Music 75 NETWORK DRIVE, BURLINGTON MA 01830
Mariesa Victoria officer: VP & Chief Accounting Officer 75 NETWORK DRIVE, BURLINGTON MA 01803
Christian Asmar director 152 WEST 57TH STREET, 17TH FLOOR, NEW YORK CITY NY 10019
Dana Ruzicka officer: VP, Chief Product Officer 75 NETWORK DRIVE, BURLINGTON MA 01803
Nancy Hawthorne director AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Robert M Bakish director AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Lior Netzer officer: SVP & GM, Media & Cloud 75 NETWORK DRIVE, BURLINGTON MA 01803
Kevin W. Riley officer: Chief Technology Officer 75 NETWORK DRIVE, BURLINGTON MA 01803
Garrard Brown officer: Chief Accounting Officer, other: Principal Accounting Officer AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Jason A Duva officer: Senior VP & General Counsel, other: Corporate Secretary AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Lauren Taylor Wolfe 10 percent owner 3100 CUMBERLAND BOULEVARD, SUITE 1700, ATLANTA GA 30339
Impactive Capital Llc 10 percent owner 152 WEST 57TH, 17TH FLOOR, NEW YORK CITY NY 10019