The Descartes Systems Group (The Descartes Systems Group) Price-to-Tangible-Book : 35.89 (As of May. 04, 2024)

View and export this data going back to 1999. Start your Free Trial

What is The Descartes Systems Group Price-to-Tangible-Book?

As of today (2024-05-04), The Descartes Systems Group's share price is $95.48. The Descartes Systems Group's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $2.66. Hence, The Descartes Systems Group's Price to Tangible Book Ratio of today is 35.89.

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

DSGX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 9.45 Med: 35.72 Max: 92.85
Current: 36.58

During the past 13 years, The Descartes Systems Group's highest Price to Tangible Book Ratio was 92.85. The lowest was 9.45. And the median was 35.72.

DSGX's Price-to-Tangible-Book is ranked worse than
93.92% of 2090 companies
in the Software industry
Industry Median: 3.63 vs DSGX: 36.58

A closely related ratio is called PB Ratio. As of today, The Descartes Systems Group's share price is $95.48. The Descartes Systems Group's Book Value per Sharefor the quarter that ended in Jan. 2024 was $14.53. Hence, The Descartes Systems Group's P/B Ratio of today is 6.57.

The Descartes Systems Group Price-to-Tangible-Book Historical Data

The historical data trend for The Descartes Systems Group'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.

The Descartes Systems Group Price-to-Tangible-Book Chart

The Descartes Systems Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Price-to-Tangible-Book

Get a 7-Day Free Trial

91.82

48.73

38.20

31.94

32.93

The Descartes Systems Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial															31.94	87.40	52.30	35.71	32.93

Competitive Comparison of The Descartes Systems Group's Price-to-Tangible-Book

For the Software - Application subindustry, The Descartes Systems Group'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.

The Descartes Systems Group's Price-to-Tangible-Book Distribution in the Software Industry

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

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

The Descartes Systems Group Price-to-Tangible-Book Calculation

The Descartes Systems Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	95.48	/	2.66
	=	35.89

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.

The Descartes Systems Group Price-to-Tangible-Book Related Terms

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

The Descartes Systems Group (The Descartes Systems Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Descartes Systems Group Inc (NAS:DSGX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

DC2:Germany DC2:Germany DSG:Canada

Address

120 Randall Drive, Waterloo, ON, CAN, N2V 1C6

Website

https://www.descartes.com

The Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. The core product is the Global Logistics Network, which is best understood as transaction driven. Descartes charges clients to send/receive messages, data, and documents on the GLN (the transactions). Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows for Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.