GigaCloud Technology (GigaCloud Technology) Price-to-Tangible-Book : 5.65 (As of May. 10, 2024)

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

As of today (2024-05-10), GigaCloud Technology's share price is $37.35. GigaCloud Technology's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.61. Hence, GigaCloud Technology's Price to Tangible Book Ratio of today is 5.65.

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

GCT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.19 Med: 1.98 Max: 6.01
Current: 5.65

During the past 5 years, GigaCloud Technology's highest Price to Tangible Book Ratio was 6.01. The lowest was 1.19. And the median was 1.98.

GCT's Price-to-Tangible-Book is ranked worse than
65.93% of 2087 companies
in the Software industry
Industry Median: 3.62 vs GCT: 5.65

A closely related ratio is called PB Ratio. As of today, GigaCloud Technology's share price is $37.35. GigaCloud Technology's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.12. Hence, GigaCloud Technology's P/B Ratio of today is 5.25.

GigaCloud Technology Price-to-Tangible-Book Historical Data

The historical data trend for GigaCloud 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.

GigaCloud Technology Price-to-Tangible-Book Chart

GigaCloud Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.19

2.77

GigaCloud Technology Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial									1.19	1.22	1.20	1.41	2.77

Competitive Comparison of GigaCloud Technology's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, GigaCloud 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.

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

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

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

GigaCloud Technology Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	37.35	/	6.607
	=	5.65

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.

GigaCloud Technology Price-to-Tangible-Book Related Terms

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

GigaCloud Technology (GigaCloud Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GigaCloud Technology Inc (NAS:GCT) » Definitions » Price-to-Tangible-Book

Comparable Companies

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Traded in Other Exchanges

N/A

Address

24-30 Ice House Street, Unit A, 12th Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

https://www.gigacloudtech.com

GigaCloud Technology Inc end-to-end B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which refers to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia, with resellers in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.