Quartix Technologies (LSE:QTX) Price-to-Tangible-Book : 29.69 (As of May. 25, 2024)

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What is Quartix Technologies Price-to-Tangible-Book?

As of today (2024-05-25), Quartix Technologies's share price is £1.425. Quartix Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.05. Hence, Quartix Technologies's Price to Tangible Book Ratio of today is 29.69.

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

LSE:QTX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 20.1 Med: 31.18 Max: 101
Current: 28.5

During the past 13 years, Quartix Technologies's highest Price to Tangible Book Ratio was 101.00. The lowest was 20.10. And the median was 31.18.

LSE:QTX's Price-to-Tangible-Book is ranked worse than
98.74% of 2298 companies
in the Hardware industry
Industry Median: 2.06 vs LSE:QTX: 28.50

A closely related ratio is called PB Ratio. As of today, Quartix Technologies's share price is £1.425. Quartix Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.34. Hence, Quartix Technologies's P/B Ratio of today is 4.22.

Quartix Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Quartix Technologies'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.

Quartix Technologies Price-to-Tangible-Book Chart

Quartix Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

43.66

20.10

31.05

20.42

30.73

Quartix Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															31.05	60.38	20.42	19.35	30.73

Competitive Comparison of Quartix Technologies's Price-to-Tangible-Book

For the Scientific & Technical Instruments subindustry, Quartix Technologies'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.

Quartix Technologies's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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

Quartix Technologies Price-to-Tangible-Book Calculation

Quartix Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.425	/	0.048
	=	29.69

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.

Quartix Technologies Price-to-Tangible-Book Related Terms

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

Quartix Technologies (LSE:QTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quartix Technologies PLC (LSE:QTX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Castle Park, Sheraton House, Cambridge, GBR, CB3 0AX

Website

https://www.quartix.net

Quartix Technologies PLC is a supplier of vehicle telematics services. It has two reportable segments: Insurance and Total Fleet operations. The Total Fleet segment has been sub-divided into two further categories. Customer Acquisition includes sales and marketing costs of acquiring new fleet customers and the cost associated with units installed for those customers. Fleet Telematics Services includes recurring revenue associated with the group's active subscription base and the cost of servicing that subscription base. The main source of revenue for all segments is from the provision of vehicle telematics services. The group's revenue by geographical markets is highest in the UK, followed by France, the US, and other European territories.

Quartix Technologies (LSE:QTX) Headlines

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