Payfare (TSX:PAY) Price-to-Tangible-Book : 5.48 (As of May. 09, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Payfare Price-to-Tangible-Book?

As of today (2024-05-09), Payfare's share price is C$6.90. Payfare's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was C$1.26. Hence, Payfare's Price to Tangible Book Ratio of today is 5.48.

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

TSX:PAY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.3 Med: 5.94 Max: 10.08
Current: 5.04

During the past 8 years, Payfare's highest Price to Tangible Book Ratio was 10.08. The lowest was 4.30. And the median was 5.94.

TSX:PAY's Price-to-Tangible-Book is ranked worse than
61.3% of 2088 companies
in the Software industry
Industry Median: 3.67 vs TSX:PAY: 5.04

A closely related ratio is called PB Ratio. As of today, Payfare's share price is C$6.90. Payfare's Book Value per Sharefor the quarter that ended in Sep. 2023 was C$1.37. Hence, Payfare's P/B Ratio of today is 5.05.

Payfare Price-to-Tangible-Book Historical Data

The historical data trend for Payfare'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.

Payfare Price-to-Tangible-Book Chart

Payfare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

8.34

4.30

4.52

Payfare Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															4.30	6.56	4.90	4.30	4.52

Competitive Comparison of Payfare's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Payfare'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.

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

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

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

Payfare Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	6.90	/	1.258
	=	5.48

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.

Payfare Price-to-Tangible-Book Related Terms

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

Payfare (TSX:PAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Payfare Inc (TSX:PAY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

PYFRF:USA S2R:Germany

Address

40 University Avenue, Suite 551, Toronto, ON, CAN, M5J 1T1

Website

https://corp.payfare.com

Payfare Inc is a global fintech company offering mobile banking, instant payment, and loyalty-reward solutions. Its financial technology platform is providing financial inclusion and empowerment to next-generation workers around the globe with a full-service mobile bank account and debit card with instant access to their earnings and relevant cash-back rewards. Some brands that use Payfare include Lyft, Uber, and DoorDash. Its geographical segments are Canada, the United States, and Mexico.