As of today (2025-04-27), Pure Storage's share price is $45.70. Pure Storage's Tangible Book per Share of Jan. 2025 for the quarter that ended in Jan. 2025 was $2.84. Hence, Pure Storage's Price to Tangible Book Ratio of today is 16.09.
The historical rank and industry rank for Pure Storage's Price-to-Tangible-Book or its related term are showing as below:
PSTG'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.46 Med: 11.21 Max: 23.87
Current: 16.09
During the past 12 years, Pure Storage's highest Price to Tangible Book Ratio was 23.87. The lowest was 4.46. And the median was 11.21.
PSTG's Price-to-Tangible-Book is ranked worse than 97.06% of 2278
companies
in the Hardware industry
Industry Median: 1.96
vs PSTG: 16.09
Pure Storage Price-to-Tangible-Book Historical Data
The historical data trend for Pure Storage'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.
Competitive Comparison of Pure Storage's Price-to-Tangible-Book
For the Computer Hardware subindustry, Pure Storage'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.
Pure Storage's Price-to-Tangible-Book Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Pure Storage's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Pure Storage's Price-to-Tangible-Book falls into.
* 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.
Pure Storage Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Pure Storage's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Pure Storage Inc is a U.S.-based company that provides an enterprise data storage platform that transforms business through a dramatic increase in performance and reduction in complexity and costs. It generates revenue from two sources: product revenue, which includes the sale of integrated storage hardware and embedded operating system software; and subscription services revenue, which includes Evergreen Storage subscriptions, a unified subscription that includes Pure as-a-Service, Cloud Block Store, and Portworx. Subscription services revenue also includes professional services offerings such as installation and implementation consulting services.
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