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Trifork Group AG (OCSE:TRIFOR) Price-to-Tangible-Book : 8.58 (As of May. 25, 2024)


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What is Trifork Group AG Price-to-Tangible-Book?

As of today (2024-05-25), Trifork Group AG's share price is kr124.80. Trifork Group AG's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr14.55. Hence, Trifork Group AG's Price to Tangible Book Ratio of today is 8.58.

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

OCSE:TRIFOR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.49   Med: 12.33   Max: 52.74
Current: 8.58

During the past 6 years, Trifork Group AG's highest Price to Tangible Book Ratio was 52.74. The lowest was 7.49. And the median was 12.33.

OCSE:TRIFOR's Price-to-Tangible-Book is ranked worse than
75.01% of 2085 companies
in the Software industry
Industry Median: 3.55 vs OCSE:TRIFOR: 8.58

A closely related ratio is called PB Ratio. As of today, Trifork Group AG's share price is kr124.80. Trifork Group AG's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr46.49. Hence, Trifork Group AG's P/B Ratio of today is 2.68.


Trifork Group AG Price-to-Tangible-Book Historical Data

The historical data trend for Trifork Group AG'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.

Trifork Group AG Price-to-Tangible-Book Chart

Trifork Group AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 23.99 9.34 7.49

Trifork Group AG Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.28 13.38 10.67 7.49 8.08

Competitive Comparison of Trifork Group AG's Price-to-Tangible-Book

For the Information Technology Services subindustry, Trifork Group AG'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.


Trifork Group AG's Price-to-Tangible-Book Distribution in the Software Industry

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

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



Trifork Group AG Price-to-Tangible-Book Calculation

Trifork Group AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=124.80/14.546
=8.58

* 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.


Trifork Group AG Price-to-Tangible-Book Related Terms

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


Trifork Group AG (OCSE:TRIFOR) Business Description

Traded in Other Exchanges
Address
Neuhofstrasse 10, Schindellegi, CHE, 8834
Trifork Holding AG is an international IT group focusing on the development of software solutions. The company strives to be at the forefront of digital innovation. It focuses on three vertical business areas namely Digital Health, FinTech and Smart Buildings and three horizontals areas such as Cloud Operations, Cyber Protection and Smart Enterprise.

Trifork Group AG (OCSE:TRIFOR) Headlines

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