Converge Technology Solutions (CTS.TO) Price/Book Ratio
Market Cap: $1.03B
Avg Volume: 1.42M
Industry: Information Technology Services
Sector: Technology
What is Converge Technology Solutions's Price/Book Ratio?
- Converge Technology Solutions's trailing twelve month (TTM) Price/Book ratio is 2.87.
- Converge Technology Solutions's annual Price/Book ratio as of today is 1.80.
- Converge Technology Solutions's quarterly Price/Book ratio is 1.72.
What is the Price/Book Ratio?
The Price/Book (P/B) ratio is a financial metric that compares a company's market value to its book value. It is calculated by dividing the company's stock price by its book value per share. A lower P/B ratio may indicate that the stock is undervalued.
How is the Price/Book Ratio Calculated?
P/B Ratio = (Market Price per Share) / (Book Value per Share)
Related Metrics
Other important metrics to assess Converge Technology Solutions's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: -3.64
- Quarterly: -16.81
- TTM: -5.79
- P/S Ratio (Price to Sales Ratio) - compares the company's stock price to its revenues:
- Annual: 0.25
- Quarterly: 0.91
- TTM: 0.40
- P/C Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: 2.40
- Quarterly: 10.83
- TTM: 4.01
- PEG Ratio (Price/Earnings to Growth Ratio) - measures the ratio of the P/E ratio to the company's expected earnings growth rate:
- Annual: 0.00
- Quarterly: -0.09
- TTM: 0.59
These metrics provide insights into Converge Technology Solutions's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Price/Book Ratio
1.80
Quarterly Price/Book Ratio
1.72
TTM Price/Book Ratio
2.87
Converge Technology Solutions Historical Price/Book Ratio
Historical P/E Ratio
Historical P/S Ratio
Historical P/C Ratio
Historical PEG Ratio
Converge Technology Solutions Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Price/Book Ratio | P/E Ratio | P/S Ratio | P/C Ratio | PEG Ratio |
|---|---|---|---|---|---|
| 2024 | 1.80 | -3.64 | 0.25 | 2.40 | 0.00 |
| 2023 | 1.46 | -590.89 | 0.32 | 3.73 | 5.61 |
| 2022 | 1.63 | 35.85 | 0.45 | 23.52 | 0.81 |
| 2021 | 3.29 | 123.41 | 1.32 | 23.20 | -0.38 |
| 2020 | 5.03 | -122.55 | 0.54 | 9.91 | 1.73 |
| 2019 | -10.97 | -10.00 | 0.16 | 4.04 | 0.20 |
| 2018 | -7.86 | -1.94 | 0.08 | 33.13 | 0.02 |
| 2017 | -0.30 | -0.33 | 0.02 | 0.22 | 0.00 |
| 2016 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Related Metrics
Explore detailed financial metrics and analysis for CTS.TO.