Avidxchange Holdings Inc Price to Tangible Book Ratio (PTB) Ratios, (AVDX) Valuation Ranking and Trends, Fundamental Ratios

AVDX Price to Tangible Book Ratio	(Mar 31 2025)	(Dec 31 2024)	(Sep 30 2024)	(Jun 30 2024)	(Mar 31 2024)
Tangible Book Ratio Trailing 12 Months	I. Quarter	IV. Quarter	III. Quarter	II. Quarter	I. Quarter
Price to Tangible Book (TTM) Ratio	current 4.53	4.90	3.83	5.48	5.93
Tangible Book Value Y / Y Change	5.31 %	7.18 %	10.9 %	14.52 %	8.56 %
Stock performance	to date -7.69 %	27.56 %	-0.12 %	-24.81 %	4.2 %

Price to Tangible Book ratio Comment

Company's current Price to Tangible Book ratio has decreased due to shareprice contraction of -7.69 %, from beginning of I. Quarter and despite Tangible Book Value increase of 5.31 %, to Price to Tangible Book ratio of 4.53, from average Price to Tangible Book ratio in IV. Quarter of 4.90.

What is Price to Tangible Book Ratio?
Valuation by Software & Programming Industry

Price to Tangible Book ratio Company Ranking
Within:	No.
Industry	#66
Sector	#307
S&P 500	#3025

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