EchoIQ Ltd
ASX:EIQ

Watchlist Manager
EchoIQ Ltd Logo
EchoIQ Ltd
ASX:EIQ
Watchlist
Price: 1.16 AUD -0.85% Market Closed
Market Cap: AU$762.2m

P/B

43.7
Current
304%
More Expensive
vs 3-y average of 10.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
43.7
=
Market Cap
AU$562.5m
/
Total Equity
AU$17.3m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
43.7
=
Market Cap
AU$562.5m
/
Total Equity
AU$17.3m

Valuation Scenarios

EchoIQ Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (10.8), the stock would be worth AU$0.29 (75% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-94%
Maximum Upside
No Upside Scenarios
Average Downside
83%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 43.7 AU$1.16
0%
3-Year Average 10.8 AU$0.29
-75%
5-Year Average 8.8 AU$0.23
-80%
Industry Average 7.4 AU$0.2
-83%
Country Average 2.7 AU$0.07
-94%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
AU
EchoIQ Ltd
ASX:EIQ
760.8m AUD 43.7 -48
US
Ezenia! Inc
OTC:EZEN
567B USD -503 105.6 -180 630.8
US
Palantir Technologies Inc
NASDAQ:PLTR
341B USD 46.1 209.4
DE
SAP SE
XETRA:SAP
173.9B EUR 3.9 24.3
US
Salesforce Inc
NYSE:CRM
166.9B USD 2.9 22.6
US
Applovin Corp
NASDAQ:APP
151.7B USD 72.9 46.7
US
Intuit Inc
NASDAQ:INTU
109.9B USD 5.7 24.9
US
Adobe Inc
NASDAQ:ADBE
99.6B USD 8.5 13.5
US
Synopsys Inc
NASDAQ:SNPS
95.9B USD 3.1 86.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
90.5B USD 16.7 82.5
US
NCR Corp
LSE:0K45
90.2B USD 78.1 2 147.1
P/E Multiple
Earnings Growth PEG
AU
EchoIQ Ltd
ASX:EIQ
Average P/E: 295.3
Negative Multiple: -48
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
209.4
58%
3.6
DE
SAP SE
XETRA:SAP
24.3
17%
1.4
US
Salesforce Inc
NYSE:CRM
22.6
31%
0.7
US
Applovin Corp
NASDAQ:APP
46.7
38%
1.2
US
Intuit Inc
NASDAQ:INTU
24.9
30%
0.8
US
Adobe Inc
NASDAQ:ADBE
13.5
20%
0.7
US
Synopsys Inc
NASDAQ:SNPS
86.7
44%
2
US
Cadence Design Systems Inc
NASDAQ:CDNS
82.5
39%
2.1
US
N
NCR Corp
LSE:0K45
2 147.1
52%
41.3

Market Distribution

Higher than 96% of companies in Australia
Percentile
96th
Based on 2 062 companies
96th percentile
43.7
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

EchoIQ Ltd
Glance View

Market Cap
762.2m AUD
Industry
Technology

EchoIQ Ltd. engages in the development, marketing and commercialization of software, products and services. The company is headquartered in Sydney, New South Wales. The company went IPO on 2010-12-17. The firm is engaged in the product development, marketing and commercialization of software products and services. The company provides cardiac diagnostics technology. ECHOiQ’s technology uses artificial intelligence (ai) assisted diagnostics to deliver real-world health solutions. Its screening program uses an AI backed system and access to cardiac big data that identifies patients at risk from aortic stenosis and other forms of structural heart disease. Its technology addresses aortic stenosis, heart failure, and mitral and tricuspid regurgitation. The firm also offers Prometheus that help health funds and insurers understand their providers. The company identifies providers showing signs or early indicators of unusual behaviors that might be related to fraud, claiming errors, or other patterns worthy of further investigation.

EIQ Intrinsic Value
0.45 AUD
Overvaluation 61%
Intrinsic Value
Price AU$1.16
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett