Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals. The company also provides installation and maintenance; analytics, hybrid cloud, infrastructure, and cybersecurity services; cloud delivery, compute efficiency, network optimization, and IT spend optimization solutions; and IT professional services, such as data center infrastructure integration and solutioning, and cloud optimization. In addition, it offers business continuity, managed, cognitive, and cybersecurity solutions; IT portfolio management, and consulting services; and multi-site IT deployments, and ISV/OEM solutions. Further, the company provides hardware for education and public sectors. It serves corporate and government institutions. The company has operations in the United States and Canada. Converge Technology Solutions Corp. was incorporated in 2016 and is headquartered in Toronto, Canada.
P/B ratio for Converge Technology Solutions Corp. (CTS.TO)
P/B ratio as of 2023: 1.46
According to Converge Technology Solutions Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.46. At the end of 2022 the company had a P/B ratio of 1.63.
P/B ratio history for Converge Technology Solutions Corp. from 2016 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.46 |
| 2022 | 1.63 |
| 2021 | 3.29 |
| 2020 | 5.03 |
| 2019 | -10.97 |
| 2018 | -7.86 |
| 2017 | -0.30 |
| 2016 | 0.00 |