As of today (2024-04-24), VirnetX Holding's share price is $5.5589. VirnetX Holding's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $15.48. Hence, VirnetX Holding's Price to Tangible Book Ratio of today is 0.36.
The historical rank and industry rank for VirnetX Holding's Price-to-Tangible-Book or its related term are showing as below:
VHC'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.35 Med: 8.91 Max: 140.68
Current: 0.36
During the past 13 years, VirnetX Holding's highest Price to Tangible Book Ratio was 140.68. The lowest was 0.35. And the median was 8.91.
VHC's Price-to-Tangible-Book is ranked better than 97.8% of 2089
companies
in the Software industry
Industry Median: 3.52
vs VHC: 0.36
A closely related ratio is called PB Ratio. As of today, VirnetX Holding's share price is $5.5589. VirnetX Holding's Book Value per Sharefor the quarter that ended in Dec. 2023 was $15.48. Hence, VirnetX Holding's P/B Ratio of today is 0.36.
VirnetX Holding Price-to-Tangible-Book Historical Data
The historical data trend for VirnetX Holding'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.
For the Software - Infrastructure subindustry, VirnetX Holding'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.
VirnetX Holding Price-to-Tangible-Book Distribution
For the Software industry and Technology sector, VirnetX Holding's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where VirnetX Holding's Price-to-Tangible-Book falls into.
* 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.
VirnetX Holding Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of VirnetX Holding's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
VirnetX Holding (VirnetX Holding) Business Description
VirnetX Holding Corp is engaged in the business of commercializing a portfolio of patents. It is an Internet security software and technology company with patented technology for secure communications including 4G LTE security. The company GABRIEL connection technology, are designed to facilitate secure communications and provide the security platform required by next-generation Internet-based applications such as instant messaging, voice over Internet protocol, mobile services, streaming video, file transfer, remote desktop, and Machine-to-Machine communications. The firm sells its products in various market segments, including, healthcare, finance, and government.
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