VERSES AI (VERSES AI) Price-to-Tangible-Book : 8.96 (As of May. 14, 2024)

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What is VERSES AI Price-to-Tangible-Book?

As of today (2024-05-14), VERSES AI's share price is $0.69. VERSES AI's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.08. Hence, VERSES AI's Price to Tangible Book Ratio of today is 8.96.

The historical rank and industry rank for VERSES AI's Price-to-Tangible-Book or its related term are showing as below:

VRSSF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.46 Med: 5.8 Max: 100
Current: 9.86

During the past 2 years, VERSES AI's highest Price to Tangible Book Ratio was 100.00. The lowest was 3.46. And the median was 5.80.

VRSSF's Price-to-Tangible-Book is ranked worse than
77.8% of 2090 companies
in the Software industry
Industry Median: 3.61 vs VRSSF: 9.86

A closely related ratio is called PB Ratio. As of today, VERSES AI's share price is $0.69. VERSES AI's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.08. Hence, VERSES AI's P/B Ratio of today is 8.96.

VERSES AI Price-to-Tangible-Book Historical Data

The historical data trend for VERSES AI'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.

* Premium members only.

VERSES AI Price-to-Tangible-Book Chart

VERSES AI Annual Data

Trend

Mar22

Mar23

Price-to-Tangible-Book

96.92

VERSES AI Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial						5.48	96.92	68.96	5.68	14.94

Competitive Comparison of VERSES AI's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, VERSES AI'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.

VERSES AI's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, VERSES AI's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where VERSES AI's Price-to-Tangible-Book falls into.

VERSES AI Price-to-Tangible-Book Calculation

VERSES AI's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.69	/	0.077
	=	8.96

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

VERSES AI Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of VERSES AI's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

VERSES AI (VERSES AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VERSES AI Inc (OTCPK:VRSSF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

J9A:Germany VERS:Canada

Address

205 - 810 Quayside Drive, New Westminster, BC, CAN, V3M 6B9

Website

https://www.verses.ai

VERSES AI Inc is a cognitive computing company specializing in next-generation AI and developer of KOSM, the world's first network operating system for enabling distributed intelligence. KOSM generates a shared world model of contextualized data, policies, simulations, and workflows.