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Rift Valley Resources (XCNQ:RVR) Price-to-Tangible-Book : 2.94 (As of May. 24, 2024)


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What is Rift Valley Resources Price-to-Tangible-Book?

As of today (2024-05-24), Rift Valley Resources's share price is C$0.05. Rift Valley Resources's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was C$0.02. Hence, Rift Valley Resources's Price to Tangible Book Ratio of today is 2.94.

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

XCNQ:RVR's Price-to-Tangible-Book is not ranked *
in the Telecommunication Services industry.
Industry Median: 2.45
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Rift Valley Resources's share price is C$0.05. Rift Valley Resources's Book Value per Sharefor the quarter that ended in Sep. 2022 was C$0.02. Hence, Rift Valley Resources's P/B Ratio of today is 2.94.


Rift Valley Resources Price-to-Tangible-Book Historical Data

The historical data trend for Rift Valley Resources'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.

Rift Valley Resources Price-to-Tangible-Book Chart

Rift Valley Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.10 - - 6.36 4.71

Rift Valley Resources Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.12 4.71 3.75 2.35 2.94

Competitive Comparison of Rift Valley Resources's Price-to-Tangible-Book

For the Telecom Services subindustry, Rift Valley Resources'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.


Rift Valley Resources's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Rift Valley Resources's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Rift Valley Resources's Price-to-Tangible-Book falls into.



Rift Valley Resources Price-to-Tangible-Book Calculation

Rift Valley Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2022 )
=0.05/0.017
=2.94

* 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.


Rift Valley Resources Price-to-Tangible-Book Related Terms

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


Rift Valley Resources (XCNQ:RVR) Business Description

Traded in Other Exchanges
N/A
Address
1681 Chestnut Street, Number 400, Vancouver, BC, CAN, V6J 4M6
Rift Valley Resources Corp is engaged in the evaluation of a wireless service business and other business opportunities. It provides Fixed and Portable wireless broadband. The company also develops QwikCom portable wireless broadband and surveillance system for remote communications, disaster recovery and facility/border surveillance.
Executives
Griffin Jones Director

Rift Valley Resources (XCNQ:RVR) Headlines