GRIID Infrastructure (GRIID Infrastructure) Price-to-Tangible-Book : (As of Apr. 27, 2024)

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What is GRIID Infrastructure Price-to-Tangible-Book?

As of today (2024-04-27), GRIID Infrastructure's share price is $1.08. GRIID Infrastructure's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $-1.86. Hence, GRIID Infrastructure's Price to Tangible Book Ratio of today is .

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

GRDI's Price-to-Tangible-Book is not ranked ^*
in the Capital Markets industry.
Industry Median: 1.34
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, GRIID Infrastructure's share price is $1.08. GRIID Infrastructure's Book Value per Sharefor the quarter that ended in Sep. 2023 was $-1.86. Hence, GRIID Infrastructure's P/B Ratio of today is .

GRIID Infrastructure Price-to-Tangible-Book Historical Data

The historical data trend for GRIID Infrastructure'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.

GRIID Infrastructure Price-to-Tangible-Book Chart

GRIID Infrastructure Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

GRIID Infrastructure Quarterly Data
	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of GRIID Infrastructure's Price-to-Tangible-Book

For the Capital Markets subindustry, GRIID Infrastructure'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.

GRIID Infrastructure's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GRIID Infrastructure's Price-to-Tangible-Book distribution charts can be found below:

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

GRIID Infrastructure Price-to-Tangible-Book Calculation

GRIID Infrastructure's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	1.08	/	-1.862
	=

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.

GRIID Infrastructure Price-to-Tangible-Book Related Terms

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

GRIID Infrastructure (GRIID Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GRIID Infrastructure Inc (NAS:GRDI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

GRDI:Canada

Address

2577 Duck Creek Road, Cincinnati, OH, USA, 45212

Website

Griid Holdco LLC is a vertically integrated Bitcoin mining company. It owns and operates a growing portfolio of energy infrastructure and high-density data centers across North America. The Company has built a cryptocurrency mining operation, which operates specialized computers (also known as miners) that generate cryptocurrency. Currently, the only cryptocurrency mined by GRIID is Bitcoin.

GRIID Infrastructure (GRIID Infrastructure) Headlines

From GuruFocus

Glancy Prongay & Murray LLP Announces Investigation of GRIID Infrastructure Inc. (GRDI)

By Business Wire • 03-05-2024