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Riot Platforms (Riot Platforms) Price-to-Tangible-Book

: 1.08 (As of Today)
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As of today (2024-04-19), Riot Platforms's share price is $8.70. Riot Platforms's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.07. Hence, Riot Platforms's Price to Tangible Book Ratio of today is 1.08.

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

RIOT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51   Med: 2.21   Max: 8.53
Current: 1.08

During the past 13 years, Riot Platforms's highest Price to Tangible Book Ratio was 8.53. The lowest was 0.51. And the median was 2.21.

RIOT's Price-to-Tangible-Book is ranked better than
60.47% of 721 companies
in the Capital Markets industry
Industry Median: 1.31 vs RIOT: 1.08

A closely related ratio is called PB Ratio. As of today, Riot Platforms's share price is $8.70. Riot Platforms's Book Value per Sharefor the quarter that ended in Dec. 2023 was $8.18. Hence, Riot Platforms's P/B Ratio of today is 1.06.


Riot Platforms Price-to-Tangible-Book Historical Data

The historical data trend for Riot Platforms'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.

Riot Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 4.82 2.61 0.51 1.92

Riot Platforms Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 0.51 1.57 1.77 1.39 1.92

Competitive Comparison

For the Capital Markets subindustry, Riot Platforms'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.


Riot Platforms Price-to-Tangible-Book Distribution

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

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



Riot Platforms Price-to-Tangible-Book Calculation

Riot Platforms's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=8.70/8.066
=1.08

* 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.


Riot Platforms Price-to-Tangible-Book Related Terms

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


Riot Platforms (Riot Platforms) Business Description

Traded in Other Exchanges
Address
3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109
Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. Distributed blockchain technology is a decentralized and encrypted ledger that is designed to offer a secure, efficient, verifiable, and permanent way of storing records and other information without the need for intermediaries. It serves as a medium of exchange, store of value, or unit of account. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment.
Executives
William Richard Jackman officer: General Counsel C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Hubert Marleau director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Jason Chung officer: EVP, CORP DEV (SEE REMARKS) C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Lance Varro D'ambrosio director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Yi Soo Il Benjamin director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Jason Les director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Ryan D. Werner officer: SVP & CAO (See Remarks) C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Hannah Cho director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Yee Colin M. officer: CFO C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Chad Everett Harris officer: Subsidiary Officer See Remarks C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Megan M. Brooks officer: Chief Operating Officer C/O RIOT BLOCKCHAIN, INC., 3855 AMBROSIA STREET, STE 301, CASTLE ROCK CO 80109
Jefferey Mcgonegal officer: Chief Financial Officer 3855 AMBROSIA STREET, STE.301, CASTLE ROCK CO 80109
Data Ag Northern 10 percent owner AN DER WELLE 3, FRANKFURT AM MAIN 2M 60322
Lyle Joseph Theriot officer: Subsidiary Officer See Remarks C/O RIOT BLOCKCHAIN, INC., 3855 AMBROSIA STREET, STE. 301, CASTLE ROCK CO 80109
Remo Mancini director 6 LAIRD AVENUE SOUTH, AMHERSTBURG A6 N9V 1X5