HIVE Digital Technologies (TSXV:HIVE) Price-to-Tangible-Book : 1.60 (As of Apr. 26, 2024)

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What is HIVE Digital Technologies Price-to-Tangible-Book?

As of today (2024-04-26), HIVE Digital Technologies's share price is C$4.18. HIVE Digital Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$2.61. Hence, HIVE Digital Technologies's Price to Tangible Book Ratio of today is 1.60.

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

TSXV:HIVE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.69 Med: 2.42 Max: 50
Current: 1.6

During the past 13 years, HIVE Digital Technologies's highest Price to Tangible Book Ratio was 50.00. The lowest was 0.69. And the median was 2.42.

TSXV:HIVE's Price-to-Tangible-Book is ranked worse than
55.34% of 721 companies
in the Capital Markets industry
Industry Median: 1.34 vs TSXV:HIVE: 1.60

A closely related ratio is called PB Ratio. As of today, HIVE Digital Technologies's share price is C$4.18. HIVE Digital Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$2.61. Hence, HIVE Digital Technologies's P/B Ratio of today is 1.60.

HIVE Digital Technologies Price-to-Tangible-Book Historical Data

The historical data trend for HIVE Digital Technologies'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.

HIVE Digital Technologies Price-to-Tangible-Book Chart

HIVE Digital Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

6.70

2.11

11.26

2.22

1.80

HIVE Digital Technologies 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	Get a 7-Day Free Trial															0.85	1.80	2.76	2.17	2.28

Competitive Comparison of HIVE Digital Technologies's Price-to-Tangible-Book

For the Capital Markets subindustry, HIVE Digital Technologies'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.

HIVE Digital Technologies's Price-to-Tangible-Book Distribution in the Capital Markets Industry

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

* The bar in red indicates where HIVE Digital Technologies's Price-to-Tangible-Book falls into.

HIVE Digital Technologies Price-to-Tangible-Book Calculation

HIVE Digital Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	4.18	/	2.61
	=	1.60

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.

HIVE Digital Technologies Price-to-Tangible-Book Related Terms

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

HIVE Digital Technologies (TSXV:HIVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » HIVE Digital Technologies Ltd (TSXV:HIVE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

HIVE:USA YO0:Germany YO0:Germany

Address

789 West Pender Street, Suite 855, Vancouver, BC, CAN, V6C 1H2

Website

https://www.hiveblockchain.com

HIVE Digital Technologies Ltd formerly HIVE Blockchain Technologies Ltd is in the business of providing infrastructure solutions in the blockchain industry. It focuses on the mining and sale of digital currencies. Its geographical segments include Canada, Sweden, Iceland, Switzerland, and Bermuda, out of which the majority of the revenue comes from Bermuda.