Plank Ventures (XCNQ:PLNK) Price-to-Tangible-Book

: (As of Today)

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As of today (2024-04-16), Plank Ventures's share price is C$0.08. Plank Ventures's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was C$-0.06. Hence, Plank Ventures's Price to Tangible Book Ratio of today is .

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

During the past 4 years, Plank Ventures's highest Price to Tangible Book Ratio was 3.75. The lowest was 2.88. And the median was 3.42.

XCNQ:PLNK's Price-to-Tangible-Book is not ranked ^*
in the Software industry.
Industry Median: 3.61
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Plank Ventures's share price is C$0.08. Plank Ventures's Book Value per Sharefor the quarter that ended in Jan. 2024 was C$0.16. Hence, Plank Ventures's P/B Ratio of today is 0.50.

Plank Ventures Price-to-Tangible-Book Historical Data

The historical data trend for Plank Ventures'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.

Plank Ventures Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Price-to-Tangible-Book

3.42

Plank Ventures Quarterly Data
	Oct18	Jan19	Apr19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book																-	-	-	-	-

Competitive Comparison

For the Software - Application subindustry, Plank Ventures'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.

Plank Ventures Price-to-Tangible-Book Distribution

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

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

Plank Ventures Price-to-Tangible-Book Calculation

Plank Ventures's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	0.08	/	-0.06
	=

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.

Plank Ventures Price-to-Tangible-Book Related Terms

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

Plank Ventures (XCNQ:PLNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Plank Ventures Ltd (XCNQ:PLNK) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1080 Mainland Street, Suite 204, Vancouver, BC, CAN, V6C 2T4

Website

https://www.plankcapital.com

Plank Ventures Ltd is an investment company. It invests and acquires internet software companies that have growth potential and prove capabilities to sell services into the marketplace. The Company invests in business opportunities in the technology area and SaaS businesses with a focus on marketing via social media and promotion. The company's two operating segments are investing activities (Canada) and online promotions (United States of America). Geographically, it operates within Canada and the United States and derives a majority of its revenue from the United States.

Plank Ventures (XCNQ:PLNK) Headlines

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