Taal Distributed Information Technologies (XCNQ:TAAL) Price-to-Tangible-Book : 0.72 (As of May. 05, 2024)

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What is Taal Distributed Information Technologies Price-to-Tangible-Book?

As of today (2024-05-05), Taal Distributed Information Technologies's share price is C$1.06. Taal Distributed Information Technologies's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was C$1.48. Hence, Taal Distributed Information Technologies's Price to Tangible Book Ratio of today is 0.72.

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

XCNQ:TAAL's Price-to-Tangible-Book is not ranked ^*
in the Software industry.
Industry Median: 3.63
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Taal Distributed Information Technologies's share price is C$1.06. Taal Distributed Information Technologies's Book Value per Sharefor the quarter that ended in Sep. 2022 was C$1.59. Hence, Taal Distributed Information Technologies's P/B Ratio of today is 0.67.

Taal Distributed Information Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Taal Distributed Information 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.

Taal Distributed Information Technologies Price-to-Tangible-Book Chart

Taal Distributed Information Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Dec19

Dec20

Dec21

Price-to-Tangible-Book

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4.49

0.81

8.86

2.78

Taal Distributed Information Technologies Quarterly Data
	Oct17	Jan18	Apr18	Jul18	Oct18	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															3.30	2.78	2.29	0.69	0.54

Competitive Comparison of Taal Distributed Information Technologies's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Taal Distributed Information 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.

Taal Distributed Information Technologies's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Taal Distributed Information Technologies's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Taal Distributed Information Technologies's Price-to-Tangible-Book falls into.

Taal Distributed Information Technologies Price-to-Tangible-Book Calculation

Taal Distributed Information Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2022 )
	=	1.06	/	1.478
	=	0.72

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.

Taal Distributed Information Technologies Price-to-Tangible-Book Related Terms

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

Taal Distributed Information Technologies (XCNQ:TAAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Taal Distributed Information Technologies Inc (XCNQ:TAAL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Bay Street, Suite 4260, Toronto, ON, CAN, M5J 2V1

Website

https://www.taal.com

Taal Distributed Information Technologies Inc delivers value-added blockchain services, providing professional-grade, highly scalable blockchain infrastructure and transactional platforms to support businesses building solutions and applications upon the BitcoinSV platform, and developing, operating, and managing distributed computing systems for enterprise users. The company's business can be generally divided along these lines: Digital Asset Hashing, Transaction Processing, Software Services, and Digital Asset Hashing Pool Management. The majority of revenue is generated in the Digital Asset Hashing area.

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