GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Drone Guarder Inc (OTCPK:DRNG) » Definitions » PB Ratio

Drone Guarder (Drone Guarder) PB Ratio : (As of May. 29, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Drone Guarder PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-29), Drone Guarder's share price is $0.0003. Drone Guarder's Book Value per Share for the quarter that ended in Oct. 2018 was $-0.01. Hence, Drone Guarder's PB Ratio of today is .

The historical rank and industry rank for Drone Guarder's PB Ratio or its related term are showing as below:

DRNG's PB Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.78
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Drone Guarder PB Ratio Historical Data

The historical data trend for Drone Guarder's PB Ratio 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.

Drone Guarder PB Ratio Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
PB Ratio
Get a 7-Day Free Trial - - - - -

Drone Guarder Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
PB Ratio Get a 7-Day Free Trial 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 - - - - -

Competitive Comparison of Drone Guarder's PB Ratio

For the Security & Protection Services subindustry, Drone Guarder's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Drone Guarder's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Drone Guarder's PB Ratio distribution charts can be found below:

* The bar in red indicates where Drone Guarder's PB Ratio falls into.



Drone Guarder PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Drone Guarder's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2018)
=0.0003/-0.012
=

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Drone Guarder  (OTCPK:DRNG) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Drone Guarder PB Ratio Related Terms

Thank you for viewing the detailed overview of Drone Guarder's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Drone Guarder (Drone Guarder) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Drone Guarder Inc is a security and surveillance products provider. The company focused on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: once an alarm has been triggered, the DroneGuarder will immediately take off from a wireless charging pad. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found. Its primary revenue model consists of selling home security systems directly to the clients.