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Blockmint Technologies (TSXV:BKMT) PB Ratio : 0.83 (As of Jun. 17, 2024)


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What is Blockmint Technologies 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 (2024-06-17), Blockmint Technologies's share price is C$0.04. Blockmint Technologies's Book Value per Share for the quarter that ended in Mar. 2024 was C$0.05. Hence, Blockmint Technologies's PB Ratio of today is 0.83.

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

TSXV:BKMT' s PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.74   Max: 1.3
Current: 0.83

During the past 13 years, Blockmint Technologies's highest PB Ratio was 1.30. The lowest was 0.41. And the median was 0.74.

TSXV:BKMT's PB Ratio is ranked better than
67.84% of 765 companies
in the Capital Markets industry
Industry Median: 1.28 vs TSXV:BKMT: 0.83

During the past 12 months, Blockmint Technologies's average Book Value Per Share Growth Rate was -2.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -14.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Blockmint Technologies was 68.80% per year. The lowest was -55.00% per year. And the median was -20.35% per year.

Back to Basics: PB Ratio


Blockmint Technologies PB Ratio Historical Data

The historical data trend for Blockmint Technologies'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.

Blockmint Technologies PB Ratio Chart

Blockmint Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 5.95 1.62 0.42 0.76

Blockmint Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.61 1.28 0.76 0.76 1.04

Competitive Comparison of Blockmint Technologies's PB Ratio

For the Capital Markets subindustry, Blockmint Technologies'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.


Blockmint Technologies's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Blockmint Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Blockmint Technologies's PB Ratio falls into.



Blockmint Technologies 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.

Blockmint Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.04/0.048
=0.83

* 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.


Blockmint Technologies  (TSXV:BKMT) 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.


Blockmint Technologies PB Ratio Related Terms

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Blockmint Technologies (TSXV:BKMT) Business Description

Traded in Other Exchanges
Address
733 Seymour Street, Suite 2900, Vancouver, BC, CAN, V6B 0S6
Blockmint Technologies Inc develops distributed systems and networks that enable a more decentralized deployment of blockchain-based applications such as cryptocurrency mining. The company generates revenue from digital currency received for providing mining services to various digital currencies validating a blockchain.
Executives
Colin David Watt Director

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