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Datum Ventures (TSXV:DAT.H) PB Ratio : 2.06 (As of Jun. 06, 2024)


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What is Datum Ventures 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 (2024-06-06), Datum Ventures's share price is C$0.035. Datum Ventures's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.02. Hence, Datum Ventures's PB Ratio of today is 2.06.

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

TSXV:DAT.H' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 598
Current: 2.06

During the past 12 years, Datum Ventures's highest PB Ratio was 598.00. The lowest was 0.00. And the median was 0.00.

TSXV:DAT.H's PB Ratio is ranked worse than
54.16% of 493 companies
in the Diversified Financial Services industry
Industry Median: 1.84 vs TSXV:DAT.H: 2.06

During the past 12 months, Datum Ventures's average Book Value Per Share Growth Rate was -10.50% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Datum Ventures was -14.50% per year. The lowest was -23.70% per year. And the median was -18.60% per year.

Back to Basics: PB Ratio


Datum Ventures PB Ratio Historical Data

The historical data trend for Datum Ventures'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.

Datum Ventures PB Ratio Chart

Datum Ventures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.50 1.84

Datum Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.63 1.84 1.94 2.06 2.06

Competitive Comparison of Datum Ventures's PB Ratio

For the Shell Companies subindustry, Datum Ventures'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.


Datum Ventures's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Datum Ventures's PB Ratio distribution charts can be found below:

* The bar in red indicates where Datum Ventures's PB Ratio falls into.



Datum Ventures 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.

Datum Ventures's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.035/0.017
=2.06

* 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.


Datum Ventures  (TSXV:DAT.H) 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.


Datum Ventures PB Ratio Related Terms

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


Datum Ventures (TSXV:DAT.H) Business Description

Traded in Other Exchanges
N/A
Address
1030 West Georgia Street, Suite 918, Vancouver, BC, CAN, V6E 2Y3
Website
Datum Ventures Inc is a capital pool company. It is engaged in the identification and evaluation of assets or businesses for acquisition with a view to completing a qualifying transaction.

Datum Ventures (TSXV:DAT.H) Headlines

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