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iMining Technologies (TSXV:IMIN.H) PB Ratio : 0.15 (As of May. 26, 2024)


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What is iMining 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 (2024-05-26), iMining Technologies's share price is C$0.085. iMining Technologies's Book Value per Share for the quarter that ended in Feb. 2022 was C$0.56. Hence, iMining Technologies's PB Ratio of today is 0.15.

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

TSXV:IMIN.H's PB Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 1.31
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


iMining Technologies PB Ratio Historical Data

The historical data trend for iMining 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.

iMining Technologies PB Ratio Chart

iMining Technologies Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.27 1.67 - 1.72

iMining Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 99.00 1.72 0.82 0.74 0.59

Competitive Comparison of iMining Technologies's PB Ratio

For the Capital Markets subindustry, iMining 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.


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

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

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



iMining 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2022)
=0.085/0.556
=0.15

* 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.


iMining Technologies  (TSXV:IMIN.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.


iMining Technologies PB Ratio Related Terms

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iMining Technologies (TSXV:IMIN.H) Business Description

Traded in Other Exchanges
N/A
Address
750 - 580 Hornby Street, Vancouver, BC, CAN, V6C 3B6
iMining Technologies Inc is engaged in cryptocurrency and blockchain space by mining cryptocurrencies and providing infrastructure and power to its colocation clients. The company aims to give investors exposure to the digital currency revolution and blockchain space.

iMining Technologies (TSXV:IMIN.H) Headlines

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