The Glimpse Group (The Glimpse Group) PB Ratio : 1.32 (As of May. 01, 2024)

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What is The Glimpse Group 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 (2024-05-01), The Glimpse Group's share price is $1.17. The Glimpse Group's Book Value per Share for the quarter that ended in Dec. 2023 was $0.89. Hence, The Glimpse Group's PB Ratio of today is 1.32.

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

VRAR' s PB Ratio Range Over the Past 10 Years
Min: 0.92 Med: 2.11 Max: 12.94
Current: 1.3

During the past 5 years, The Glimpse Group's highest PB Ratio was 12.94. The lowest was 0.92. And the median was 2.11.

VRAR's PB Ratio is ranked better than
78.57% of 2581 companies
in the Software industry
Industry Median: 2.66 vs VRAR: 1.30

During the past 12 months, The Glimpse Group's average Book Value Per Share Growth Rate was -60.00% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of The Glimpse Group was 144.90% per year. The lowest was 144.90% per year. And the median was 144.90% per year.

Back to Basics: PB Ratio

The Glimpse Group PB Ratio Historical Data

The historical data trend for The Glimpse Group'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.

The Glimpse Group PB Ratio Chart

The Glimpse Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

1.76

4.67

The Glimpse Group Quarterly Data
	Jun19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial												1.37	1.92	4.67	1.81	1.28

Competitive Comparison of The Glimpse Group's PB Ratio

For the Software - Infrastructure subindustry, The Glimpse Group'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.

The Glimpse Group's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, The Glimpse Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where The Glimpse Group's PB Ratio falls into.

The Glimpse Group 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.

The Glimpse Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.17	/	0.885
	=	1.32

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

The Glimpse Group (NAS:VRAR) 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.

The Glimpse Group PB Ratio Related Terms

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

The Glimpse Group (The Glimpse Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Glimpse Group Inc (NAS:VRAR) » Definitions » PB Ratio

Comparable Companies

CISO SKKY JG SOS VHC CLOQ RVYL SDCH MARK TGCB MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

9DR:Germany

Address

15 West 38th Street, 12th Floor, New York, NY, USA, 10018

Website

https://www.theglimpsegroup.com

The Glimpse Group Inc is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and AR software and services companies, and designed with the specific purpose of cultivating companies in the emerging VR/AR industry.

Executives

Lemuel Amen	director	15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Tyler Gates	officer: Chief Futurist Officer	4154 36TH STREET, ARLINGTON VA 22206
Alexander Ruckdaeschel	director	123 EAST 83RD STREET, APT 3-B, NEW YORK NY 10028
Jeffrey Ralph Meisner	director, officer: Chief Revenue Officer	401 PALLADIAN BLVD., SOUTHLAKE TX 76092
Lyron L Bentovim	director, 10 percent owner, officer: President & CEO	60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Maydan Rothblum	director, officer: Chief Financial Officer & COO	19655 DESCARTES, FOOTHILL RANCH CA 92610
Jeffrey D. Enslin	director	15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Ian Morgan Charles	director	35 ANTILLES WAY, TIBURON CA 94920
David John Smith	director, 10 percent owner, officer: Chief Creative Officer	15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Sharon T Rowlands	director	195 BROADWAY, NEW YORK NY 10007