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Virtual Interactive Technologies (Virtual Interactive Technologies) PB Ratio : (As of May. 12, 2024)


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What is Virtual Interactive 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 (2024-05-12), Virtual Interactive Technologies's share price is $0.22. Virtual Interactive Technologies's Book Value per Share for the quarter that ended in Sep. 2023 was $-0.19. Hence, Virtual Interactive Technologies's PB Ratio of today is .

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

During the past 12 years, Virtual Interactive Technologies's highest PB Ratio was 21.51. The lowest was 7.60. And the median was 14.85.

VRVR's PB Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 1.96
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Virtual Interactive Technologies's average Book Value Per Share Growth Rate was -285.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -24.50% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Virtual Interactive Technologies was 52.10% per year. The lowest was -253.00% per year. And the median was -8.60% per year.

Back to Basics: PB Ratio


Virtual Interactive Technologies PB Ratio Historical Data

The historical data trend for Virtual Interactive 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.

Virtual Interactive Technologies PB Ratio Chart

Virtual Interactive Technologies Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Sep19 Sep20 Sep21 Sep22 Sep23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 21.29 -

Virtual Interactive Technologies Quarterly Data
Nov18 Feb19 May19 Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 21.29 18.90 - - -

Competitive Comparison of Virtual Interactive Technologies's PB Ratio

For the Electronic Gaming & Multimedia subindustry, Virtual Interactive 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.


Virtual Interactive Technologies's PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Virtual Interactive Technologies's PB Ratio distribution charts can be found below:

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



Virtual Interactive 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.22/-0.187
=

* 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.


Virtual Interactive Technologies  (OTCPK:VRVR) 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.


Virtual Interactive Technologies PB Ratio Related Terms

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Virtual Interactive Technologies (Virtual Interactive Technologies) Business Description

Traded in Other Exchanges
N/A
Address
600 17th Street, Suite 2800 South, Denver, CO, USA, 80202
Virtual Interactive Technologies Corp offers expertise in developing solutions, publishing, and marketing video game products and is actively involved in the early stages of Virtual Reality/Augmented Reality game development. The revenue is generated from the royalty interest in five games, Carmageddon Max Damage, Carmageddon Crashers, Catch and Release, Interplanetary: Enhanced Edition, and Worbital. These games are distributed world-wide on various gaming platforms including Sony PlayStation, Xbox, Steam, and Oculus among others.