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Bragg Gaming Group (TSX:BRAG) PB Ratio : 1.84 (As of Apr. 26, 2024)


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What is Bragg Gaming 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 (2024-04-26), Bragg Gaming Group's share price is C$8.21. Bragg Gaming Group's Book Value per Share for the quarter that ended in Dec. 2023 was C$4.47. Hence, Bragg Gaming Group's PB Ratio of today is 1.84.

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

TSX:BRAG' s PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 2.45   Max: 79.65
Current: 1.9

During the past 13 years, Bragg Gaming Group's highest PB Ratio was 79.65. The lowest was 0.83. And the median was 2.45.

TSX:BRAG's PB Ratio is ranked worse than
51.39% of 541 companies
in the Interactive Media industry
Industry Median: 1.88 vs TSX:BRAG: 1.90

During the past 12 months, Bragg Gaming Group's average Book Value Per Share Growth Rate was -5.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bragg Gaming Group was 60.90% per year. The lowest was -70.70% per year. And the median was -1.85% per year.

Back to Basics: PB Ratio


Bragg Gaming Group PB Ratio Historical Data

The historical data trend for Bragg Gaming 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.

Bragg Gaming Group PB Ratio Chart

Bragg Gaming Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 3.02 1.34 1.11 1.52

Bragg Gaming Group 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 1.11 1.00 0.88 1.46 1.52

Competitive Comparison of Bragg Gaming Group's PB Ratio

For the Electronic Gaming & Multimedia subindustry, Bragg Gaming 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.


Bragg Gaming Group's PB Ratio Distribution in the Interactive Media Industry

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

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



Bragg Gaming 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.

Bragg Gaming Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=8.21/4.468
=1.84

* 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.


Bragg Gaming Group  (TSX:BRAG) 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.


Bragg Gaming Group PB Ratio Related Terms

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Bragg Gaming Group (TSX:BRAG) Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 1955, Exchange Tower, Toronto, ON, CAN, M5X 1E3
Bragg Gaming Group Inc is a next-generation gaming group developing into a global gaming force. Its main portfolio asset is ORYX Gaming, an innovative business-to-business gaming technology platform, and casino content aggregator. The Company has one reportable operating segment namely B2B Online Gaming.