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Powerhouse Ventures (ASX:PVL) Price-to-Tangible-Book : 0.72 (As of Sep. 24, 2024)


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What is Powerhouse Ventures Price-to-Tangible-Book?

As of today (2024-09-24), Powerhouse Ventures's share price is A$0.066. Powerhouse Ventures's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was A$0.09. Hence, Powerhouse Ventures's Price to Tangible Book Ratio of today is 0.72.

The historical rank and industry rank for Powerhouse Ventures's Price-to-Tangible-Book or its related term are showing as below:

ASX:PVL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.35   Med: 0.59   Max: 1.2
Current: 0.73

During the past 8 years, Powerhouse Ventures's highest Price to Tangible Book Ratio was 1.20. The lowest was 0.35. And the median was 0.59.

ASX:PVL's Price-to-Tangible-Book is ranked better than
79.35% of 1627 companies
in the Asset Management industry
Industry Median: 0.95 vs ASX:PVL: 0.73

A closely related ratio is called PB Ratio. As of today, Powerhouse Ventures's share price is A$0.066. Powerhouse Ventures's Book Value per Sharefor the quarter that ended in Jun. 2024 was A$0.09. Hence, Powerhouse Ventures's P/B Ratio of today is 0.72.


Powerhouse Ventures Price-to-Tangible-Book Historical Data

The historical data trend for Powerhouse Ventures's Price-to-Tangible-Book 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.

Powerhouse Ventures Price-to-Tangible-Book Chart

Powerhouse Ventures Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.35 1.20 0.80 0.59 0.43

Powerhouse Ventures Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Price-to-Tangible-Book 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 0.80 0.58 0.59 0.51 0.43

Competitive Comparison of Powerhouse Ventures's Price-to-Tangible-Book

For the Asset Management subindustry, Powerhouse Ventures's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Powerhouse Ventures's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Powerhouse Ventures's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Powerhouse Ventures's Price-to-Tangible-Book falls into.



Powerhouse Ventures Price-to-Tangible-Book Calculation

Powerhouse Ventures's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=0.066/0.092
=0.72

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Powerhouse Ventures Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Powerhouse Ventures's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Powerhouse Ventures Business Description

Traded in Other Exchanges
N/A
Address
Ground Floor, 477 Boundary Street, Spring Hill, Sydney, NSW, AUS, 4000
Powerhouse Ventures Ltd is a venture capital firm specializing in incubation, early stage, and growth capital investments. The Company has operating one operating segment: investment in early stage companies using IP developed in emerging technologies such as electrification & decarbonisation, next generation computing, space technologies, and healthcare and wellness. The geographic segment is Australia. It invests in engineering, medical, healthcare, agriculture, environmental, and information technology sectors. The firm also makes investments in intellectual property and research.