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Balance Labs (Balance Labs) Price-to-Tangible-Book : (As of May. 23, 2024)


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What is Balance Labs Price-to-Tangible-Book?

As of today (2024-05-23), Balance Labs's share price is $0.40. Balance Labs's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-0.22. Hence, Balance Labs's Price to Tangible Book Ratio of today is .

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

During the past 10 years, Balance Labs's highest Price to Tangible Book Ratio was 333.33. The lowest was 90.91. And the median was 114.18.

BLNC's Price-to-Tangible-Book is not ranked *
in the Business Services industry.
Industry Median: 2.07
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Balance Labs's share price is $0.40. Balance Labs's Book Value per Sharefor the quarter that ended in Mar. 2024 was $-0.22. Hence, Balance Labs's P/B Ratio of today is .


Balance Labs Price-to-Tangible-Book Historical Data

The historical data trend for Balance Labs'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.

Balance Labs Price-to-Tangible-Book Chart

Balance Labs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Balance Labs Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Balance Labs's Price-to-Tangible-Book

For the Consulting Services subindustry, Balance Labs'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.


Balance Labs's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Balance Labs's Price-to-Tangible-Book distribution charts can be found below:

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



Balance Labs Price-to-Tangible-Book Calculation

Balance Labs's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.40/-0.215
=

* 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.


Balance Labs Price-to-Tangible-Book Related Terms

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


Balance Labs (Balance Labs) Business Description

Traded in Other Exchanges
N/A
Address
407 Lincoln Road, Suite 701, Miami Beach, FL, USA, 33139
Balance Labs Inc is a United States-based company that is engaged in providing business development and consulting services to start-up and development-stage businesses. It offers services to help businesses in various industries with customized consulting services to meet business needs and aid in improving its business models, sales, marketing plans, and internal operations, as well as it also introduces the businesses to experienced professional contacts for the success of these businesses. It leverages its knowledge in developing businesses with entrepreneurs and startup company management whereby it creates a customized plan to overcome obstacles so it can focus on marketing products and services to potential customers.

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