Destiny Tech100 (Destiny Tech100) Price-to-Tangible-Book : 2.60 (As of Jun. 23, 2024)

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What is Destiny Tech100 Price-to-Tangible-Book?

As of today (2024-06-23), Destiny Tech100's share price is $12.60. Destiny Tech100's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.84. Hence, Destiny Tech100's Price to Tangible Book Ratio of today is 2.60.

The historical rank and industry rank for Destiny Tech100's Price-to-Tangible-Book or its related term are showing as below:

DXYZ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2.6
Current: 2.6

During the past 2 years, Destiny Tech100's highest Price to Tangible Book Ratio was 2.60. The lowest was 0.00. And the median was 0.00.

DXYZ's Price-to-Tangible-Book is ranked worse than
88.46% of 1620 companies
in the Asset Management industry
Industry Median: 0.94 vs DXYZ: 2.60

A closely related ratio is called PB Ratio. As of today, Destiny Tech100's share price is $12.60. Destiny Tech100's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.84. Hence, Destiny Tech100's P/B Ratio of today is 2.60.

Destiny Tech100 Price-to-Tangible-Book Historical Data

The historical data trend for Destiny Tech100'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.

Destiny Tech100 Price-to-Tangible-Book Chart

Destiny Tech100 Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

Destiny Tech100 Quarterly Data
	Dec22	Jun23	Dec23
Price-to-Tangible-Book	-	-	-

Competitive Comparison of Destiny Tech100's Price-to-Tangible-Book

For the Asset Management subindustry, Destiny Tech100'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.

Destiny Tech100's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Destiny Tech100's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Destiny Tech100's Price-to-Tangible-Book falls into.

Destiny Tech100 Price-to-Tangible-Book Calculation

Destiny Tech100's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	12.60	/	4.837
	=	2.60

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Destiny Tech100 Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Destiny Tech100's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Destiny Tech100 (Destiny Tech100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Destiny Tech100 Inc (NYSE:DXYZ) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1401 Lavaca Street, No. 144, Austin, TX, USA, 78701

Website

https://www.destiny.xyz/tech100

Destiny Tech100 Inc is a non-diversified, closed-end management investment company. It invest in a portfolio of what believe to be 100 of the top venture-backed private technology companies.

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