FRECF (Frequency Exchange) Price-to-Tangible-Book: (As of Sep. 04, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRECF Frequency Exchange Corp FRECF
8 GF Score
Price $0.18
GF Value $0.07
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Frequency Exchange Price-to-Tangible-Book?

As of today (2026-09-04), Frequency Exchange's share price is $0.18375. Frequency Exchange's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $0.00. Hence, Frequency Exchange's Price to Tangible Book Ratio of today is .

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

During the past 6 years, Frequency Exchange's highest Price to Tangible Book Ratio was 280.00. The lowest was 2.71. And the median was 20.00.

FRECF's Price-to-Tangible-Book is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.635
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Frequency Exchange's share price is $0.18375. Frequency Exchange's Book Value per Sharefor the quarter that ended in Jun. 2026 was $0.00. Hence, Frequency Exchange's P/B Ratio of today is .


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.


Frequency Exchange Price-to-Tangible-Book Related Terms


Frequency Exchange Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Frequency Exchange'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.

Frequency Exchange Price-to-Tangible-Book Chart

Frequency Exchange Annual Data
Trend Oct20 Oct21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 35.35

Frequency Exchange Quarterly Data
Jan21 Oct21 Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 15.50 35.35 64.03 160.00

FRECF vs ABT, SYK, MDT: Price-to-Tangible-Book Comparison

For the Medical Devices subindustry, Frequency Exchange'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.


Frequency Exchange Price-to-Tangible-Book vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Frequency Exchange's Price-to-Tangible-Book distribution charts can be found below:

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


FRECF
8GF Score
Frequency Exchange Corp FRECF
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frequency Exchange Price-to-Tangible-Book Calculation

Frequency Exchange's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=0.18375/0.001
=

* 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.

Is Frequency Exchange (FRECF) Overvalued in 2026?

Based on GuruFocus' analysis, Frequency Exchange stock appears to be overvalued. The current stock price of $0.18 is trading 162.5% above its estimated GF Value™ of $0.07. GuruFocus considers Frequency Exchange to be Significantly Overvalued.

Key valuation signals for FRECF:

  • Price-to-Tangible-Book:
  • GF Value™: $0.07 vs. price of $0.18 (162.5% above fair value)
  • GF Score™: 8/100 with 7 warning signs

No single metric tells the full story. See the FRECF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frequency Exchange Business Description

Other Exchanges FREQ:Canada
Address 1498 West 5th Avenue, Vancouver, BC, CAN, V6H 4G3
Frequency Exchange Corp is focused on the development and world-wide commercialization of a wearable Frequency Delivery System providing specialized programs designed for health and wellness as well as performance enhancement. The company has one operating and reportable segment which the sale of wearable devices. Geographically, it operates in Canada; United States; and International.
8GF Score

Get the complete analysis for FRECF

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.18
Price
$0.07
GF Value