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Axcap Ventures (Axcap Ventures) Price-to-Tangible-Book : 0.75 (As of Jun. 21, 2024)


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

As of today (2024-06-21), Axcap Ventures's share price is $0.19753. Axcap Ventures's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.26. Hence, Axcap Ventures's Price to Tangible Book Ratio of today is 0.75.

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

GARLF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.14   Med: 0.68   Max: 15.58
Current: 0.46

During the past 13 years, Axcap Ventures's highest Price to Tangible Book Ratio was 15.58. The lowest was 0.14. And the median was 0.68.

GARLF's Price-to-Tangible-Book is ranked better than
95.57% of 474 companies
in the Diversified Financial Services industry
Industry Median: 1.81 vs GARLF: 0.46

A closely related ratio is called PB Ratio. As of today, Axcap Ventures's share price is $0.19753. Axcap Ventures's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.26. Hence, Axcap Ventures's P/B Ratio of today is 0.75.


Axcap Ventures Price-to-Tangible-Book Historical Data

The historical data trend for Axcap 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.

Axcap Ventures Price-to-Tangible-Book Chart

Axcap Ventures Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.13 0.55 2.38 0.68

Axcap Ventures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.32 0.19 0.76 0.68 0.44

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

For the Shell Companies subindustry, Axcap 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.


Axcap Ventures's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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



Axcap Ventures Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.19753/0.264
=0.75

* 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.


Axcap Ventures Price-to-Tangible-Book Related Terms

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


Axcap Ventures (Axcap Ventures) Business Description

Traded in Other Exchanges
Address
488 - 1090 West Georgia Street, Vancouver, BC, CAN, V6E 3V7
Axcap Ventures Inc focuses on investing in various industries, including life sciences, mining and exploration, industrial, and technology.

Axcap Ventures (Axcap Ventures) Headlines

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