Pioneering Technology (Pioneering Technology) Price-to-Tangible-Book : 0.21 (As of May. 26, 2024)

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What is Pioneering Technology Price-to-Tangible-Book?

As of today (2024-05-26), Pioneering Technology's share price is $0.007. Pioneering Technology's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.03. Hence, Pioneering Technology's Price to Tangible Book Ratio of today is 0.21.

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

PTEFF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33 Med: 0.76 Max: 27.62
Current: 0.35

During the past 13 years, Pioneering Technology's highest Price to Tangible Book Ratio was 27.62. The lowest was 0.33. And the median was 0.76.

PTEFF's Price-to-Tangible-Book is ranked better than
97.93% of 869 companies
in the Business Services industry
Industry Median: 2.07 vs PTEFF: 0.35

A closely related ratio is called PB Ratio. As of today, Pioneering Technology's share price is $0.007. Pioneering Technology's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.04. Hence, Pioneering Technology's P/B Ratio of today is 0.19.

Pioneering Technology Price-to-Tangible-Book Historical Data

The historical data trend for Pioneering Technology'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.

Pioneering Technology Price-to-Tangible-Book Chart

Pioneering Technology Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.36

0.86

0.81

0.35

0.47

Pioneering Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.39	0.38	0.26	0.47	0.29

Competitive Comparison of Pioneering Technology's Price-to-Tangible-Book

For the Security & Protection Services subindustry, Pioneering Technology'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.

Pioneering Technology's Price-to-Tangible-Book Distribution in the Business Services Industry

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

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

Pioneering Technology Price-to-Tangible-Book Calculation

Pioneering Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.007	/	0.034
	=	0.21

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.

Pioneering Technology Price-to-Tangible-Book Related Terms

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

Pioneering Technology (Pioneering Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Pioneering Technology Corp (OTCPK:PTEFF) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

PTE:Canada

Address

2400 Skymark Avenue, Unit 7, Mississauga, ON, CAN, L4W 5K5

Website

https://www.pioneeringtech.com

Pioneering Technology Corp is a Canadian-based company. The company is focused on designing, engineering, and producing technology that protects people and their property from cooking fires. It operates in one business segment is the development, manufacture, and sale of products intended to save energy and offer consumer convenience and safety. It offers products that provide effective cooking fire prevention solutions for both the residential and commercial markets. Its product portfolio includes Safe-T-element, SmartBurner, RangeMinder, and Safe-T-sensor. Its geographical coverage includes Canada and the United States whereas it generates the majority of its revenue from the United States.

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