Hopefield Ventures Two (TSXV:HVII.P) Price-to-Tangible-Book : 1.76 (As of May. 30, 2024)

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What is Hopefield Ventures Two Price-to-Tangible-Book?

As of today (2024-05-30), Hopefield Ventures Two's share price is C$0.09. Hopefield Ventures Two's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.05. Hence, Hopefield Ventures Two's Price to Tangible Book Ratio of today is 1.76.

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

TSXV:HVII.P' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.45 Med: 1.58 Max: 1.8
Current: 1.8

During the past 2 years, Hopefield Ventures Two's highest Price to Tangible Book Ratio was 1.80. The lowest was 1.45. And the median was 1.58.

TSXV:HVII.P's Price-to-Tangible-Book is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.83 vs TSXV:HVII.P: 1.80

A closely related ratio is called PB Ratio. As of today, Hopefield Ventures Two's share price is C$0.09. Hopefield Ventures Two's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.05. Hence, Hopefield Ventures Two's P/B Ratio of today is 1.76.

Hopefield Ventures Two Price-to-Tangible-Book Historical Data

The historical data trend for Hopefield Ventures Two'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.

Hopefield Ventures Two Price-to-Tangible-Book Chart

Hopefield Ventures Two Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

1.58

Hopefield Ventures Two Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial			1.59	1.45	1.53	1.58	1.76

Competitive Comparison of Hopefield Ventures Two's Price-to-Tangible-Book

For the Shell Companies subindustry, Hopefield Ventures Two'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.

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

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

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

Hopefield Ventures Two Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.09	/	0.051
	=	1.76

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.

Hopefield Ventures Two Price-to-Tangible-Book Related Terms

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

Hopefield Ventures Two (TSXV:HVII.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hopefield Ventures Two Inc (TSXV:HVII.P) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8

Website

Hopefield Ventures Two Inc is a capital pool company.

Hopefield Ventures Two (TSXV:HVII.P) Headlines

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