TrustBIX (TSXV:TBIX) Price-to-Tangible-Book : (As of Apr. 30, 2024)

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What is TrustBIX Price-to-Tangible-Book?

As of today (2024-04-30), TrustBIX's share price is C$0.01. TrustBIX's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$-0.02. Hence, TrustBIX's Price to Tangible Book Ratio of today is .

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

During the past 7 years, TrustBIX's highest Price to Tangible Book Ratio was 37.50. The lowest was 9.85. And the median was 24.14.

TSXV:TBIX's Price-to-Tangible-Book is not ranked ^*
in the Software industry.
Industry Median: 3.66
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, TrustBIX's share price is C$0.01. TrustBIX's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$-0.02. Hence, TrustBIX's P/B Ratio of today is .

TrustBIX Price-to-Tangible-Book Historical Data

The historical data trend for TrustBIX'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.

TrustBIX Price-to-Tangible-Book Chart

TrustBIX Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

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13.83

TrustBIX 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															-	-	-	-	-

Competitive Comparison of TrustBIX's Price-to-Tangible-Book

For the Software - Application subindustry, TrustBIX'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.

TrustBIX's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, TrustBIX's Price-to-Tangible-Book distribution charts can be found below:

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

TrustBIX Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.01	/	-0.016
	=

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.

TrustBIX Price-to-Tangible-Book Related Terms

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

TrustBIX (TSXV:TBIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TrustBIX Inc (TSXV:TBIX) » Definitions » Price-to-Tangible-Book

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TBIXF:USA

Address

10607 - 82 Street NW, Suite 200, 2nd Floor, Edmonton, AB, CAN, T6A 3N2

Website

https://www.trustbix.com

TrustBIX Inc goal is to create a world where we trust more, waste less and reward sustainable behaviour by addressing consumer and agri-food business demands. The company delivers independent validation of food provenance and sustainable production practices within the supply chain - Gate to Plate. It provides a suite of hardware and software solutions to the livestock industry in North America and China. The company's Insight technology offers an edge-to-enterprise supply chain solution that brings asset situational awareness to dealers, equipment fleets, and civil construction managers.

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