Hybrid Power Solutions (XCNQ:HPSS) Price-to-Tangible-Book : 8.86 (As of Jun. 09, 2024)

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What is Hybrid Power Solutions Price-to-Tangible-Book?

As of today (2024-06-09), Hybrid Power Solutions's share price is C$0.195. Hybrid Power Solutions's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was C$0.02. Hence, Hybrid Power Solutions's Price to Tangible Book Ratio of today is 8.86.

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

XCNQ:HPSS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 9.55 Med: 18.18 Max: 18.18
Current: 9.75

During the past 3 years, Hybrid Power Solutions's highest Price to Tangible Book Ratio was 18.18. The lowest was 9.55. And the median was 18.18.

XCNQ:HPSS's Price-to-Tangible-Book is ranked worse than
92.37% of 2818 companies
in the Industrial Products industry
Industry Median: 2.025 vs XCNQ:HPSS: 9.75

A closely related ratio is called PB Ratio. As of today, Hybrid Power Solutions's share price is C$0.195. Hybrid Power Solutions's Book Value per Sharefor the quarter that ended in Feb. 2024 was C$0.02. Hence, Hybrid Power Solutions's P/B Ratio of today is 8.86.

Hybrid Power Solutions Price-to-Tangible-Book Historical Data

The historical data trend for Hybrid Power Solutions'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.

Hybrid Power Solutions Price-to-Tangible-Book Chart

Hybrid Power Solutions Annual Data

Trend

May21

May22

May23

Price-to-Tangible-Book

Hybrid Power Solutions Quarterly Data
	May21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial					-	-	-	-	18.18

Competitive Comparison of Hybrid Power Solutions's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Hybrid Power Solutions'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.

Hybrid Power Solutions's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hybrid Power Solutions's Price-to-Tangible-Book distribution charts can be found below:

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

Hybrid Power Solutions Price-to-Tangible-Book Calculation

Hybrid Power Solutions's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2024 )
	=	0.195	/	0.022
	=	8.86

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.

Hybrid Power Solutions Price-to-Tangible-Book Related Terms

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

Hybrid Power Solutions (XCNQ:HPSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hybrid Power Solutions Inc (XCNQ:HPSS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

E092:Germany

Address

333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1

Website

https://www.hybridps.ca

Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada which is the key revenue generating market, and the United States.

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