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TruTrace Technologies (XCNQ:TTT) Price-to-Tangible-Book : (As of Jun. 20, 2024)


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What is TruTrace Technologies Price-to-Tangible-Book?

As of today (2024-06-20), TruTrace Technologies's share price is C$0.005. TruTrace Technologies's Tangible Book per Share of Jan. 2023 for the quarter that ended in Jan. 2023 was C$-0.02. Hence, TruTrace Technologies's Price to Tangible Book Ratio of today is .

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

XCNQ:TTT's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.49
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, TruTrace Technologies's share price is C$0.005. TruTrace Technologies's Book Value per Sharefor the quarter that ended in Jan. 2023 was C$-0.02. Hence, TruTrace Technologies's P/B Ratio of today is .


TruTrace Technologies Price-to-Tangible-Book Historical Data

The historical data trend for TruTrace Technologies'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.

TruTrace Technologies Price-to-Tangible-Book Chart

TruTrace Technologies Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Apr19 Apr20 Apr21 Apr22
Price-to-Tangible-Book
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TruTrace Technologies Quarterly Data
Mar18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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Competitive Comparison of TruTrace Technologies's Price-to-Tangible-Book

For the Software - Application subindustry, TruTrace Technologies'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.


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

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

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



TruTrace Technologies Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2023 )
=0.005/-0.02
=

* 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.


TruTrace Technologies Price-to-Tangible-Book Related Terms

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


TruTrace Technologies (XCNQ:TTT) Business Description

Traded in Other Exchanges
Address
61 Regal Road, Toronto, ON, CAN, M6H 2J6
TruTrace Technologies Inc is the developer of fully integrated software, secured on a blockchain infrastructure, that gives clients' the ability to store, manage, share and immediately access quality assurance and testing details, COAs, as well as motion and movement intelligence on inventory. The platform was specifically designed to power the traceability of testing standards within the legal cannabis, nutraceutical, food and pharmaceutical space with a focus on the authentication of source materials or ingredients used in formulation.
Executives
Michael Kraft Director

TruTrace Technologies (XCNQ:TTT) Headlines

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