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Planet Ventures (Planet Ventures) Book Value per Share : $0.04 (As of Dec. 2023)


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What is Planet Ventures Book Value per Share?

Planet Ventures's book value per share for the quarter that ended in Dec. 2023 was $0.04.

During the past 12 months, Planet Ventures's average Book Value Per Share Growth Rate was -34.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -34.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -22.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -12.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Planet Ventures was 112.80% per year. The lowest was -45.20% per year. And the median was -7.15% per year.

Planet Ventures's current price is $0.0182. Its book value per share for the quarter that ended in Dec. 2023 was $0.04. Hence, today's PB Ratio of Planet Ventures is 0.51.

During the past 13 years, the highest P/B Ratio of Planet Ventures was 4.02. The lowest was 0.27. And the median was 0.92.


Planet Ventures Book Value per Share Historical Data

The historical data trend for Planet Ventures's Book Value per Share 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.

Planet Ventures Book Value per Share Chart

Planet Ventures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.13 0.10 0.08 0.04

Planet Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.04 0.04 0.04 0.04

Competitive Comparison of Planet Ventures's Book Value per Share

For the Asset Management subindustry, Planet Ventures's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Planet Ventures's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Planet Ventures's PB Ratio distribution charts can be found below:

* The bar in red indicates where Planet Ventures's PB Ratio falls into.



Planet Ventures Book Value per Share Calculation

Planet Ventures's Book Value Per Share for the fiscal year that ended in Mar. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4.25-0.00)/110.63
=0.04

Planet Ventures's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3.97-0.00)/110.63
=0.04

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Planet Ventures  (OTCPK:PNXPF) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Planet Ventures Book Value per Share Related Terms

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Planet Ventures (Planet Ventures) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 303, Vancouver, BC, CAN, V6C 2T7
Planet Ventures Inc is an investment company. The company invests in a portfolio of shares and other securities of public and private companies. It invests in the mining, cryptocurrency, and blockchain arena in addition to its most recent investment in a legal web-based sportsbook.

Planet Ventures (Planet Ventures) Headlines

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