Phoenix Digital Assets (AQSE:PNIX) Price-to-Tangible-Book : 4.50 (As of May. 25, 2024)

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What is Phoenix Digital Assets Price-to-Tangible-Book?

As of today (2024-05-25), Phoenix Digital Assets's share price is £0.045. Phoenix Digital Assets's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was £0.01. Hence, Phoenix Digital Assets's Price to Tangible Book Ratio of today is 4.50.

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

AQSE:PNIX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.54 Med: 0.77 Max: 4.6
Current: 4.5

During the past 2 years, Phoenix Digital Assets's highest Price to Tangible Book Ratio was 4.60. The lowest was 0.54. And the median was 0.77.

AQSE:PNIX's Price-to-Tangible-Book is ranked worse than
92.43% of 1624 companies
in the Asset Management industry
Industry Median: 0.96 vs AQSE:PNIX: 4.50

A closely related ratio is called PB Ratio. As of today, Phoenix Digital Assets's share price is £0.045. Phoenix Digital Assets's Book Value per Sharefor the quarter that ended in Dec. 2022 was £0.03. Hence, Phoenix Digital Assets's P/B Ratio of today is 1.80.

Phoenix Digital Assets Price-to-Tangible-Book Historical Data

The historical data trend for Phoenix Digital Assets'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.

Phoenix Digital Assets Price-to-Tangible-Book Chart

Phoenix Digital Assets Annual Data

Trend

Dec21

Dec22

Price-to-Tangible-Book

0.54

1.00

Phoenix Digital Assets Semi-Annual Data
	Dec21	Dec22
Price-to-Tangible-Book	0.54	1.00

Competitive Comparison of Phoenix Digital Assets's Price-to-Tangible-Book

For the Asset Management subindustry, Phoenix Digital Assets'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.

Phoenix Digital Assets's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Phoenix Digital Assets's Price-to-Tangible-Book distribution charts can be found below:

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

Phoenix Digital Assets Price-to-Tangible-Book Calculation

Phoenix Digital Assets's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2022 )
	=	0.045	/	0.01
	=	4.50

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.

Phoenix Digital Assets Price-to-Tangible-Book Related Terms

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

Phoenix Digital Assets (AQSE:PNIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Phoenix Digital Assets PLC (AQSE:PNIX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Great Queen Street, 9th Floor, London, GBR, WC2B 5DG

Website

https://www.nftinvest.pro

Phoenix Digital Assets PLC is a fund specialising in the market for digital assets. The Company invests in a diversified portfolio of cryptocurrency assets, and/or in companies or funds which have exposure to blockchain technology.

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