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Gaxos.AI (Gaxos.AI) Price-to-Tangible-Book : 1.06 (As of May. 14, 2024)


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What is Gaxos.AI Price-to-Tangible-Book?

As of today (2024-05-14), Gaxos.AI's share price is $3.605. Gaxos.AI's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.41. Hence, Gaxos.AI's Price to Tangible Book Ratio of today is 1.06.

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

GXAI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96   Med: 1.2   Max: 1.2
Current: 1.06

During the past 3 years, Gaxos.AI's highest Price to Tangible Book Ratio was 1.20. The lowest was 0.96. And the median was 1.20.

GXAI's Price-to-Tangible-Book is ranked better than
81.76% of 455 companies
in the Interactive Media industry
Industry Median: 2.72 vs GXAI: 1.06

A closely related ratio is called PB Ratio. As of today, Gaxos.AI's share price is $3.605. Gaxos.AI's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.47. Hence, Gaxos.AI's P/B Ratio of today is 1.04.

Gaxos.AI Price-to-Tangible-Book Historical Data

The historical data trend for Gaxos.AI'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.

Gaxos.AI Price-to-Tangible-Book Chart

Gaxos.AI Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 1.20

Gaxos.AI Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial - 2.76 1.65 0.98 1.20

Competitive Comparison of Gaxos.AI's Price-to-Tangible-Book

For the Electronic Gaming & Multimedia subindustry, Gaxos.AI'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.

Gaxos.AI's Price-to-Tangible-Book Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gaxos.AI's Price-to-Tangible-Book distribution charts can be found below:

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


Gaxos.AI Price-to-Tangible-Book Calculation

Gaxos.AI's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=3.605/3.413
=1.06

* 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:

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.

Gaxos.AI Price-to-Tangible-Book Related Terms

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

Gaxos.AI (Gaxos.AI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gaxos.AI Inc (NAS:GXAI) » Definitions » Price-to-Tangible-Book
Comparable Companies
DROR VRVR MGAM FRZT MSGM GDC WINR GIGM NCTY ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697 SZSE:002555
Traded in Other Exchanges
N/A
Address
101 Eisenhower Parkway, Suite 300, Roseland, NJ, USA, 07068
Website
https://www.nftgco.com
Gaxos.AI Inc formerly NFT Gaming Co Inc is developing a digital gaming platform that will offer its proprietary games as well as games developed and published by third parties. It is developing a gaming platform, called Gaxos, founded with a vision to develop, design, acquire, and manage conventional games and to combine these games with unconventional game mechanisms, such as the ability to create and mint unique in-game features, such as skins, characters, weapons, gear, levels, and virtual lands.
Executives
Vadim Mats director, officer: Chief Executive Officer 285 GRAND AVENUE, ENGLEWOOD NJ 07631
Steven A Shorr officer: Chief Financial Officer 33 MAIDEN LANE, 5TH FLOOR, NEW YORK NY 10038
Scott Grayson director 101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068
Adam Holzer director 101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068
Alex Kisin director 101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068