NFT Technologies (NEOE:NFT) Price-to-Tangible-Book : 1.25 (As of Jun. 01, 2024)

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

As of today (2024-06-01), NFT Technologies's share price is C$0.01. NFT Technologies's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was C$0.01. Hence, NFT Technologies's Price to Tangible Book Ratio of today is 1.25.

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

NEOE:NFT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1 Med: 4.6 Max: 12.5
Current: 1

During the past 2 years, NFT Technologies's highest Price to Tangible Book Ratio was 12.50. The lowest was 1.00. And the median was 4.60.

NEOE:NFT's Price-to-Tangible-Book is ranked better than
91.61% of 2087 companies
in the Software industry
Industry Median: 3.52 vs NEOE:NFT: 1.00

A closely related ratio is called PB Ratio. As of today, NFT Technologies's share price is C$0.01. NFT Technologies's Book Value per Sharefor the quarter that ended in Sep. 2023 was C$0.01. Hence, NFT Technologies's P/B Ratio of today is 1.25.

NFT Technologies Price-to-Tangible-Book Historical Data

The historical data trend for NFT 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.

NFT Technologies Price-to-Tangible-Book Chart

NFT Technologies Annual Data

Trend

Dec21

Dec22

Price-to-Tangible-Book

3.91

NFT Technologies Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial						4.19	3.91	5.00	12.50	3.13

Competitive Comparison of NFT Technologies's Price-to-Tangible-Book

For the Information Technology Services subindustry, NFT 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.

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

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

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

NFT Technologies Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.01	/	0.008
	=	1.25

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.

NFT Technologies Price-to-Tangible-Book Related Terms

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

NFT Technologies (NEOE:NFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NFT Technologies Inc (NEOE:NFT) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

NFTFF:USA 8LO:Germany

Address

1965 West 4th Avenue, Suite 202, Vancouver, BC, CAN, V6J 1M8

Website

https://www.nfttech.com

NFT Technologies Inc is working in the non-fungible token space of unique digital assets and environments to develop new technologies, invest in digital assets to provide exposure to investment in NFTs and the metaverse, and advise creators and platforms in the space. The Company also works to develop infrastructure, assets, real estate, and IP in the metaverse, build and generate revenue from web3 games and assets, and bring insights and benefits to the public markets.

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