Pineapple Financial (Pineapple Financial) Price-to-Tangible-Book : 10.56 (As of May. 21, 2024)

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What is Pineapple Financial Price-to-Tangible-Book?

As of today (2024-05-21), Pineapple Financial's share price is $1.31. Pineapple Financial's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $0.12. Hence, Pineapple Financial's Price to Tangible Book Ratio of today is 10.56.

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

PAPL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.93 Med: 9.02 Max: 12.1
Current: 10.92

During the past 3 years, Pineapple Financial's highest Price to Tangible Book Ratio was 12.10. The lowest was 5.93. And the median was 9.02.

PAPL's Price-to-Tangible-Book is ranked worse than
99.31% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs PAPL: 10.92

A closely related ratio is called PB Ratio. As of today, Pineapple Financial's share price is $1.31. Pineapple Financial's Book Value per Sharefor the quarter that ended in Feb. 2024 was $0.41. Hence, Pineapple Financial's P/B Ratio of today is 3.20.

Pineapple Financial Price-to-Tangible-Book Historical Data

The historical data trend for Pineapple Financial'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.

Pineapple Financial Price-to-Tangible-Book Chart

Pineapple Financial Annual Data

Trend

Aug21

Aug22

Aug23

Price-to-Tangible-Book

Pineapple Financial Quarterly Data
	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial					-	-	-	5.93	12.10

Competitive Comparison of Pineapple Financial's Price-to-Tangible-Book

For the Mortgage Finance subindustry, Pineapple Financial'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.

Pineapple Financial's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Pineapple Financial's Price-to-Tangible-Book distribution charts can be found below:

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

Pineapple Financial Price-to-Tangible-Book Calculation

Pineapple Financial's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2024 )
	=	1.31	/	0.124
	=	10.56

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.

Pineapple Financial Price-to-Tangible-Book Related Terms

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

Pineapple Financial (Pineapple Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pineapple Financial Inc (AMEX:PAPL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Gordon Baker Road, Unit 200, North York, Toronto, ON, CAN, M2H 3R1

Website

https://www.gopineapple.com

Pineapple Financial Inc is a Canada-based mortgage technology and brokerage company that provides mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers. Through its data-driven systems together with cloud-based tools, it offers advantages in the Canadian mortgage industry relative to alternative mortgage broker arrangements and also provides back office services.