Digihost Technology (TSXV:DGHI) Price-to-Tangible-Book : 1.15 (As of May. 25, 2024)

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What is Digihost Technology Price-to-Tangible-Book?

As of today (2024-05-25), Digihost Technology's share price is C$1.75. Digihost Technology's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$1.52. Hence, Digihost Technology's Price to Tangible Book Ratio of today is 1.15.

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

TSXV:DGHI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.2 Med: 1.24 Max: 3.4
Current: 1.15

During the past 5 years, Digihost Technology's highest Price to Tangible Book Ratio was 3.40. The lowest was 0.20. And the median was 1.24.

TSXV:DGHI's Price-to-Tangible-Book is ranked better than
87.53% of 2085 companies
in the Software industry
Industry Median: 3.55 vs TSXV:DGHI: 1.15

A closely related ratio is called PB Ratio. As of today, Digihost Technology's share price is C$1.75. Digihost Technology's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$1.52. Hence, Digihost Technology's P/B Ratio of today is 1.15.

Digihost Technology Price-to-Tangible-Book Historical Data

The historical data trend for Digihost Technology'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.

Digihost Technology Price-to-Tangible-Book Chart

Digihost Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

3.40

3.15

0.20

2.25

Digihost Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial													1.24	1.46	0.90	2.25	1.25

Competitive Comparison of Digihost Technology's Price-to-Tangible-Book

For the Software - Application subindustry, Digihost Technology'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.

Digihost Technology's Price-to-Tangible-Book Distribution in the Software Industry

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

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

Digihost Technology Price-to-Tangible-Book Calculation

Digihost Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	1.75	/	1.524
	=	1.15

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.

Digihost Technology Price-to-Tangible-Book Related Terms

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

Digihost Technology (TSXV:DGHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digihost Technology Inc (TSXV:DGHI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

DGHI:USA 1NQ:Germany

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.digihost.ca

Digihost Technology Inc is a blockchain company focused on Bitcoin mining. The company's mining facility is located in Buffalo, New York, and is equipped with an 18.7 MVA 115,000-kilovolt ampere outdoor substation with an option to increase the power output to 42MVA.