DMG Blockchain Solutions (TSXV:DMGI) Price-to-Tangible-Book : 1.02 (As of May. 17, 2024)

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What is DMG Blockchain Solutions Price-to-Tangible-Book?

As of today (2024-05-17), DMG Blockchain Solutions's share price is C$0.51. DMG Blockchain Solutions's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.50. Hence, DMG Blockchain Solutions's Price to Tangible Book Ratio of today is 1.02.

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

TSXV:DMGI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26 Med: 0.96 Max: 25
Current: 1.02

During the past 12 years, DMG Blockchain Solutions's highest Price to Tangible Book Ratio was 25.00. The lowest was 0.26. And the median was 0.96.

TSXV:DMGI's Price-to-Tangible-Book is ranked better than
62.19% of 722 companies
in the Capital Markets industry
Industry Median: 1.305 vs TSXV:DMGI: 1.02

A closely related ratio is called PB Ratio. As of today, DMG Blockchain Solutions's share price is C$0.51. DMG Blockchain Solutions's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.50. Hence, DMG Blockchain Solutions's P/B Ratio of today is 1.02.

DMG Blockchain Solutions Price-to-Tangible-Book Historical Data

The historical data trend for DMG Blockchain Solutions'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.

DMG Blockchain Solutions Price-to-Tangible-Book Chart

DMG Blockchain Solutions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.60

0.50

1.46

0.44

0.59

DMG Blockchain Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.26	0.59	0.62	0.59	1.22

Competitive Comparison of DMG Blockchain Solutions's Price-to-Tangible-Book

For the Capital Markets subindustry, DMG Blockchain Solutions'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.

DMG Blockchain Solutions's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DMG Blockchain Solutions's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where DMG Blockchain Solutions's Price-to-Tangible-Book falls into.

DMG Blockchain Solutions Price-to-Tangible-Book Calculation

DMG Blockchain Solutions's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.51	/	0.501
	=	1.02

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.

DMG Blockchain Solutions Price-to-Tangible-Book Related Terms

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

DMG Blockchain Solutions (TSXV:DMGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » DMG Blockchain Solutions Inc (TSXV:DMGI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

DMGGF:USA 6AX:Germany

Address

4193 104 Street, Delta, BC, CAN, V4K3N3

Website

https://www.dmgblockchain.com

DMG Blockchain Solutions Inc is a full-service blockchain and cryptocurrency company. It manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. It is also involved in server hosting and other similar service arrangements for the transaction verification services business and software solutions. The company engages in the research and development of technology solutions related to the transaction verification business. It derives revenue from Cryptocurrency mining, the Sale of mining equipment, and Set-up and hosting fees.

Executives

Adrian Glover

Senior Officer

DMG Blockchain Solutions (TSXV:DMGI) Headlines

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