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Hydaway Ventures (TSXV:HIDE.P) Price-to-Tangible-Book : 2.94 (As of Jun. 08, 2024)


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What is Hydaway Ventures Price-to-Tangible-Book?

As of today (2024-06-08), Hydaway Ventures's share price is C$0.10. Hydaway Ventures's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was C$0.03. Hence, Hydaway Ventures's Price to Tangible Book Ratio of today is 2.94.

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

TSXV:HIDE.P' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.5   Med: 3.68   Max: 6.86
Current: 3.33

During the past 2 years, Hydaway Ventures's highest Price to Tangible Book Ratio was 6.86. The lowest was 2.50. And the median was 3.68.

TSXV:HIDE.P's Price-to-Tangible-Book is ranked worse than
72.33% of 477 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs TSXV:HIDE.P: 3.33

A closely related ratio is called PB Ratio. As of today, Hydaway Ventures's share price is C$0.10. Hydaway Ventures's Book Value per Sharefor the quarter that ended in Nov. 2023 was C$0.03. Hence, Hydaway Ventures's P/B Ratio of today is 2.94.


Hydaway Ventures Price-to-Tangible-Book Historical Data

The historical data trend for Hydaway Ventures'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.

Hydaway Ventures Price-to-Tangible-Book Chart

Hydaway Ventures Annual Data
Trend Feb22 Feb23
Price-to-Tangible-Book
- 3.33

Hydaway Ventures Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.26 3.33 4.76 4.03 2.50

Competitive Comparison of Hydaway Ventures's Price-to-Tangible-Book

For the Shell Companies subindustry, Hydaway Ventures'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.


Hydaway Ventures's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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



Hydaway Ventures Price-to-Tangible-Book Calculation

Hydaway Ventures's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=0.10/0.034
=2.94

* 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:

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.


Hydaway Ventures Price-to-Tangible-Book Related Terms

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


Hydaway Ventures (TSXV:HIDE.P) Business Description

Traded in Other Exchanges
N/A
Address
208A - 980 West 1st Street, North Vancouver, BC, CAN, V7P 3N4
Website
Hydaway Ventures Corp has no operating business and intends to become a Capital Pool Company.

Hydaway Ventures (TSXV:HIDE.P) Headlines

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