BTC Digital (BTC Digital) Price-to-Tangible-Book : 0.24 (As of May. 01, 2024)

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What is BTC Digital Price-to-Tangible-Book?

As of today (2024-05-01), BTC Digital's share price is $2.27. BTC Digital's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $9.27. Hence, BTC Digital's Price to Tangible Book Ratio of today is 0.24.

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

BTCT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.19 Med: 0.52 Max: 24.27
Current: 0.24

During the past 7 years, BTC Digital's highest Price to Tangible Book Ratio was 24.27. The lowest was 0.19. And the median was 0.52.

BTCT's Price-to-Tangible-Book is ranked better than
95.37% of 216 companies
in the Education industry
Industry Median: 2.02 vs BTCT: 0.24

A closely related ratio is called PB Ratio. As of today, BTC Digital's share price is $2.27. BTC Digital's Book Value per Sharefor the quarter that ended in Dec. 2023 was $9.27. Hence, BTC Digital's P/B Ratio of today is 0.24.

BTC Digital Price-to-Tangible-Book Historical Data

The historical data trend for BTC Digital'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.

BTC Digital Price-to-Tangible-Book Chart

BTC Digital Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

24.27

0.19

0.52

BTC Digital Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial							24.27	-	0.19	0.26	0.52

Competitive Comparison of BTC Digital's Price-to-Tangible-Book

For the Education & Training Services subindustry, BTC Digital'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.

BTC Digital's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, BTC Digital's Price-to-Tangible-Book distribution charts can be found below:

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

BTC Digital Price-to-Tangible-Book Calculation

BTC Digital's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.27	/	9.269
	=	0.24

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.

BTC Digital Price-to-Tangible-Book Related Terms

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

BTC Digital (BTC Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » BTC Digital Ltd (NAS:BTCT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Shenyun West Road, 3rd Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.meten.com

BTC Digital Ltd Formerly Meten Holding Group Ltd provides English language and future skills training to Chinese students and professionals through a digital platform and network of learning centers. It offers adult and junior ELT services under the Meten brand name, junior ELT services under the ABC brand name, and online ELT services under the Likeshuo brand name. Its operating segments are General adult English training, Overseas training services, Online English training, and Junior English training. Geographically, the company operates in the People's Republic of China.