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Robinhood Markets (Robinhood Markets) Price-to-Tangible-Book : 2.31 (As of Apr. 25, 2024)


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What is Robinhood Markets Price-to-Tangible-Book?

As of today (2024-04-25), Robinhood Markets's share price is $17.12. Robinhood Markets's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.42. Hence, Robinhood Markets's Price to Tangible Book Ratio of today is 2.31.

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

HOOD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.06   Med: 1.72   Max: 2.33
Current: 2.31

During the past 5 years, Robinhood Markets's highest Price to Tangible Book Ratio was 2.33. The lowest was 1.06. And the median was 1.72.

HOOD's Price-to-Tangible-Book is ranked worse than
66.02% of 721 companies
in the Capital Markets industry
Industry Median: 1.34 vs HOOD: 2.31

A closely related ratio is called PB Ratio. As of today, Robinhood Markets's share price is $17.12. Robinhood Markets's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.68. Hence, Robinhood Markets's P/B Ratio of today is 2.23.


Robinhood Markets Price-to-Tangible-Book Historical Data

The historical data trend for Robinhood Markets'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.

Robinhood Markets Price-to-Tangible-Book Chart

Robinhood Markets Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 2.14 1.06 1.72

Robinhood Markets Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.06 1.26 1.28 1.33 1.72

Competitive Comparison of Robinhood Markets's Price-to-Tangible-Book

For the Capital Markets subindustry, Robinhood Markets'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.


Robinhood Markets's Price-to-Tangible-Book Distribution in the Capital Markets Industry

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

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



Robinhood Markets Price-to-Tangible-Book Calculation

Robinhood Markets's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=17.12/7.422
=2.31

* 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.


Robinhood Markets Price-to-Tangible-Book Related Terms

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


Robinhood Markets (Robinhood Markets) Business Description

Traded in Other Exchanges
Address
85 Willow Road, Menlo Park, CA, USA, 94025
Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.
Executives
Baiju Bhatt director, 10 percent owner, officer: Chief Creative Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Vladimir Tenev director, 10 percent owner, officer: Chief Executive Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Jason Warnick officer: Chief Financial Officer C/O ROBINHOOD MARKETS INC, MENLO PARK CA 94025
Gallagher Daniel Martin Jr officer: Chief Legal Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Index Ventures Vi Parallel Entrepreneur Fund (jersey) Lp director, 10 percent owner NO. 1 SEATON PLACE, ST. HELIER, CHANNEL ISLANDS Y9 JE48YJ
Steven M. Quirk officer: Chief Brokerage Officer C/O ROBINHOOD MARKETS INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Scott D Sandell director, 10 percent owner
Florence Anthony A. Jr. director, 10 percent owner 5425 WISCONSIN AVENUE, SUITE 800, CHEVY CHASE MD 20815
Mohamad Makhzoumi director, 10 percent owner 2855 SAND HILL ROAD, MENLO PARK CA 94025
Meyer Malka director 364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Forest Baskett director, 10 percent owner
Frances X Frei director ADVANCE AUTO PARTS, INC., 5008 AIRPORT RD, ROANOKE VA 24012
Gretchen Howard officer: Chief Operating Officer 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Oluwadara Johnson Treseder director C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Aparna Chennapragada officer: Chief Product Officer C/O EBAY, INC., 2025 HAMILTON AVE., SAN JOSE CA 95125