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Bakkt Holdings (Bakkt Holdings) PB Ratio : 0.66 (As of May. 08, 2024)


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What is Bakkt Holdings PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-08), Bakkt Holdings's share price is $8.40. Bakkt Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $12.73. Hence, Bakkt Holdings's PB Ratio of today is 0.66.

Good Sign:

Bakkt Holdings Inc stock PB Ratio (=0.52) is close to 1-year low of 0.51

The historical rank and industry rank for Bakkt Holdings's PB Ratio or its related term are showing as below:

BKKT' s PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.06   Max: 3.61
Current: 0.66

During the past 4 years, Bakkt Holdings's highest PB Ratio was 3.61. The lowest was 0.27. And the median was 1.06.

BKKT's PB Ratio is ranked better than
94.81% of 2583 companies
in the Software industry
Industry Median: 2.68 vs BKKT: 0.66

During the past 12 months, Bakkt Holdings's average Book Value Per Share Growth Rate was -57.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -60.40% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Bakkt Holdings was -60.40% per year. The lowest was -60.40% per year. And the median was -60.40% per year.

Back to Basics: PB Ratio


Bakkt Holdings PB Ratio Historical Data

The historical data trend for Bakkt Holdings's PB Ratio 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.

Bakkt Holdings PB Ratio Chart

Bakkt Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- 1.04 1.00 4.38

Bakkt Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.59 1.34 1.54 4.38

Competitive Comparison of Bakkt Holdings's PB Ratio

For the Software - Infrastructure subindustry, Bakkt Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Bakkt Holdings's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Bakkt Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bakkt Holdings's PB Ratio falls into.



Bakkt Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Bakkt Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=8.40/12.726
=0.66

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Bakkt Holdings  (NYSE:BKKT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Bakkt Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of Bakkt Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bakkt Holdings (Bakkt Holdings) Business Description

Traded in Other Exchanges
N/A
Address
10000 Avalon Boulevard, Suite 1000, Alpharetta, GA, USA, 30009
Bakkt Holdings Inc operates technology that connects the digital economy by offering a platform for crypto and redeeming loyalty points. Its institutional-grade technology platform provides a custody solution that caters to more experienced market participants to store crypto and provides consumers, businesses, and institutions with the ability to buy, sell and store crypto in a simple, intuitive digital experience accessed via application programming interfaces (APIs) or embedded web experience, and Loyalty offers a full spectrum of content that clients can make available to its customers when redeeming loyalty currencies. It generates revenue in the form of Subscription and service and Transaction revenue.
Executives
Vpc Impact Acquisition Holdings Sponsor, Llc director, 10 percent owner, other: See Remarks 150 NORTH RIVERSIDE PLAZA, SUITE 5200, CHICAGO IL 60606
Sean Roberts Collins director C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Marc D'annunzio officer: General Counsel & Secretary C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Mark Sonbolian Elliot officer: Chief Sales & Mktg Officer C/O BAKKT HOLDINGS INC., 10000 AVALON BLVD., SUITE 1000, ALPHARETTA GA 30009
Michael Gavin Constantine director, officer: Chief Executive Officer C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Karen Alexander officer: Chief Accounting Officer C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTE GA 30009
Charles Goodroe officer: Chief Accounting Officer C/O BAKKT HOLDINGS INC., 10000 AVALON BLVD., SUITE 1000, ALPHARETTA GA 30009
Meredith Spatz officer: Chief Customer Officer C/O BAKKT HOLDINGS INC., 10000 AVALON BLVD., SUITE 1000, ALPHARETTA GA 30009
De'ana Dow director C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Jill Simeone director C/O ETSY, 117 ADAMS STREET, BROOKLYN NY 11201
Nancy Gordon officer: EVP Loyalty Rewards & Payments C/O BAKKT HOLDINGS, INC., 5500 WINDWARD PKWY., SUITE 450, ALPHARETTA GA 30005
Andrew A Main director C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Daniel O'prey officer: EVP, Digital Assets C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Michael Leroy Lewis officer: EVP Engineering & Operations C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Matthew Alan Johnson officer: Chief Technology Officer C/O BAKKT HOLDINGS, INC., 5500 WINDWARD PKWY., SUITE 450, ALPHARETTA GA 30005

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