Critical Infrastructure Technologies (XCNQ:CTTT) PB Ratio : 13.46 (As of May. 18, 2024)

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What is Critical Infrastructure Technologies 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 (2024-05-18), Critical Infrastructure Technologies's share price is C$0.35. Critical Infrastructure Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.03. Hence, Critical Infrastructure Technologies's PB Ratio of today is 13.46.

The historical rank and industry rank for Critical Infrastructure Technologies's PB Ratio or its related term are showing as below:

XCNQ:CTTT' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 13.46
Current: 13.46

During the past 3 years, Critical Infrastructure Technologies's highest PB Ratio was 13.46. The lowest was 0.00. And the median was 0.00.

XCNQ:CTTT's PB Ratio is not ranked
in the Hardware industry.
Industry Median: 1.87 vs XCNQ:CTTT: 13.46

During the past 12 months, Critical Infrastructure Technologies's average Book Value Per Share Growth Rate was 190.00% per year.

Back to Basics: PB Ratio

Critical Infrastructure Technologies PB Ratio Historical Data

The historical data trend for Critical Infrastructure Technologies'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.

Critical Infrastructure Technologies PB Ratio Chart

Critical Infrastructure Technologies Annual Data

Trend

Jun21

Jun22

Jun23

PB Ratio

12.41

Critical Infrastructure Technologies Quarterly Data
	Jun22	Mar23	Jun23	Sep23	Dec23
PB Ratio	-	2.86	12.41	13.46	13.46

Competitive Comparison of Critical Infrastructure Technologies's PB Ratio

For the Communication Equipment subindustry, Critical Infrastructure Technologies'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.

Critical Infrastructure Technologies's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Critical Infrastructure Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Critical Infrastructure Technologies's PB Ratio falls into.

Critical Infrastructure Technologies 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.

Critical Infrastructure Technologies's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.35	/	0.026
	=	13.46

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Critical Infrastructure Technologies (XCNQ:CTTT) 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.

Critical Infrastructure Technologies PB Ratio Related Terms

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Critical Infrastructure Technologies (XCNQ:CTTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Critical Infrastructure Technologies Ltd (XCNQ:CTTT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1066 West Hastings Street, Suite 2600, Vancouver, BC, CAN, V6E 3X1

Website

https://www.citech.com.au

Critical Infrastructure Technologies Ltd designs and develops rapidly deployable infrastructure and power systems to support life and mission-critical applications. The company's product set is a range of rapidly deployable, high-capacity communications platforms called the NEXUS 16 and CiNet. The NEXUS 16 is a fully integrated, high-capacity communications platform that can be quickly and safely transported to remote and hostile locations and be fully operational and transmitted in under 60 minutes. CiNet was built to support the Nexus products and provide seamless integration into the operator's own Network Management Systems.

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