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Network-1 Technologies (Network-1 Technologies) PB Ratio : 0.92 (As of Apr. 29, 2024)


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What is Network-1 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 (2024-04-29), Network-1 Technologies's share price is $1.9736. Network-1 Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was $2.15. Hence, Network-1 Technologies's PB Ratio of today is 0.92.

Good Sign:

Network-1 Technologies Inc stock PB Ratio (=0.9) is close to 10-year low of 0.88

The historical rank and industry rank for Network-1 Technologies's PB Ratio or its related term are showing as below:

NTIP' s PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.21   Max: 2.42
Current: 0.92

During the past 13 years, Network-1 Technologies's highest PB Ratio was 2.42. The lowest was 0.88. And the median was 1.21.

NTIP's PB Ratio is ranked better than
76.71% of 1026 companies
in the Business Services industry
Industry Median: 1.78 vs NTIP: 0.92

During the past 12 months, Network-1 Technologies's average Book Value Per Share Growth Rate was -6.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Network-1 Technologies was 116.10% per year. The lowest was -60.40% per year. And the median was 4.55% per year.

Back to Basics: PB Ratio


Network-1 Technologies PB Ratio Historical Data

The historical data trend for Network-1 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.

Network-1 Technologies PB Ratio Chart

Network-1 Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 1.81 1.12 0.95 1.01

Network-1 Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.96 1.04 1.10 1.01

Competitive Comparison of Network-1 Technologies's PB Ratio

For the Specialty Business Services subindustry, Network-1 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.


Network-1 Technologies's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Network-1 Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Network-1 Technologies's PB Ratio falls into.



Network-1 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.

Network-1 Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.9736/2.152
=0.92

* 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.


Network-1 Technologies  (AMEX:NTIP) 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.


Network-1 Technologies PB Ratio Related Terms

Thank you for viewing the detailed overview of Network-1 Technologies's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Network-1 Technologies (Network-1 Technologies) Business Description

Traded in Other Exchanges
Address
65 Locust Avenue, Suite 912, New Canaan, CT, USA, 06840
Network-1 Technologies Inc is involved in the business of the development, licensing, and protection of intellectual property rights. The company's current strategy includes continuing to pursue licensing opportunities for its intellectual property assets.
Executives
Robert Michael Mahan officer: Chief Financial Officer 87 MADISON AVENUE, #433, PARK RIDGE NJ 07656
Steven D. Heinemann 10 percent owner C/O GOOSE HILL CAPITAL, 546 FIFTH AVENUE, 14TH FLOOR, NEW YORK NY 10036
Jonathan M Greene officer: Executive Vice President 23 TOPAZ LANE, TRUMBULL CT 06611
Niv Harizman director SAWGRASS CORPORATE INDUSTRIAL PARK, 14000 NW 4TH ST, SUNRISE FL 33325
Allison C Hoffman director 315 EAST 68TH STREET, NEW YORK NY 10065
Emanuel R Pearlman director 250 EAST 79TH STREET, NEW YORK NY 10075
Hound Partners Offshore Fund, Lp 10 percent owner C/O HOUND PARTNERS, LLC, 101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Hound Partners, Llc 10 percent owner 101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Hound Performance, Llc 10 percent owner 101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Auerbach Jonathan A G 10 percent owner 215 E 73RD STREET, NEW YORK NY 10021
Laurent Ohana director 575 LEXINGTON AVENUE, SUITE 400, NEW YORK NY 10022
Woodland Services Corp 10 percent owner
Marilyn Rubenstein 10 percent owner
Jonathan Lieber 10 percent owner 80 CUTTERMILL ROAD STE 311, GREAT NECKK NY 11201
Barry Rubenstein 10 percent owner 68 WHEATLEY RD, BROOKVILLE NY 11545