Video River Networks (Video River Networks) Price-to-Tangible-Book : 0.24 (As of May. 04, 2024)

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What is Video River Networks Price-to-Tangible-Book?

As of today (2024-05-04), Video River Networks's share price is $0.0045. Video River Networks's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.02. Hence, Video River Networks's Price to Tangible Book Ratio of today is 0.24.

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

NIHK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.24 Med: 0.78 Max: 9.85
Current: 0.24

During the past 13 years, Video River Networks's highest Price to Tangible Book Ratio was 9.85. The lowest was 0.24. And the median was 0.78.

NIHK's Price-to-Tangible-Book is ranked better than
95.69% of 719 companies
in the Capital Markets industry
Industry Median: 1.3 vs NIHK: 0.24

A closely related ratio is called PB Ratio. As of today, Video River Networks's share price is $0.0045. Video River Networks's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.02. Hence, Video River Networks's P/B Ratio of today is 0.24.

Video River Networks Price-to-Tangible-Book Historical Data

The historical data trend for Video River Networks'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.

Video River Networks Price-to-Tangible-Book Chart

Video River Networks Annual Data

Trend

Dec06

Dec07

Dec08

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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9.85

0.78

0.41

Video River Networks Quarterly Data
	Mar19	Jun19	Sep19	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															0.78	0.59	0.45	0.45	0.41

Competitive Comparison of Video River Networks's Price-to-Tangible-Book

For the Capital Markets subindustry, Video River Networks'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.

Video River Networks's Price-to-Tangible-Book Distribution in the Capital Markets Industry

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

* The bar in red indicates where Video River Networks's Price-to-Tangible-Book falls into.

Video River Networks Price-to-Tangible-Book Calculation

Video River Networks's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.0045	/	0.019
	=	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.

Video River Networks Price-to-Tangible-Book Related Terms

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

Video River Networks (Video River Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Video River Networks Inc (OTCPK:NIHK) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501

Website

https://www.videorivernetworks.net

Video River Networks Inc is a specialty real estate holding company. The company has two lines of real estate business which is to promote and preserve affordable housing and economic development across urban neighborhoods in the United States. It is also involved in the Electric Vehicles (EV) business, Artificial Intelligence, Machine Learning and Robotics assets, businesses and operations in North America.

Executives

Frank I Igwealor	director, 10 percent owner, officer: President and CEO	370 AMAPOLA AVE, SUITE 200A, TORRANCE CA 90501
Cannabinoid Biosciences, Inc.	director, 10 percent owner, officer: President and CEO	3699 WILSHIRE BLVD., SUITE 610, LOS ANGELES CA 90010
Video River Networks, Inc.	director, 10 percent owner, officer: President and CEO	1333 N. BUFFALO DR., SUITE 210, LAS VEGAS NV 89128
Daniel P Mcredmond	officer: Corporate Controller
Max Polinsky	director	10715 GULFDALE STE 200, SAN ANTONIO TX 78216
Patrick A Gorman	director
H Douglas Saathoff	officer: CEO
Myron Anduri	10 percent owner, officer: President, as of 01/01/04
Steven H. Jacobson	10 percent owner	P.O. BOX 24947, DENVER CO 80224-0947