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Rigetti Computing (Rigetti Computing) Price-to-Tangible-Book : 1.74 (As of May. 08, 2024)


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What is Rigetti Computing Price-to-Tangible-Book?

As of today (2024-05-08), Rigetti Computing's share price is $1.30. Rigetti Computing's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.75. Hence, Rigetti Computing's Price to Tangible Book Ratio of today is 1.74.

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

RGTI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.61   Med: 0.97   Max: 1.87
Current: 1.73

During the past 4 years, Rigetti Computing's highest Price to Tangible Book Ratio was 1.87. The lowest was 0.61. And the median was 0.97.

RGTI's Price-to-Tangible-Book is ranked better than
59.22% of 2305 companies
in the Hardware industry
Industry Median: 2.07 vs RGTI: 1.73

A closely related ratio is called PB Ratio. As of today, Rigetti Computing's share price is $1.30. Rigetti Computing's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.75. Hence, Rigetti Computing's P/B Ratio of today is 1.74.


Rigetti Computing Price-to-Tangible-Book Historical Data

The historical data trend for Rigetti Computing'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.

Rigetti Computing Price-to-Tangible-Book Chart

Rigetti Computing Annual Data
Trend Jan20 Jan21 Dec22 Dec23
Price-to-Tangible-Book
- - 0.61 1.32

Rigetti Computing Quarterly Data
Jan20 Oct20 Jan21 Oct21 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 0.61 0.72 1.31 1.65 1.32

Competitive Comparison of Rigetti Computing's Price-to-Tangible-Book

For the Computer Hardware subindustry, Rigetti Computing'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.


Rigetti Computing's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rigetti Computing's Price-to-Tangible-Book distribution charts can be found below:

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



Rigetti Computing Price-to-Tangible-Book Calculation

Rigetti Computing's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.30/0.745
=1.74

* 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.


Rigetti Computing Price-to-Tangible-Book Related Terms

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


Rigetti Computing (Rigetti Computing) Business Description

Traded in Other Exchanges
N/A
Address
775 Heinz Avenue, Berkeley, CA, USA, 94710
Rigetti Computing Inc is engaged in the business of full-stack quantum computing. Its proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for high-performance practical quantum computing. The company has developed the industry's first multi-chip quantum processor for scalable quantum computing systems. Geographically, it derives a majority of its revenue from the United States.
Executives
Richard Danis officer: General Counsel and Corp. Sec. 5808 LAKE WASHINGTON BLVD. NE, SUITE 300, KIRKLAND WA 98033
David Rivas officer: SVP, Sys. and Serv. (Software) C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94701
Thomas J Iannotti director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Alissa Fitzgerald director C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94710
Cathy L Mccarthy director 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Jeffrey A. Bertelsen officer: Chief Financial Officer 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Mike Harburn officer: SVP, Fabrication Ops. Hardware C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94710
Chad Rigetti director, officer: President and CEO C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94710
Brian J Sereda officer: Chief Financial Officer 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Subodh K Kulkarni officer: President and CEO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Supernova Partners Ii, Llc other: Former 10% Owner 4301 50TH STREET, N.W., SUITE 300, PMB 1044, WASHINGTON DC 20007
Gregory John Peters officer: Chief Revenue Officer C/O RIGETTI COMPUTING, INC., 775 HEINZ AVENUE, BERKELEY CA 94710
Helene Gail Sandford director C/O RIGETTI & CO., INC., 775 HEINZ AVENUE, BERKELEY CA 94710
Amanda Sue Birch officer: SVP, Technology Partnerships C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94710
Bessemer Venture Partners X L.p. 10 percent owner 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538