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Right Season Investments (TSXV:LITT) Price-to-Tangible-Book : 0.92 (As of May. 30, 2024)


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What is Right Season Investments Price-to-Tangible-Book?

As of today (2024-05-30), Right Season Investments's share price is C$1.35. Right Season Investments's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$1.47. Hence, Right Season Investments's Price to Tangible Book Ratio of today is 0.92.

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

TSXV:LITT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.69   Med: 2.68   Max: 46.23
Current: 0.92

During the past 13 years, Right Season Investments's highest Price to Tangible Book Ratio was 46.23. The lowest was 0.69. And the median was 2.68.

TSXV:LITT's Price-to-Tangible-Book is ranked better than
56.47% of 1622 companies
in the Asset Management industry
Industry Median: 0.95 vs TSXV:LITT: 0.92

A closely related ratio is called PB Ratio. As of today, Right Season Investments's share price is C$1.35. Right Season Investments's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$1.47. Hence, Right Season Investments's P/B Ratio of today is 0.92.

Right Season Investments Price-to-Tangible-Book Historical Data

The historical data trend for Right Season Investments'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.

Right Season Investments Price-to-Tangible-Book Chart

Right Season Investments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.38 - 3.15 46.23 0.92

Right Season Investments 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 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 1.22 0.91 0.92 1.04 0.88

Competitive Comparison of Right Season Investments's Price-to-Tangible-Book

For the Asset Management subindustry, Right Season Investments'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.

Right Season Investments's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Right Season Investments's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Right Season Investments's Price-to-Tangible-Book falls into.


Right Season Investments Price-to-Tangible-Book Calculation

Right Season Investments's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.35/1.473
=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:

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.

Right Season Investments Price-to-Tangible-Book Related Terms

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

Right Season Investments (TSXV:LITT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Right Season Investments Corp (TSXV:LITT) » Definitions » Price-to-Tangible-Book
Comparable Companies
TSXV:MMM TSXV:WP TSXV:MNX TSX:ENI.UN XCNQ:IC TSX:OSP TSX:PDV TSX:AAB TSXV:ZC TSXV:FNR BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
RMANF:USA
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Website
https://www.rightseasoninvestmentscorp.com
Right Season Investments Corp is a Canadian Venture Capital and Advisory Firm focused on investing growth capital in private and public companies in a broad range of sectors including fintech, education, natural resources, healthcare, and consumer retail services.