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Novra Technologies (TSXV:NVI) Price-to-Tangible-Book : (As of Jun. 06, 2024)


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What is Novra Technologies Price-to-Tangible-Book?

As of today (2024-06-06), Novra Technologies's share price is C$0.05. Novra Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$-0.12. Hence, Novra Technologies's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Novra Technologies's highest Price to Tangible Book Ratio was 120.00. The lowest was 4.44. And the median was 20.00.

TSXV:NVI's Price-to-Tangible-Book is not ranked *
in the Hardware industry.
Industry Median: 2.04
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Novra Technologies's share price is C$0.05. Novra Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$-0.09. Hence, Novra Technologies's P/B Ratio of today is .


Novra Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Novra Technologies'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.

Novra Technologies Price-to-Tangible-Book Chart

Novra Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Novra Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Novra Technologies's Price-to-Tangible-Book

For the Communication Equipment subindustry, Novra Technologies'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.


Novra Technologies's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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



Novra Technologies Price-to-Tangible-Book Calculation

Novra Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.05/-0.123
=

* 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.


Novra Technologies Price-to-Tangible-Book Related Terms

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


Novra Technologies (TSXV:NVI) Business Description

Traded in Other Exchanges
Address
210 - 100 Innovation Drive, Winnipeg, MB, CAN, R3T 6G2
Novra Technologies Inc is engaged in the satellite data distribution business. It offers a comprehensive product portfolio including hardware, software, and services. In addition to its core video, radio, and data products, areas of expertise and added value include encryption and cybersecurity, next-generation hybrid networks (satellite/terrestrial/cloud), and efficient bandwidth utilization. The company is spread across the United States which is the key revenue driver, Canada, EMEA and APAC.

Novra Technologies (TSXV:NVI) Headlines

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