Eightco Holdings Inc. (ORBS)
Market price: $0.78
2 valuation methods
- P / Tangible Book: $1.28 to $3.17 (midpoint $1.86)
- P / B: $1.48 to $4.94 (midpoint $2.15)
How each method works
P / Tangible Book: $1.28 to $3.17 (midpoint $1.86)
Values a bank at a peer multiple of tangible book value (book equity less goodwill/intangibles) — the cleanest asset base for comparing banks.
- How it’s calculated
- We start from book value, remove goodwill and other intangible assets to get tangible book value per share, and apply the range of price-to-tangible-book multiples comparable banks trade at.
- Why it fits this industry
- Tangible book is the hardest measure of a bank's equity — what remains after acquisition goodwill is set aside — and is the banking sector's standard basis for comparing lenders.
- Reading this bar
- The bar is the per-share value range this method implies: a conservative low, a central estimate, and an optimistic high. If the current price sits below the bar, the market is pricing the shares below what this method's inputs suggest; if it sits above, the market is pricing them higher. No single bar is a verdict — methods disagree for good reasons, so read the whole field together. Banks earning higher returns on their equity deservedly trade at richer multiples of tangible book, so position within the range matters.
P / Tangible Book = (1.57/2.28/3.89)× tangible_book_per_share 0.81 ≈ 1.28/1.86/3.17 (per_share)
P / B: $1.48 to $4.94 (midpoint $2.15)
Values the stock at a peer multiple of its book (net asset) value — most meaningful for asset-heavy and financial companies whose balance sheet drives value.
- How it’s calculated
- We take book value per share (total assets minus total liabilities, from the latest balance sheet, divided by shares outstanding) and multiply it by the range of price-to-book multiples the peer group trades at.
- Why it fits this industry
- A bank's assets and liabilities are mostly financial instruments carried near market value, so book value is a genuinely meaningful measure of what shareholders own.
- Reading this bar
- The bar is the per-share value range this method implies: a conservative low, a central estimate, and an optimistic high. If the current price sits below the bar, the market is pricing the shares below what this method's inputs suggest; if it sits above, the market is pricing them higher. No single bar is a verdict — methods disagree for good reasons, so read the whole field together. Asset-light companies (brands, software) legitimately trade far above book value, so for them a P/B bar well below the price is usually structure, not signal.
P / B = (1.62/2.34/5.38)× book_value_per_share 0.92 ≈ 1.48/2.15/4.94 (per_share)
7 methods not shown
- EV / EBITDA: EV / EBITDA is not a valuation metric for banks/insurers (their model is spread / premium / investment income, not operating cash flow on invested capital)
- EV / Revenue: EV / Revenue is not a valuation metric for banks/insurers (their model is spread / premium / investment income, not operating cash flow on invested capital)
- EV / Gross Profit: gross profit is not a valuation metric for this sector (financial / rental revenue has no cost-of-goods concept) — EV/Gross-Profit not applied
- P / E: diluted EPS is non-positive — P/E is not meaningful for a loss-making period
- DCF (FCFF): base unlevered FCF is non-positive (-239,821,627.97) — nothing to discount; a standard FCFF DCF does not apply
- Dividend Discount Model (DDM): overlay rule suppressed the 'earnings_based' category for this company
- P / E — normalized: normalized (multi-year-average) earnings are non-positive — P/E is not meaningful
Pre-profit company — earnings-based methods not meaningful.
Limited data — fewer than three valuation methods could be formed for this company; showing every method we can stand behind.