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Equinox Gold (TSX:EQX) Price-to-Tangible-Book : 0.72 (As of May. 01, 2024)


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What is Equinox Gold Price-to-Tangible-Book?

As of today (2024-05-01), Equinox Gold's share price is C$7.45. Equinox Gold's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$10.30. Hence, Equinox Gold's Price to Tangible Book Ratio of today is 0.72.

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

TSX:EQX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.43   Med: 1.45   Max: 198.46
Current: 0.72

During the past 13 years, Equinox Gold's highest Price to Tangible Book Ratio was 198.46. The lowest was 0.43. And the median was 1.45.

TSX:EQX's Price-to-Tangible-Book is ranked better than
71.76% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSX:EQX: 0.72

A closely related ratio is called PB Ratio. As of today, Equinox Gold's share price is C$7.45. Equinox Gold's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$10.30. Hence, Equinox Gold's P/B Ratio of today is 0.72.


Equinox Gold Price-to-Tangible-Book Historical Data

The historical data trend for Equinox Gold'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.

Equinox Gold Price-to-Tangible-Book Chart

Equinox Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 1.72 0.78 0.43 0.63

Equinox Gold 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 0.43 0.66 0.59 0.56 0.63

Competitive Comparison of Equinox Gold's Price-to-Tangible-Book

For the Gold subindustry, Equinox Gold'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.


Equinox Gold's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Equinox Gold's Price-to-Tangible-Book distribution charts can be found below:

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



Equinox Gold Price-to-Tangible-Book Calculation

Equinox Gold's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=7.45/10.304
=0.72

* 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.


Equinox Gold Price-to-Tangible-Book Related Terms

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


Equinox Gold (TSX:EQX) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6C 1G8
Equinox Gold Corp is a mining company engaged in the operation, acquisition, exploration and development of mineral properties, with a focus on gold. Equinox Gold has around seven operating gold mines and a clear plan to increase production by advancing a pipeline of growth projects.