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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-01), TMC The Metals Co's share price is $1.50. TMC The Metals Co's Book Value per Share for the quarter that ended in Dec. 2023 was $0.04. Hence, TMC The Metals Co's PB Ratio of today is 41.67.
The historical rank and industry rank for TMC The Metals Co's PB Ratio or its related term are showing as below:
During the past 4 years, TMC The Metals Co's highest PB Ratio was 51.94. The lowest was 0.00. And the median was 0.00.
During the past 12 months, TMC The Metals Co's average Book Value Per Share Growth Rate was -76.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -43.50% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of TMC The Metals Co was -43.50% per year. The lowest was -43.50% per year. And the median was -43.50% per year.
The historical data trend for TMC The Metals Co's PB Ratio 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.
TMC The Metals Co Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
PB Ratio | - | 5.06 | 4.94 | 30.56 |
TMC The Metals Co Quarterly Data | ||||||||||||||
Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
PB Ratio | Get a 7-Day Free Trial | 4.94 | 4.19 | 10.38 | 5.48 | 30.56 |
For the Other Industrial Metals & Mining subindustry, TMC The Metals Co's PB Ratio, along with its competitors' market caps and PB Ratio 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.
For the Metals & Mining industry and Basic Materials sector, TMC The Metals Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where TMC The Metals Co's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
TMC The Metals Co's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Dec. 2023) |
= | 1.50 | / | 0.036 | |
= | 41.67 |
* 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:
PB Ratio | = | Market Cap | / | (Total Stockholders Equity | - | Preferred Stock) |
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
TMC The Metals Co (NAS:TMC) PB Ratio Explanation
Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Thank you for viewing the detailed overview of TMC The Metals Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Craig Shesky | officer: Chief Financial Officer | 570 BROOME STREET, APT. 13A, NEW YORK NY 10013 |
Anthony O'sullivan | officer: Chief Development Officer | 19 TENNYSON STREET, BULIMBA, QUEENSLAND C3 4171 |
Gregory Stone | officer: Chief Ocean Scientist | 17350 SUNSET BLVD., 502, PACIFIC PALISADES CA 90272 |
Allseas Group S.a. | 10 percent owner | 18 ROUTE DE PRA DE PLAN, CASE POSTALE 411, CHATEL-SAINT-DENIS V8 1618 |
Andrei Karkar | director, 10 percent owner | 323 MARINA BOULEVARD, SAN FRANCISCO CA 94123 |
Gerard Barron | director, officer: Chief Executive Officer | APT. 6403, JADDAF WATERFRONT TOWER D1, DUBAI C0 00000 |
Argentum Cedit Virtuti Gcv | 10 percent owner | WIEGSTRAAT 21, ANTWERPEN C9 2000 |
Stichting Administratiekantoor Aequa Lance Foundation | 10 percent owner | C/O ALLSEAS GROUP S.A., 18 ROUTE DE PRA DE PLAN, CHATEL-SAINT-DENIS V8 1618 |
Edward Heerema | 10 percent owner | C/O ALLSEAS GROUP S.A., 18 ROUTE DE PRA DE PLAN, CHATEL-SAINT-DENIS V8 1618 |
Allseas Investments S.a. | 10 percent owner | 18 ROUTE DE PRA DE PLAN, CHATEL-SAINT-DENIS V8 1618 |
Andrew Carlyle Greig | director | 1 MACQUARIE ST, TENERIFFE, QLD C3 4005 |
Sheila Khama | director | PO BOX 2007, GABORONE B1 00000 |
Amelia Kinahoi Siamomua | director | 3575 BEACHHILL DRIVE, ATLANTA GA 30340 |
Christian Madsbjerg | director | 36 WEST 13TH STREET, NEW YORK NY 10011 |
Andrew Hall | director | 16 BARONSFIELD ROAD, TWICKENHAM X0 TW1 2QU |
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