Codrus Minerals (ASX:CDR) Price-to-Tangible-Book : 2.50 (As of May. 14, 2024)

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What is Codrus Minerals Price-to-Tangible-Book?

As of today (2024-05-14), Codrus Minerals's share price is A$0.045. Codrus Minerals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.02. Hence, Codrus Minerals's Price to Tangible Book Ratio of today is 2.50.

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

ASX:CDR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.27 Med: 2.62 Max: 3.48
Current: 2.25

During the past 3 years, Codrus Minerals's highest Price to Tangible Book Ratio was 3.48. The lowest was 1.27. And the median was 2.62.

ASX:CDR's Price-to-Tangible-Book is ranked worse than
68.19% of 2232 companies
in the Metals & Mining industry
Industry Median: 1.335 vs ASX:CDR: 2.25

A closely related ratio is called PB Ratio. As of today, Codrus Minerals's share price is A$0.045. Codrus Minerals's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.02. Hence, Codrus Minerals's P/B Ratio of today is 2.50.

Codrus Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Codrus Minerals'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.

Codrus Minerals Price-to-Tangible-Book Chart

Codrus Minerals Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

2.06

1.27

3.48

Codrus Minerals Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			1.85	1.27	3.25	3.48	3.17

Competitive Comparison of Codrus Minerals's Price-to-Tangible-Book

For the Gold subindustry, Codrus Minerals'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.

Codrus Minerals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

Codrus Minerals Price-to-Tangible-Book Calculation

Codrus Minerals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.045	/	0.018
	=	2.50

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.

Codrus Minerals Price-to-Tangible-Book Related Terms

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

Codrus Minerals (ASX:CDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Codrus Minerals Ltd (ASX:CDR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Altona Street, Level 2, West Perth, WA, AUS, 6005

Website

https://www.codrusminerals.com.au

Codrus Minerals Ltd is an Australia-based gold exploration company. It has an interest in Silver Swan South, Red Gate, and Middle Creek Projects in Western Australia. It also has interests in the Bull Run project located in baker county, United States.