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Radisson Mining Resources (FRA:2RX) Price-to-Tangible-Book : 1.26 (As of May. 26, 2024)


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What is Radisson Mining Resources Price-to-Tangible-Book?

As of today (2024-05-26), Radisson Mining Resources's share price is €0.175. Radisson Mining Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.14. Hence, Radisson Mining Resources's Price to Tangible Book Ratio of today is 1.26.

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

FRA:2RX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91   Med: 1.55   Max: 2.33
Current: 0.97

During the past 13 years, Radisson Mining Resources's highest Price to Tangible Book Ratio was 2.33. The lowest was 0.91. And the median was 1.55.

FRA:2RX's Price-to-Tangible-Book is ranked better than
63.8% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs FRA:2RX: 0.97

A closely related ratio is called PB Ratio. As of today, Radisson Mining Resources's share price is €0.175. Radisson Mining Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.14. Hence, Radisson Mining Resources's P/B Ratio of today is 1.26.


Radisson Mining Resources Price-to-Tangible-Book Historical Data

The historical data trend for Radisson Mining Resources'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.

Radisson Mining Resources Price-to-Tangible-Book Chart

Radisson Mining Resources 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 1.67 2.09 - - -

Radisson Mining Resources 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 - - - - -

Competitive Comparison of Radisson Mining Resources's Price-to-Tangible-Book

For the Gold subindustry, Radisson Mining Resources'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.


Radisson Mining Resources's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Radisson Mining Resources's Price-to-Tangible-Book falls into.



Radisson Mining Resources Price-to-Tangible-Book Calculation

Radisson Mining Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.175/0.139
=1.26

* 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.


Radisson Mining Resources Price-to-Tangible-Book Related Terms

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


Radisson Mining Resources (FRA:2RX) Business Description

Traded in Other Exchanges
Address
50 rue du Petit, Rouyn-Noranda, QC, CAN, J0Y 1C0
Radisson Mining Resources Inc is a junior mining company. It conducts the acquisition, exploration, and development of mineral properties. The company's properties include the O'Brien, New Alger, and Douay property.

Radisson Mining Resources (FRA:2RX) Headlines

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