Fortitude Gold (Fortitude Gold) Price-to-Tangible-Book : 0.97 (As of May. 06, 2024)

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

As of today (2024-05-06), Fortitude Gold's share price is $4.85. Fortitude Gold's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $5.00. Hence, Fortitude Gold's Price to Tangible Book Ratio of today is 0.97.

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

FTCO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.95 Med: 1.19 Max: 1.41
Current: 0.97

During the past 5 years, Fortitude Gold's highest Price to Tangible Book Ratio was 1.41. The lowest was 0.95. And the median was 1.19.

FTCO's Price-to-Tangible-Book is ranked better than
62.31% of 2234 companies
in the Metals & Mining industry
Industry Median: 1.305 vs FTCO: 0.97

A closely related ratio is called PB Ratio. As of today, Fortitude Gold's share price is $4.85. Fortitude Gold's Book Value per Sharefor the quarter that ended in Dec. 2023 was $5.01. Hence, Fortitude Gold's P/B Ratio of today is 0.97.

Fortitude Gold Price-to-Tangible-Book Historical Data

The historical data trend for Fortitude 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.

Fortitude Gold Price-to-Tangible-Book Chart

Fortitude Gold Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.41

1.14

1.19

Fortitude Gold Quarterly Data
	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												1.14	1.44	1.27	1.18	1.19

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

For the Gold subindustry, Fortitude 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.

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

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

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

Fortitude Gold Price-to-Tangible-Book Calculation

Fortitude 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 )
	=	4.85	/	5.001
	=	0.97

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.

Fortitude Gold Price-to-Tangible-Book Related Terms

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

Fortitude Gold (Fortitude Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortitude Gold Corp (OTCPK:FTCO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2886 Carriage Manor Point, Colorado Springs, CO, USA, 80906

Website

https://www.fortitudegold.com

Fortitude Gold Corp is a mineral exploration and evaluation company. It primarily explores gold and silver. It is focused on developing the Isabella Pearl project, Golden Mile property, East Camp Douglas property, Mina Gold property, and County Line property.