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Texas Mineral Resources (Texas Mineral Resources) Price-to-Tangible-Book : 22.19 (As of May. 04, 2024)


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What is Texas Mineral Resources Price-to-Tangible-Book?

As of today (2024-05-04), Texas Mineral Resources's share price is $0.355. Texas Mineral Resources's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $0.02. Hence, Texas Mineral Resources's Price to Tangible Book Ratio of today is 22.19.

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

TMRC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.8   Med: 21.22   Max: 160
Current: 17.75

During the past 13 years, Texas Mineral Resources's highest Price to Tangible Book Ratio was 160.00. The lowest was 4.80. And the median was 21.22.

TMRC's Price-to-Tangible-Book is ranked worse than
98.12% of 2236 companies
in the Metals & Mining industry
Industry Median: 1.3 vs TMRC: 17.75

A closely related ratio is called PB Ratio. As of today, Texas Mineral Resources's share price is $0.355. Texas Mineral Resources's Book Value per Sharefor the quarter that ended in Feb. 2024 was $0.02. Hence, Texas Mineral Resources's P/B Ratio of today is 22.19.


Texas Mineral Resources Price-to-Tangible-Book Historical Data

The historical data trend for Texas Mineral 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.

Texas Mineral Resources Price-to-Tangible-Book Chart

Texas Mineral Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.23 50.65 20.00 47.38 39.25

Texas Mineral Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 46.30 37.92 39.25 18.38 25.05

Competitive Comparison of Texas Mineral Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Texas Mineral 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.


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

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

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



Texas Mineral Resources Price-to-Tangible-Book Calculation

Texas Mineral Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=0.355/0.016
=22.19

* 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.


Texas Mineral Resources Price-to-Tangible-Book Related Terms

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


Texas Mineral Resources (Texas Mineral Resources) Business Description

Traded in Other Exchanges
N/A
Address
539 El Paso Street, Sierra Blanca, TX, USA, 79851
Texas Mineral Resources Corp is an exploration-stage mining company. It is predominantly engaged in the business of acquisition, exploration, and development of mineral properties. The group focuses on the development of a metallurgical process to concentrate or otherwise extract the metals from the Round Top Projects. Its flagship property includes the Round Top rare earths-uranium-beryllium project covering approximately 900 acres in Hudspeth County, Texas; and prospecting permits covering 9,345 acres adjacent to the Round Top project.
Executives
Cecil C Wall director 3 RIVERWAY, STE. 1800, HOUSTON TX 77056
Anthony G. Marchese director 15 BADEAU AVENUE, SUMMIT X1 07901
Lavern K Lund director 5875 LANDERBROOK DRIVE, SUITE 220, CLEVELAND OH 44124
Clark Moseley director PO BOX 2466, SIOUX FALLS SD 57101
Kevin A. Francis director 553 SAGE CIRCLE, HIGHLANDS RANCH CO 80126
Peter Jr. Denetclaw director 6040 SANTA CLARA DR, FARMINGTON NM 87402
Chris Mathers officer: CFO 7 COPANA PT., ROCKPORT TX 78382
Daniel E Gorski director, officer: Chief Executive Officer 7 COPANO PT. RD., ROCKPORT TX 78382
Nicholas Pingitore director C/O TEXAS RARE EARTH RESOURCES CORP., 304 INVERNESS WAY SOUTH, SUITE 365, ENGLEWOOD CO 80112
Sc Fundamental Llc director 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Navajo Transitional Energy Company, Llc 10 percent owner PO BOX 11, FARMINGTON NM 87499
Edward A Collery other: Member of 10% owner group C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Sc Fundamental Llc Employee Savings & Profit Sharing Plan 10 percent owner C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Peter M Collery director C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017
Neil H Koffler director C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017

Texas Mineral Resources (Texas Mineral Resources) Headlines

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