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Allied Gold (TSX:AAUC) Price-to-Tangible-Book : 2.08 (As of May. 13, 2024)


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

As of today (2024-05-13), Allied Gold's share price is C$3.32. Allied Gold's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$1.60. Hence, Allied Gold's Price to Tangible Book Ratio of today is 2.08.

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

TSX:AAUC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.06   Med: 2.19   Max: 2.19
Current: 2.06

During the past 2 years, Allied Gold's highest Price to Tangible Book Ratio was 2.19. The lowest was 2.06. And the median was 2.19.

TSX:AAUC's Price-to-Tangible-Book is ranked worse than
66.35% of 2232 companies
in the Metals & Mining industry
Industry Median: 1.35 vs TSX:AAUC: 2.06

A closely related ratio is called PB Ratio. As of today, Allied Gold's share price is C$3.32. Allied Gold's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$1.60. Hence, Allied Gold's P/B Ratio of today is 2.08.

Allied Gold Price-to-Tangible-Book Historical Data

The historical data trend for Allied 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.

Allied Gold Price-to-Tangible-Book Chart

Allied Gold Annual Data
Trend Dec22 Dec23
Price-to-Tangible-Book
- 2.19

Allied Gold Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial - - 2.99 2.19 -

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

For the Gold subindustry, Allied 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.

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

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

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


Allied Gold Price-to-Tangible-Book Calculation

Allied Gold's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3.32/1.6
=2.08

* 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:

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.

Allied Gold Price-to-Tangible-Book Related Terms

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

Allied Gold (TSX:AAUC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Allied Gold Corp (TSX:AAUC) » Definitions » Price-to-Tangible-Book
Comparable Companies
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Traded in Other Exchanges
AAUCF:USA
Address
40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Pacific Centre, Toronto, ON, CAN, M5H 0B4
Website
Allied Gold Corp is a company focused on gold mining asset transformation in Africa. Allied has three mines and several development and exploration projects in Africa where it has significant operating experience. Operations are located in Cote d'Ivoire, Mali, Ethiopia and Egypt. The company aspires to become a mid-tier next-generation gold producer in Africa.
Executives
Gerardo Fernandez-tobar Senior Officer

Allied Gold (TSX:AAUC) Headlines

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