GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Collective Mining Ltd (TSX:CNL) » Definitions » Price-to-Tangible-Book

Collective Mining (TSX:CNL) Price-to-Tangible-Book : 14.73 (As of May. 10, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Collective Mining Price-to-Tangible-Book?

As of today (2024-05-10), Collective Mining's share price is C$4.11. Collective Mining's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.28. Hence, Collective Mining's Price to Tangible Book Ratio of today is 14.73.

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

TSX:CNL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.01   Med: 14.25   Max: 15.16
Current: 14.68

During the past 4 years, Collective Mining's highest Price to Tangible Book Ratio was 15.16. The lowest was 7.01. And the median was 14.25.

TSX:CNL's Price-to-Tangible-Book is ranked worse than
97% of 2234 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSX:CNL: 14.68

A closely related ratio is called PB Ratio. As of today, Collective Mining's share price is C$4.11. Collective Mining's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.28. Hence, Collective Mining's P/B Ratio of today is 14.73.


Collective Mining Price-to-Tangible-Book Historical Data

The historical data trend for Collective Mining'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.

Collective Mining Price-to-Tangible-Book Chart

Collective Mining Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 7.01 14.25 15.16

Collective Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 19.03 14.25 7.52 12.37 15.16

Competitive Comparison of Collective Mining's Price-to-Tangible-Book

For the Gold subindustry, Collective Mining'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.


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

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

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



Collective Mining Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=4.11/0.279
=14.73

* 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.


Collective Mining Price-to-Tangible-Book Related Terms

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


Collective Mining (TSX:CNL) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, 4th Floor, Toronto, ON, CAN, M5C 1P1
Collective Mining Ltd is an exploration and development company focused on identifying and exploring prospective mineral projects in South America. The company currently has 100% interest in two projects located in Colombia, namely, Guayabales and San Antonio. The company is responsible for discovering, permitting and constructing the gold mine in Colombia. The company is rapidly advancing exploration on large-scale copper-gold-molybdenum porphyry targets in the mining-friendly department of Caldas in Colombia. Drilling is underway at the Guayabales project which is strategically located contiguous to the Marmato deposit, with initial assay results ongoing.
Executives
Paul Murphy Director

Collective Mining (TSX:CNL) Headlines

From GuruFocus

Cleco Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 05-05-2010

Cleco Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 11-02-2009

Cleco Corp. (CNL) President & COO-Cleco Power Dilek Samil sells 10,840 Shares

By GuruFocus Research GuruFocus Editor 05-12-2010

Mario Gabelli Comments on Cleco Corp

By Holly LaFon Holly LaFon 01-29-2016

Cleco Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 08-04-2010

Cleco Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 11-01-2010

Mario Gabelli Comments on Cleco Corp

By Holly LaFon 10-19-2015

Cleco names Kristin Guillory CFO

By PRNewswire PRNewswire 07-14-2021