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Triple Flag Precious Metals (TSX:TFPM) Price-to-Tangible-Book : 1.93 (As of May. 21, 2024)


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What is Triple Flag Precious Metals Price-to-Tangible-Book?

As of today (2024-05-21), Triple Flag Precious Metals's share price is C$23.59. Triple Flag Precious Metals's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$12.22. Hence, Triple Flag Precious Metals's Price to Tangible Book Ratio of today is 1.93.

The historical rank and industry rank for Triple Flag Precious Metals's Price-to-Tangible-Book or its related term are showing as below:

TSX:TFPM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.1   Med: 1.56   Max: 42.74
Current: 1.93

During the past 6 years, Triple Flag Precious Metals's highest Price to Tangible Book Ratio was 42.74. The lowest was 1.10. And the median was 1.56.

TSX:TFPM's Price-to-Tangible-Book is ranked worse than
61.8% of 2220 companies
in the Metals & Mining industry
Industry Median: 1.38 vs TSX:TFPM: 1.93

A closely related ratio is called PB Ratio. As of today, Triple Flag Precious Metals's share price is C$23.59. Triple Flag Precious Metals's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$12.22. Hence, Triple Flag Precious Metals's P/B Ratio of today is 1.93.


Triple Flag Precious Metals Price-to-Tangible-Book Historical Data

The historical data trend for Triple Flag Precious Metals'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.

Triple Flag Precious Metals Price-to-Tangible-Book Chart

Triple Flag Precious Metals Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 1.43 1.63 1.46

Triple Flag Precious Metals Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 42.74 1.50 1.46 1.46 1.60

Competitive Comparison of Triple Flag Precious Metals's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, Triple Flag Precious Metals'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.


Triple Flag Precious Metals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Triple Flag Precious Metals's Price-to-Tangible-Book falls into.



Triple Flag Precious Metals Price-to-Tangible-Book Calculation

Triple Flag Precious Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=23.59/12.215
=1.93

* 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.


Triple Flag Precious Metals Price-to-Tangible-Book Related Terms

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


Triple Flag Precious Metals (TSX:TFPM) Business Description

Traded in Other Exchanges
Address
161 Bay Street, TD Canada Trust Tower, Suite 4535, Toronto, ON, CAN, M5J 2S1
Triple Flag Precious Metals Corp is a gold-focused royalty and streaming company. The company's assets portfolio includes Northparkes, Fosterville, Cerro Lindo, and Pumpkin Hollow among others.
Executives
Leshan Soyini Daniel Senior Officer

Triple Flag Precious Metals (TSX:TFPM) Headlines