Aldebaran Resources (TSXV:ALDE) Price-to-Tangible-Book : 1.49 (As of May. 15, 2024)

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What is Aldebaran Resources Price-to-Tangible-Book?

As of today (2024-05-15), Aldebaran Resources's share price is C$1.03. Aldebaran Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.69. Hence, Aldebaran Resources's Price to Tangible Book Ratio of today is 1.49.

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

TSXV:ALDE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.28 Med: 0.95 Max: 1.55
Current: 1.49

During the past 6 years, Aldebaran Resources's highest Price to Tangible Book Ratio was 1.55. The lowest was 0.28. And the median was 0.95.

TSXV:ALDE's Price-to-Tangible-Book is ranked worse than
53.16% of 2229 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSXV:ALDE: 1.49

A closely related ratio is called PB Ratio. As of today, Aldebaran Resources's share price is C$1.03. Aldebaran Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.69. Hence, Aldebaran Resources's P/B Ratio of today is 1.49.

Aldebaran Resources Price-to-Tangible-Book Historical Data

The historical data trend for Aldebaran 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.

Aldebaran Resources Price-to-Tangible-Book Chart

Aldebaran Resources Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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0.53

0.37

0.95

1.07

1.25

Aldebaran Resources Quarterly Data
	Mar19	Jun19	Sep19	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															1.13	1.35	1.25	1.22	1.29

Competitive Comparison of Aldebaran Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Aldebaran 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.

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

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

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

Aldebaran Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.03	/	0.692
	=	1.49

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.

Aldebaran Resources Price-to-Tangible-Book Related Terms

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

Aldebaran Resources (TSXV:ALDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aldebaran Resources Inc (TSXV:ALDE) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

ADBRF:USA

Address

200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4

Website

https://www.aldebaranresources.com

Aldebaran Resources Inc is a Canadian mineral exploration company. Aldebaran has the right to earn from the Altar copper-gold project in San Juan Province, Argentina from Sibanye Stillwater. Altar hosts a large porphyry copper-gold system with mineralization currently defined in three distinct zones and forms part of a cluster of porphyry copper deposits which includes Los Pelambres (Antofagasta Minerals), El Pachon (Glencore), and Los Azules (McEwen Mining). The firm is focused on the Altar project with a view to discovering new zones with higher-grade mineralization.

Aldebaran Resources (TSXV:ALDE) Headlines

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