Canada Nickel Co (TSXV:CNC) Price-to-Tangible-Book : 1.29 (As of May. 14, 2024)

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What is Canada Nickel Co Price-to-Tangible-Book?

As of today (2024-05-14), Canada Nickel Co's share price is C$1.38. Canada Nickel Co's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was C$1.07. Hence, Canada Nickel Co's Price to Tangible Book Ratio of today is 1.29.

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

TSXV:CNC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.03 Med: 2.97 Max: 9.49
Current: 1.29

During the past 4 years, Canada Nickel Co's highest Price to Tangible Book Ratio was 9.49. The lowest was 1.03. And the median was 2.97.

TSXV:CNC's Price-to-Tangible-Book is ranked better than
51.97% of 2232 companies
in the Metals & Mining industry
Industry Median: 1.335 vs TSXV:CNC: 1.29

A closely related ratio is called PB Ratio. As of today, Canada Nickel Co's share price is C$1.38. Canada Nickel Co's Book Value per Sharefor the quarter that ended in Jan. 2024 was C$1.07. Hence, Canada Nickel Co's P/B Ratio of today is 1.29.

Canada Nickel Co Price-to-Tangible-Book Historical Data

The historical data trend for Canada Nickel Co'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.

Canada Nickel Co Price-to-Tangible-Book Chart

Canada Nickel Co Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Price-to-Tangible-Book

5.11

5.46

1.36

1.03

Canada Nickel Co Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial												1.65	1.30	1.16	1.03	1.31

Competitive Comparison of Canada Nickel Co's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Canada Nickel Co'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.

Canada Nickel Co's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Canada Nickel Co's Price-to-Tangible-Book falls into.

Canada Nickel Co Price-to-Tangible-Book Calculation

Canada Nickel Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	1.38	/	1.066
	=	1.29

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.

Canada Nickel Co Price-to-Tangible-Book Related Terms

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

Canada Nickel Co (TSXV:CNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canada Nickel Co Inc (TSXV:CNC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CNIKF:USA 4E0:Germany

Address

130 King Street West, Suite 1900, Toronto, ON, CAN, M5X1E3

Website

https://www.canadanickel.com

Canada Nickel Co Inc is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. The company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt, NetZero Iron and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions. The firm is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific - mining camp.

Executives