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Cornish Metals (TSXV:CUSN) Price-to-Tangible-Book : 1.04 (As of May. 06, 2024)


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What is Cornish Metals Price-to-Tangible-Book?

As of today (2024-05-06), Cornish Metals's share price is C$0.175. Cornish Metals's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was C$0.17. Hence, Cornish Metals's Price to Tangible Book Ratio of today is 1.04.

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

TSXV:CUSN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.56   Med: 1.65   Max: 6.94
Current: 1.03

During the past 13 years, Cornish Metals's highest Price to Tangible Book Ratio was 6.94. The lowest was 0.56. And the median was 1.65.

TSXV:CUSN's Price-to-Tangible-Book is ranked better than
59.89% of 2234 companies
in the Metals & Mining industry
Industry Median: 1.305 vs TSXV:CUSN: 1.03

A closely related ratio is called PB Ratio. As of today, Cornish Metals's share price is C$0.175. Cornish Metals's Book Value per Sharefor the quarter that ended in Oct. 2023 was C$0.17. Hence, Cornish Metals's P/B Ratio of today is 1.04.


Cornish Metals Price-to-Tangible-Book Historical Data

The historical data trend for Cornish 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.

Cornish Metals Price-to-Tangible-Book Chart

Cornish Metals Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 1.43 0.56 3.04 6.94

Cornish Metals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 Premium Member Only 1.54 1.57 1.29 1.28 1.09

Competitive Comparison of Cornish Metals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Cornish 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.


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

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

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



Cornish Metals Price-to-Tangible-Book Calculation

Cornish Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=0.175/0.169
=1.04

* 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.


Cornish Metals Price-to-Tangible-Book Related Terms

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


Cornish Metals (TSXV:CUSN) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 960, Vancouver, BC, CAN, V6C 1H2
Cornish Metals Inc is building a portfolio of strategic metals assets in North America and the United Kingdom, and its flagship project is the past-producing South Crofty underground tin mine in Cornwall, UK. South Crofty is arguably the important historical tin mine in the UK and hosts the highest grade tin resources world wide. The project has the potential to be a high-grade tin producer in Europe.

Cornish Metals (TSXV:CUSN) Headlines

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