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Freeman Gold (TSXV:FMAN) Price-to-Tangible-Book : 0.56 (As of Jun. 03, 2024)


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What is Freeman Gold Price-to-Tangible-Book?

As of today (2024-06-03), Freeman Gold's share price is C$0.115. Freeman Gold's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was C$0.21. Hence, Freeman Gold's Price to Tangible Book Ratio of today is 0.56.

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

TSXV:FMAN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.41   Med: 2.36   Max: 9.84
Current: 0.55

During the past 6 years, Freeman Gold's highest Price to Tangible Book Ratio was 9.84. The lowest was 0.41. And the median was 2.36.

TSXV:FMAN's Price-to-Tangible-Book is ranked better than
80.68% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs TSXV:FMAN: 0.55

A closely related ratio is called PB Ratio. As of today, Freeman Gold's share price is C$0.115. Freeman Gold's Book Value per Sharefor the quarter that ended in Feb. 2024 was C$0.21. Hence, Freeman Gold's P/B Ratio of today is 0.56.


Freeman Gold Price-to-Tangible-Book Historical Data

The historical data trend for Freeman Gold'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.

Freeman Gold Price-to-Tangible-Book Chart

Freeman Gold Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Tangible-Book
Get a 7-Day Free Trial 8.68 2.94 2.34 0.99 0.59

Freeman Gold Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.02 0.98 0.58 0.59 0.41

Competitive Comparison of Freeman Gold's Price-to-Tangible-Book

For the Gold subindustry, Freeman Gold'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.


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

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

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



Freeman Gold Price-to-Tangible-Book Calculation

Freeman Gold's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=0.115/0.207
=0.56

* 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.


Freeman Gold Price-to-Tangible-Book Related Terms

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


Freeman Gold (TSXV:FMAN) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 1570, Vancouver, BC, CAN, V7X 1M5
Freeman Gold Corp is a Canada based mineral exploration and development company. The company primarily explores for gold. It is focused on the Lemhi gold project.
Executives
William Randall Senior Officer
Bassam Moubarak Director, Senior Officer

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