King Global Ventures (TSXV:KING) Price-to-Tangible-Book : 23.57 (As of May. 15, 2024)

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What is King Global Ventures Price-to-Tangible-Book?

As of today (2024-05-15), King Global Ventures's share price is C$0.33. King Global Ventures's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.01. Hence, King Global Ventures's Price to Tangible Book Ratio of today is 23.57.

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

TSXV:KING' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.61 Med: 2.47 Max: 33
Current: 33

During the past 13 years, King Global Ventures's highest Price to Tangible Book Ratio was 33.00. The lowest was 0.61. And the median was 2.47.

TSXV:KING's Price-to-Tangible-Book is ranked worse than
99.1% of 2229 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSXV:KING: 33.00

A closely related ratio is called PB Ratio. As of today, King Global Ventures's share price is C$0.33. King Global Ventures's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.01. Hence, King Global Ventures's P/B Ratio of today is 23.57.

King Global Ventures Price-to-Tangible-Book Historical Data

The historical data trend for King Global Ventures'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.

King Global Ventures Price-to-Tangible-Book Chart

King Global Ventures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.61

14.80

3.54

19.64

King Global Ventures 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															-	-	7.69	4.92	19.64

Competitive Comparison of King Global Ventures's Price-to-Tangible-Book

For the Gold subindustry, King Global Ventures'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.

King Global Ventures's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where King Global Ventures's Price-to-Tangible-Book falls into.

King Global Ventures Price-to-Tangible-Book Calculation

King Global Ventures's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.33	/	0.014
	=	23.57

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.

King Global Ventures Price-to-Tangible-Book Related Terms

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

King Global Ventures (TSXV:KING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » King Global Ventures Inc (TSXV:KING) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

KGLDF:USA

Address

82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1

Website

https://www.kingtsxv.com

King Global Ventures Incny is a junior prospecting and natural resource company, focused on growing exploration and mineral assets to build shareholder value. The Company's properties are located in Newfoundland and Quebec, Canada and Nicaragua.