GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MAX Resource Corp (TSXV:MAX) » Definitions » Price-to-Tangible-Book

MAX Resource (TSXV:MAX) Price-to-Tangible-Book : 1.52 (As of May. 23, 2024)


View and export this data going back to 1994. Start your Free Trial

What is MAX Resource Price-to-Tangible-Book?

As of today (2024-05-23), MAX Resource's share price is C$0.15. MAX Resource's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.10. Hence, MAX Resource's Price to Tangible Book Ratio of today is 1.52.

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

TSXV:MAX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.16   Med: 6.9   Max: 27.5
Current: 1.5

During the past 13 years, MAX Resource's highest Price to Tangible Book Ratio was 27.50. The lowest was 1.16. And the median was 6.90.

TSXV:MAX's Price-to-Tangible-Book is ranked worse than
52.09% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.4 vs TSXV:MAX: 1.50

A closely related ratio is called PB Ratio. As of today, MAX Resource's share price is C$0.15. MAX Resource's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.10. Hence, MAX Resource's P/B Ratio of today is 1.52.


MAX Resource Price-to-Tangible-Book Historical Data

The historical data trend for MAX Resource'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.

MAX Resource Price-to-Tangible-Book Chart

MAX Resource Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.50 7.00 9.07 1.61 1.21

MAX Resource 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 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 1.61 1.17 0.96 1.43 1.21

Competitive Comparison of MAX Resource's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, MAX Resource'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.


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

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

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



MAX Resource Price-to-Tangible-Book Calculation

MAX Resource's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.15/0.099
=1.52

* 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.


MAX Resource Price-to-Tangible-Book Related Terms

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


MAX Resource (TSXV:MAX) Business Description

Traded in Other Exchanges
Address
1095 West Pender Street, Suite 1188, Vancouver, BC, CAN, V6E 2M6
MAX Resource Corp is a mineral exploration company advancing the newly discovered district-scale Cesar copper-silver project. Its Cesar project sits along with the Colombian portion of the largest producing copper belt (Andean belt), with infrastructure and the presence of global majors (Glencore and Chevron). The company holds a 100% interest in the RT Gold project in Peru. It has one operating segment which is the exploration of resource properties.