Mayfair Gold (TSXV:MFG) Price-to-Tangible-Book : 8.34 (As of May. 14, 2024)

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

As of today (2024-05-14), Mayfair Gold's share price is C$2.16. Mayfair Gold's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.26. Hence, Mayfair Gold's Price to Tangible Book Ratio of today is 8.34.

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

TSXV:MFG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.9 Med: 6.3 Max: 9.61
Current: 8.31

During the past 5 years, Mayfair Gold's highest Price to Tangible Book Ratio was 9.61. The lowest was 2.90. And the median was 6.30.

TSXV:MFG's Price-to-Tangible-Book is ranked worse than
93.1% of 2232 companies
in the Metals & Mining industry
Industry Median: 1.335 vs TSXV:MFG: 8.31

A closely related ratio is called PB Ratio. As of today, Mayfair Gold's share price is C$2.16. Mayfair Gold's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.26. Hence, Mayfair Gold's P/B Ratio of today is 8.34.

Mayfair Gold Price-to-Tangible-Book Historical Data

The historical data trend for Mayfair 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.

Mayfair Gold Price-to-Tangible-Book Chart

Mayfair Gold Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.90

6.30

9.61

Mayfair Gold Quarterly Data
	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial											6.30	8.15	9.96	11.15	9.61

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

For the Gold subindustry, Mayfair 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.

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

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

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

Mayfair Gold Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.16	/	0.259
	=	8.34

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.

Mayfair Gold Price-to-Tangible-Book Related Terms

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

Mayfair Gold (TSXV:MFG) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

MFGCF:USA

Address

489 MacDougal Street, Matheson, ON, CAN, P0K 1N0

Website

https://www.mayfairgold.ca

Mayfair Gold Corp is a mineral exploration company that is engaged in the acquisition and exploration of mineral properties. It has one material mineral property, the Fenn-Gib Property, located in the Guibord, Munro, Michaud, and McCool Townships in northeast Ontario, which is in the exploration stage. The Company has one operating segment, which is defined as an exploration and development unit in Canada.

Executives