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Millbank Mining (TSXV:MILL) Price-to-Tangible-Book : 3.13 (As of May. 30, 2024)


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What is Millbank Mining Price-to-Tangible-Book?

As of today (2024-05-30), Millbank Mining's share price is C$0.075. Millbank Mining's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was C$0.02. Hence, Millbank Mining's Price to Tangible Book Ratio of today is 3.13.

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

TSXV:MILL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.41   Med: 3.94   Max: 11.96
Current: 3.75

During the past 4 years, Millbank Mining's highest Price to Tangible Book Ratio was 11.96. The lowest was 2.41. And the median was 3.94.

TSXV:MILL's Price-to-Tangible-Book is ranked worse than
80.82% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs TSXV:MILL: 3.75

A closely related ratio is called PB Ratio. As of today, Millbank Mining's share price is C$0.075. Millbank Mining's Book Value per Sharefor the quarter that ended in Feb. 2024 was C$0.02. Hence, Millbank Mining's P/B Ratio of today is 3.13.


Millbank Mining Price-to-Tangible-Book Historical Data

The historical data trend for Millbank Mining'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.

Millbank Mining Price-to-Tangible-Book Chart

Millbank Mining Annual Data
Trend Nov20 Nov21 Nov22 Nov23
Price-to-Tangible-Book
- 11.96 3.29 2.88

Millbank Mining Quarterly Data
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 3.94 3.23 2.41 2.88 3.13

Competitive Comparison of Millbank Mining's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Millbank Mining'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.


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

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

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



Millbank Mining Price-to-Tangible-Book Calculation

Millbank Mining's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=0.075/0.024
=3.13

* 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.


Millbank Mining Price-to-Tangible-Book Related Terms

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


Millbank Mining (TSXV:MILL) Business Description

Traded in Other Exchanges
N/A
Address
905 West Pender Street, Suite 503, Vancouver, BC, CAN, V6C 1L6
Millbank Mining Corp is a mineral exploration company in British Columbia, Canada. It holds an interest in the Arthur Lake property located in the Lake District of British Columbia.

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