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Thesis Gold (TSXV:TAU) Price-to-Tangible-Book : 0.72 (As of May. 07, 2024)


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

As of today (2024-05-07), Thesis Gold's share price is C$0.68. Thesis Gold's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was C$0.94. Hence, Thesis Gold's Price to Tangible Book Ratio of today is 0.72.

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

TSXV:TAU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.57   Med: 2.46   Max: 13.93
Current: 0.72

During the past 12 years, Thesis Gold's highest Price to Tangible Book Ratio was 13.93. The lowest was 0.57. And the median was 2.46.

TSXV:TAU's Price-to-Tangible-Book is ranked better than
72.19% of 2233 companies
in the Metals & Mining industry
Industry Median: 1.31 vs TSXV:TAU: 0.72

A closely related ratio is called PB Ratio. As of today, Thesis Gold's share price is C$0.68. Thesis Gold's Book Value per Sharefor the quarter that ended in Nov. 2023 was C$0.94. Hence, Thesis Gold's P/B Ratio of today is 0.72.


Thesis Gold Price-to-Tangible-Book Historical Data

The historical data trend for Thesis 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.

Thesis Gold Price-to-Tangible-Book Chart

Thesis Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.95 1.57 2.54 2.31 0.82

Thesis Gold Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.85 0.82 0.79 0.97 0.57

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

For the Other Industrial Metals & Mining subindustry, Thesis 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.


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

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

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



Thesis Gold Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=0.68/0.94
=0.72

* 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.


Thesis Gold Price-to-Tangible-Book Related Terms

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


Thesis Gold (TSXV:TAU) Business Description

Traded in Other Exchanges
Address
10545-45 Avenue NW, 250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9
Thesis Gold Inc Formerly Benchmark Metals Inc is a gold and silver company advancing its 100% owned Lawyer's Gold-Silver Project located in the Golden Horseshoe of northern British Columbia, Canada. The project consists of three mineralized deposits that remain open for expansion, in addition to plus 20 new target areas along the 20-kilometre trend.

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