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White Gold (TSXV:WGO) Price-to-Tangible-Book : 0.56 (As of May. 23, 2024)


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

As of today (2024-05-23), White Gold's share price is C$0.38. White Gold's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.68. Hence, White Gold's Price to Tangible Book Ratio of today is 0.56.

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

TSXV:WGO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4   Med: 1.4   Max: 2.86
Current: 0.56

During the past 13 years, White Gold's highest Price to Tangible Book Ratio was 2.86. The lowest was 0.40. And the median was 1.40.

TSXV:WGO's Price-to-Tangible-Book is ranked better than
80.8% of 2219 companies
in the Metals & Mining industry
Industry Median: 1.39 vs TSXV:WGO: 0.56

A closely related ratio is called PB Ratio. As of today, White Gold's share price is C$0.38. White Gold's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.68. Hence, White Gold's P/B Ratio of today is 0.56.


White Gold Price-to-Tangible-Book Historical Data

The historical data trend for White 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.

White Gold Price-to-Tangible-Book Chart

White Gold 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 1.40 0.98 0.99 0.58 0.40

White Gold 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 0.58 0.48 0.45 0.35 0.40

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

For the Gold subindustry, White 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.


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

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

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



White Gold Price-to-Tangible-Book Calculation

White 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 )
=0.38/0.682
=0.56

* 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.


White Gold Price-to-Tangible-Book Related Terms

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


White Gold (TSXV:WGO) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
White Gold Corp is in the business of acquiring and exploring mineral properties. The company owned several properties in the Yukon's White Gold District in Canada. Its exploration properties include White Gold Property, Sixty Mile, Klondike, Money and White Stewart, Coffee Trend East, Coffee Trend West, and Beaver Creek.