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Alerio Gold (XCNQ:ALE) Price-to-Tangible-Book : 0.06 (As of May. 29, 2024)


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

As of today (2024-05-29), Alerio Gold's share price is C$0.01. Alerio Gold's Tangible Book per Share of May. 2023 for the quarter that ended in May. 2023 was C$0.15. Hence, Alerio Gold's Price to Tangible Book Ratio of today is 0.06.

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

XCNQ:ALE's Price-to-Tangible-Book is not ranked *
in the Metals & Mining industry.
Industry Median: 1.395
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Alerio Gold's share price is C$0.01. Alerio Gold's Book Value per Sharefor the quarter that ended in May. 2023 was C$0.15. Hence, Alerio Gold's P/B Ratio of today is 0.06.


Alerio Gold Price-to-Tangible-Book Historical Data

The historical data trend for Alerio 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.

Alerio Gold Price-to-Tangible-Book Chart

Alerio Gold Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22
Price-to-Tangible-Book
- 11.18 11.36 4.46 0.45

Alerio Gold Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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 20.00 0.45 0.22 0.32 0.19

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

For the Other Industrial Metals & Mining subindustry, Alerio 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.


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

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

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



Alerio Gold Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: May. 2023 )
=0.01/0.154
=0.06

* 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.


Alerio Gold Price-to-Tangible-Book Related Terms

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


Alerio Gold (XCNQ:ALE) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 459, Vancouver, BC, CAN, V6C 1T2
Alerio Gold Corp is a mineral exploration and development company engaged in acquiring, exploring, and developing natural resource properties, with a focus in Guyana, South America. The company currently has 100% interest in two gold properties located in Guyana the Tassawini Property, the Puruni gold Project, and the Harpy Property.
Executives
Chatradharee Mohan 10% Security Holder