Radio Fuels Energy (XCNQ:CAKE) Price-to-Tangible-Book : 1.34 (As of May. 22, 2024)

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What is Radio Fuels Energy Price-to-Tangible-Book?

As of today (2024-05-22), Radio Fuels Energy's share price is C$0.16. Radio Fuels Energy's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was C$0.12. Hence, Radio Fuels Energy's Price to Tangible Book Ratio of today is 1.34.

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

XCNQ:CAKE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.38 Med: 0.69 Max: 1.43
Current: 1.33

During the past 4 years, Radio Fuels Energy's highest Price to Tangible Book Ratio was 1.43. The lowest was 0.38. And the median was 0.69.

XCNQ:CAKE's Price-to-Tangible-Book is ranked better than
59.63% of 161 companies
in the Other Energy Sources industry
Industry Median: 1.69 vs XCNQ:CAKE: 1.33

A closely related ratio is called PB Ratio. As of today, Radio Fuels Energy's share price is C$0.16. Radio Fuels Energy's Book Value per Sharefor the quarter that ended in Feb. 2024 was C$0.12. Hence, Radio Fuels Energy's P/B Ratio of today is 1.34.

Radio Fuels Energy Price-to-Tangible-Book Historical Data

The historical data trend for Radio Fuels Energy'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.

Radio Fuels Energy Price-to-Tangible-Book Chart

Radio Fuels Energy Annual Data

Trend

Nov20

Nov21

Nov22

Nov23

Price-to-Tangible-Book

0.38

1.07

Radio Fuels Energy Quarterly Data
	Feb20	May20	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												0.43	0.43	1.18	1.07	1.43

Competitive Comparison of Radio Fuels Energy's Price-to-Tangible-Book

For the Uranium subindustry, Radio Fuels Energy'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.

Radio Fuels Energy's Price-to-Tangible-Book Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Radio Fuels Energy's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Radio Fuels Energy's Price-to-Tangible-Book falls into.

Radio Fuels Energy Price-to-Tangible-Book Calculation

Radio Fuels Energy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2024 )
	=	0.16	/	0.119
	=	1.34

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.

Radio Fuels Energy Price-to-Tangible-Book Related Terms

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

Radio Fuels Energy (XCNQ:CAKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Radio Fuels Energy Corp (XCNQ:CAKE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CKEFF:USA

Address

217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website

https://www.radiofuels.ca

Radio Fuels Energy Corp is a mineral resource company in the development stage that is engaged in the acquisition of interests and in the exploration of, mineral resource properties. Radio Fuel's flagship property is owned by Eco Ridge Project located in Elliot Lake pounds of uranium oxide were mined from conglomerate beds by Rio Algom and Denison Mines.

Executives

Philip O'neill

Director, Senior Officer