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Canadian Metals (XCNQ:CME) Price-to-Tangible-Book : 0.30 (As of Jun. 04, 2024)


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What is Canadian Metals Price-to-Tangible-Book?

As of today (2024-06-04), Canadian Metals's share price is C$0.11. Canadian Metals's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was C$0.36. Hence, Canadian Metals's Price to Tangible Book Ratio of today is 0.30.

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

XCNQ:CME' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.28   Med: 1.64   Max: 15.06
Current: 0.31

During the past 11 years, Canadian Metals's highest Price to Tangible Book Ratio was 15.06. The lowest was 0.28. And the median was 1.64.

XCNQ:CME's Price-to-Tangible-Book is ranked better than
94.01% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.37 vs XCNQ:CME: 0.31

A closely related ratio is called PB Ratio. As of today, Canadian Metals's share price is C$0.11. Canadian Metals's Book Value per Sharefor the quarter that ended in Jan. 2024 was C$0.36. Hence, Canadian Metals's P/B Ratio of today is 0.30.


Canadian Metals Price-to-Tangible-Book Historical Data

The historical data trend for Canadian Metals'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.

Canadian Metals Price-to-Tangible-Book Chart

Canadian Metals Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 0.42 1.53 0.74 0.54

Canadian Metals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.34 0.46 0.54 0.34 0.41

Competitive Comparison of Canadian Metals's Price-to-Tangible-Book

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


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

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

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



Canadian Metals Price-to-Tangible-Book Calculation

Canadian Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=0.11/0.364
=0.30

* 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.


Canadian Metals Price-to-Tangible-Book Related Terms

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


Canadian Metals (XCNQ:CME) Business Description

Traded in Other Exchanges
N/A
Address
1000 Sherbrooke Street West, Suite 2700, Montrea, QC, CAN, H3A3G4
Canadian Metals Inc is engaged in the acquisition, exploration, and evaluation of mineral properties in Quebec and New Brunswick. It is committed to the discovery and aggressive exploration of gold and base metal assets. Some of its properties include Lac La Chesnaye Property, Nicholas Deny's Project, Goldstrike Property, Oxford Property, Mountain Brook Property, and others.
Executives
Victor Cantore 10% Security Holder