Demesne Resources (XCNQ:DEME) Price-to-Tangible-Book : 7.50 (As of May. 31, 2024)

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What is Demesne Resources Price-to-Tangible-Book?

As of today (2024-05-31), Demesne Resources's share price is C$0.03. Demesne Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.00. Hence, Demesne Resources's Price to Tangible Book Ratio of today is 7.50.

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

During the past 4 years, Demesne Resources's highest Price to Tangible Book Ratio was 12.50. The lowest was 7.50. And the median was 12.50.

XCNQ:DEME's Price-to-Tangible-Book is not ranked ^*
in the Metals & Mining industry.
Industry Median: 1.38
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Demesne Resources's share price is C$0.03. Demesne Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.00. Hence, Demesne Resources's P/B Ratio of today is 7.50.

Demesne Resources Price-to-Tangible-Book Historical Data

The historical data trend for Demesne Resources'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.

Demesne Resources Price-to-Tangible-Book Chart

Demesne Resources Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

12.50

Demesne Resources Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial				-	-	-	21.25	12.50

Competitive Comparison of Demesne Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Demesne Resources'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.

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

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

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

Demesne Resources Price-to-Tangible-Book Calculation

Demesne Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.03	/	0.004
	=	7.50

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.

Demesne Resources Price-to-Tangible-Book Related Terms

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

Demesne Resources (XCNQ:DEME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Demesne Resources Ltd (XCNQ:DEME) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

335 - 1632 Dickson Avenue, Kelowna, BC, CAN, V1Y 7T2

Website

Demesne Resources Ltd is engaged in the acquisition, exploration, and evaluation of mineral property. The principal business is the acquisition and exploration of magnetite mineral properties, with a focus on mineral properties located in British Columbia. It holds an interest in Star Project. It has one reportable operating segment, being the acquisition and exploration of mineral properties in Canada.

Demesne Resources (XCNQ:DEME) Headlines

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