Trojan Gold (XCNQ:TGII) Price-to-Tangible-Book : 3.64 (As of Jun. 04, 2024)

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

As of today (2024-06-04), Trojan Gold's share price is C$0.04. Trojan Gold's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.01. Hence, Trojan Gold's Price to Tangible Book Ratio of today is 3.64.

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

XCNQ:TGII' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.27 Med: 3.26 Max: 7.35
Current: 4

During the past 4 years, Trojan Gold's highest Price to Tangible Book Ratio was 7.35. The lowest was 2.27. And the median was 3.26.

XCNQ:TGII's Price-to-Tangible-Book is ranked worse than
82.22% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs XCNQ:TGII: 4.00

A closely related ratio is called PB Ratio. As of today, Trojan Gold's share price is C$0.04. Trojan Gold's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.01. Hence, Trojan Gold's P/B Ratio of today is 3.64.

Trojan Gold Price-to-Tangible-Book Historical Data

The historical data trend for Trojan 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.

Trojan Gold Price-to-Tangible-Book Chart

Trojan Gold Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

7.35

3.26

2.27

Trojan Gold Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial								3.26	3.41	4.50	2.63	2.27

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

For the Gold subindustry, Trojan 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.

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

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

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

Trojan Gold Price-to-Tangible-Book Calculation

Trojan 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 )
	=	0.04	/	0.011
	=	3.64

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.

Trojan Gold Price-to-Tangible-Book Related Terms

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

Trojan Gold (XCNQ:TGII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trojan Gold Inc (XCNQ:TGII) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

82 Richmond Street East, Suite 401, Toronto, ON, CAN, M5C 1P1

Website

https://www.trojangold.com

Trojan Gold Inc is a mineral resource company engaged in the acquisition and exploration of mineral resource properties in Canada and the Dominican Republic. Its objective is to locate, explore and develop precious metals, focusing initially on the exploration and development of the Hemlo South Project, located in Ontario.

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