MAG Silver (MAG Silver) Price-to-Tangible-Book

: 2.38 (As of Today)

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As of today (2024-04-16), MAG Silver's share price is $11.69. MAG Silver's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.92. Hence, MAG Silver's Price to Tangible Book Ratio of today is 2.38.

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

MAG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.09 Med: 3.98 Max: 6.09
Current: 2.45

During the past 13 years, MAG Silver's highest Price to Tangible Book Ratio was 6.09. The lowest was 2.09. And the median was 3.98.

MAG's Price-to-Tangible-Book is ranked worse than
71.58% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.36 vs MAG: 2.45

A closely related ratio is called PB Ratio. As of today, MAG Silver's share price is $11.69. MAG Silver's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.92. Hence, MAG Silver's P/B Ratio of today is 2.38.

MAG Silver Price-to-Tangible-Book Historical Data

The historical data trend for MAG Silver'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.

MAG Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

4.76

6.14

4.17

3.85

2.12

MAG Silver Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																3.85	2.83	2.39	2.18	2.12

Competitive Comparison

For the Silver subindustry, MAG Silver'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.

MAG Silver Price-to-Tangible-Book Distribution

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

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

MAG Silver Price-to-Tangible-Book Calculation

MAG Silver's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	11.69	/	4.921
	=	2.38

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.

MAG Silver Price-to-Tangible-Book Related Terms

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

MAG Silver (MAG Silver) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MAG Silver Corp (AMEX:MAG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MQ8:Germany MQ8:Germany MAG:Canada

Address

800 West Pender Street, Suite 770, Vancouver, BC, CAN, V6C 2V6

Website

https://www.magsilver.com

MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in prloject in Utah.