GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Richmont Mines Inc (NYSE:RIC) » Definitions » Price-to-Tangible-Book

Richmont Mines (Richmont Mines) Price-to-Tangible-Book : 3.34 (As of Apr. 25, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Richmont Mines Price-to-Tangible-Book?

As of today (2024-04-25), Richmont Mines's share price is $9.60. Richmont Mines's Tangible Book per Share of Sep. 2017 for the quarter that ended in Sep. 2017 was $2.88. Hence, Richmont Mines's Price to Tangible Book Ratio of today is 3.34.

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

RIC's Price-to-Tangible-Book is not ranked *
in the Metals & Mining industry.
Industry Median: 1.33
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Richmont Mines's share price is $9.60. Richmont Mines's Book Value per Sharefor the quarter that ended in Sep. 2017 was $2.88. Hence, Richmont Mines's P/B Ratio of today is 3.34.


Richmont Mines Price-to-Tangible-Book Historical Data

The historical data trend for Richmont Mines'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.

Richmont Mines Price-to-Tangible-Book Chart

Richmont Mines Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.49 1.63 1.67 2.71

Richmont Mines Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 4.13 2.71 2.88 2.97 3.30

Competitive Comparison of Richmont Mines's Price-to-Tangible-Book

For the Gold subindustry, Richmont Mines'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.


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

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

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



Richmont Mines Price-to-Tangible-Book Calculation

Richmont Mines's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2017 )
=9.60/2.876
=3.34

* 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.


Richmont Mines Price-to-Tangible-Book Related Terms

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


Richmont Mines (Richmont Mines) Business Description

Traded in Other Exchanges
N/A
Address
Richmont Mines Inc is a Canada-based gold producer. The company is involved in the gold production, mine development and mineral exploration. Its geographic segments consist of Quebec and Ontario. The company currently operates the Beaufor Mine and the Camflo Mill in Quebec. Richmont also produces gold from the Island Gold Mine in Ontario. The majority of the company's revenue is derived from gold sales and silver sales.

Richmont Mines (Richmont Mines) Headlines

From GuruFocus

Richmont Mines Reports Solid 1st Quarter Operating Results

By Alberto Abaterusso Alberto Abaterusso 04-14-2017