CGN Resources (ASX:CGR) Price-to-Tangible-Book : 3.68 (As of Apr. 29, 2024)

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

As of today (2024-04-29), CGN Resources's share price is A$0.335. CGN Resources's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was A$0.09. Hence, CGN Resources's Price to Tangible Book Ratio of today is 3.68.

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

ASX:CGR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.72
Current: 3.72

During the past 3 years, CGN Resources's highest Price to Tangible Book Ratio was 3.72. The lowest was 0.00. And the median was 0.00.

ASX:CGR's Price-to-Tangible-Book is ranked worse than
79.54% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.33 vs ASX:CGR: 3.72

A closely related ratio is called PB Ratio. As of today, CGN Resources's share price is A$0.335. CGN Resources's Book Value per Sharefor the quarter that ended in Jun. 2023 was A$0.09. Hence, CGN Resources's P/B Ratio of today is 3.68.

CGN Resources Price-to-Tangible-Book Historical Data

The historical data trend for CGN 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.

CGN Resources Price-to-Tangible-Book Chart

CGN Resources Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

CGN Resources Semi-Annual Data
	Jun21	Jun22	Jun23
Price-to-Tangible-Book	-	-	-

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

For the Other Industrial Metals & Mining subindustry, CGN 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.

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

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

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

CGN Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.335	/	0.091
	=	3.68

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.

CGN Resources Price-to-Tangible-Book Related Terms

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

CGN Resources (ASX:CGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CGN Resources Ltd (ASX:CGR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Richardson Street, Suite 4, Perth, WA, AUS, 6005

Website

https://www.cgnresources.com.au

CGN Resources Ltd is an exploration-focused mining company targeting copper, nickel, and specialty metals in Western Australia's West Arunta Region. The Company's main objective is to provide a return to Shareholders through the successful exploration, discovery and development of high value base and precious metal resources.

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