Sherritt International (Sherritt International) Price-to-Tangible-Book

: 0.24 (As of Today)

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As of today (2024-04-18), Sherritt International's share price is $0.269. Sherritt International's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.14. Hence, Sherritt International's Price to Tangible Book Ratio of today is 0.24.

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

SHERF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.11 Med: 0.28 Max: 0.54
Current: 0.22

During the past 13 years, Sherritt International's highest Price to Tangible Book Ratio was 0.54. The lowest was 0.11. And the median was 0.28.

SHERF's Price-to-Tangible-Book is ranked better than
97.54% of 2234 companies
in the Metals & Mining industry
Industry Median: 1.335 vs SHERF: 0.22

A closely related ratio is called PB Ratio. As of today, Sherritt International's share price is $0.269. Sherritt International's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.15. Hence, Sherritt International's P/B Ratio of today is 0.23.

Sherritt International Price-to-Tangible-Book Historical Data

The historical data trend for Sherritt International'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.

Sherritt International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.11

0.28

0.29

0.19

Sherritt International 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																0.29	0.33	0.29	0.25	0.19

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Sherritt International'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.

Sherritt International Price-to-Tangible-Book Distribution

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

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

Sherritt International Price-to-Tangible-Book Calculation

Sherritt International's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.269	/	1.138
	=	0.24

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.

Sherritt International Price-to-Tangible-Book Related Terms

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

Sherritt International (Sherritt International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sherritt International Corp (OTCPK:SHERF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

HRT:Germany S:Canada

Address

22 Adelaide Street West, Suite 4220, Toronto, ON, CAN, M5H 4E3

Website

https://www.sherritt.com

Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, and North America. Its segment includes Moa JV and Fort site, Metals Other, Power, Technologies and Corporate. The Moa JV and Fort site segment includes the mining, processing, and refining of nickel and cobalt. Metals Other segment is comprised of buying, marketing and selling certain of Moa Joint Venture's nickel and cobalt production. Its Power segment constructs and operates an electricity generating plant whereas The Technologies and Corporate segment consist of the metallurgical technology business and general corporate activities.