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Freegold Ventures (TSX:FVL) Price-to-Tangible-Book : 1.61 (As of Apr. 29, 2024)


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What is Freegold Ventures Price-to-Tangible-Book?

As of today (2024-04-29), Freegold Ventures's share price is C$0.46. Freegold Ventures's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.29. Hence, Freegold Ventures's Price to Tangible Book Ratio of today is 1.61.

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

TSX:FVL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.17   Med: 0.37   Max: 2.81
Current: 1.59

During the past 13 years, Freegold Ventures's highest Price to Tangible Book Ratio was 2.81. The lowest was 0.17. And the median was 0.37.

TSX:FVL's Price-to-Tangible-Book is ranked worse than
56.21% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSX:FVL: 1.59

A closely related ratio is called PB Ratio. As of today, Freegold Ventures's share price is C$0.46. Freegold Ventures's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.29. Hence, Freegold Ventures's P/B Ratio of today is 1.61.


Freegold Ventures Price-to-Tangible-Book Historical Data

The historical data trend for Freegold Ventures'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.

Freegold Ventures Price-to-Tangible-Book Chart

Freegold Ventures Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 2.81 1.38 1.61 1.82

Freegold Ventures 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 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 1.61 1.44 1.49 1.31 1.82

Competitive Comparison of Freegold Ventures's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Freegold Ventures'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.


Freegold Ventures's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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



Freegold Ventures Price-to-Tangible-Book Calculation

Freegold Ventures's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.46/0.285
=1.61

* 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.


Freegold Ventures Price-to-Tangible-Book Related Terms

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


Freegold Ventures (TSX:FVL) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 888, P.O. Box 10351, Vancouver, BC, CAN, V7Y 1G5
Freegold Ventures Ltd is an exploration-stage company. It is engaged in the process of acquiring, exploring, and developing precious and base metal properties. The company's projects include Golden Summit and Shorty Creek in Alaska.

Freegold Ventures (TSX:FVL) Headlines

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