Talon Metals (TSX:TLO) Price-to-Tangible-Book : 0.69 (As of May. 01, 2024)

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What is Talon Metals Price-to-Tangible-Book?

As of today (2024-05-01), Talon Metals's share price is C$0.17. Talon Metals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.25. Hence, Talon Metals's Price to Tangible Book Ratio of today is 0.69.

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

TSX:TLO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48 Med: 1.27 Max: 4.21
Current: 0.68

During the past 13 years, Talon Metals's highest Price to Tangible Book Ratio was 4.21. The lowest was 0.48. And the median was 1.27.

TSX:TLO's Price-to-Tangible-Book is ranked better than
73.77% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.325 vs TSX:TLO: 0.68

A closely related ratio is called PB Ratio. As of today, Talon Metals's share price is C$0.17. Talon Metals's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.25. Hence, Talon Metals's P/B Ratio of today is 0.69.

Talon Metals Price-to-Tangible-Book Historical Data

The historical data trend for Talon Metals'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.

Talon Metals Price-to-Tangible-Book Chart

Talon Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.33

4.21

3.51

1.98

0.73

Talon Metals 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															1.98	1.43	1.43	1.13	0.73

Competitive Comparison of Talon Metals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Talon Metals'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.

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

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

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

Talon Metals Price-to-Tangible-Book Calculation

Talon Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.17	/	0.248
	=	0.69

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.

Talon Metals Price-to-Tangible-Book Related Terms

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

Talon Metals (TSX:TLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Talon Metals Corp (TSX:TLO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TLOFF:USA TAO:Germany

Address

Craigmuir Chambers, P.O. Box 71, Road Town, Tortola, VGB

Website

https://www.talonmetals.com

Talon Metals Corp is a base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. The Tamarack Nickel Project comprises a large land position with additional high-grade intercepts outside the current resource area. Talon is focused on expanding and infilling its current high-grade nickel mineralization resource prepared in accordance with NI 43-101 to shape a mine plan for submission to Minnesota regulators and following up on additional high-grade nickel mineralization in the Tamarack Intrusive Complex.