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MinRex Resources (ASX:MRR) Price-to-Tangible-Book : 0.79 (As of May. 25, 2024)


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

As of today (2024-05-25), MinRex Resources's share price is A$0.011. MinRex Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.01. Hence, MinRex Resources's Price to Tangible Book Ratio of today is 0.79.

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

ASX:MRR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.16   Med: 1.25   Max: 3.11
Current: 1.1

During the past 11 years, MinRex Resources's highest Price to Tangible Book Ratio was 3.11. The lowest was 0.16. And the median was 1.25.

ASX:MRR's Price-to-Tangible-Book is ranked better than
59.03% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:MRR: 1.10

A closely related ratio is called PB Ratio. As of today, MinRex Resources's share price is A$0.011. MinRex Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.01. Hence, MinRex Resources's P/B Ratio of today is 0.79.


MinRex Resources Price-to-Tangible-Book Historical Data

The historical data trend for MinRex 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.

MinRex Resources Price-to-Tangible-Book Chart

MinRex Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.33 0.90 0.97 0.82

MinRex Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.05 0.97 1.28 0.82 1.21

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

For the Other Industrial Metals & Mining subindustry, MinRex 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.


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

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

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



MinRex Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.011/0.014
=0.79

* 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.


MinRex Resources Price-to-Tangible-Book Related Terms

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


MinRex Resources (ASX:MRR) Business Description

Traded in Other Exchanges
Address
7 Havelock Street, Level 2, Perth, WA, AUS, 6005
MinRex Resources Ltd is an exploration company focused on the exploration of gold and base metal projects in Western Australia. It currently holds five projects, four in the East Pilbara area of WA - the Daltons Gold Project, the Bamboo Creek Gold Project, the Marble Bar North Gold Project and the Marble Bar South Gold Project; as well as the Deflector Extended Gold Project at Gullewa in Western Australia.

MinRex Resources (ASX:MRR) Headlines

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