Red River Resources (ASX:RVR) Price-to-Tangible-Book : 0.59 (As of Jun. 08, 2024)

View and export this data going back to 2005. Start your Free Trial

What is Red River Resources Price-to-Tangible-Book?

As of today (2024-06-08), Red River Resources's share price is A$0.073. Red River Resources's Tangible Book per Share of Jun. 2022 for the quarter that ended in Jun. 2022 was A$0.12. Hence, Red River Resources's Price to Tangible Book Ratio of today is 0.59.

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

ASX:RVR's Price-to-Tangible-Book is not ranked ^*
in the Metals & Mining industry.
Industry Median: 1.355
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Red River Resources's share price is A$0.073. Red River Resources's Book Value per Sharefor the quarter that ended in Jun. 2022 was A$0.12. Hence, Red River Resources's P/B Ratio of today is 0.59.

Red River Resources Price-to-Tangible-Book Historical Data

The historical data trend for Red River 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.

Red River Resources Price-to-Tangible-Book Chart

Red River Resources Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.55

1.49

0.77

1.74

1.26

Red River Resources Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.77	2.24	1.74	1.60	1.26

Competitive Comparison of Red River Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Red River 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.

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

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

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

Red River Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2022 )
	=	0.073	/	0.123
	=	0.59

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.

Red River Resources Price-to-Tangible-Book Related Terms

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

Red River Resources (ASX:RVR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

18144 Flinders Highway, Thalanga Mine, Charters Towers, QLD, AUS, 4820

Website

https://www.redriverresources.com.au

Red River Resources Ltd is seeking to build a multi-asset operating business focused on base and precious metals with the objective of delivering prosperity through lean and clever resource development. Its foundation asset is the Thalanga Base Metal Operation in Northern Queensland, where the company commenced copper, lead and zinc concentrate production in September 2017. It has acquired the high-grade Hillgrove Gold Project in New South Wales, which will enable the company to build a multi-asset operating business focused on base and precious metals. The company operates only in the industry of exploration for and development of minerals in Australia.