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1844 Resources (FRA:2GSB) Price-to-Tangible-Book : 4.69 (As of May. 13, 2024)


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What is 1844 Resources Price-to-Tangible-Book?

As of today (2024-05-13), 1844 Resources's share price is €0.0375. 1844 Resources's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was €0.01. Hence, 1844 Resources's Price to Tangible Book Ratio of today is 4.69.

The historical rank and industry rank for 1844 Resources's Price-to-Tangible-Book or its related term are showing as below:

FRA:2GSB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29   Med: 2.25   Max: 6.92
Current: 1.25

During the past 13 years, 1844 Resources's highest Price to Tangible Book Ratio was 6.92. The lowest was 0.29. And the median was 2.25.

FRA:2GSB's Price-to-Tangible-Book is ranked worse than
53.36% of 2232 companies
in the Metals & Mining industry
Industry Median: 1.35 vs FRA:2GSB: 1.25

A closely related ratio is called PB Ratio. As of today, 1844 Resources's share price is €0.0375. 1844 Resources's Book Value per Sharefor the quarter that ended in Jan. 2024 was €0.01. Hence, 1844 Resources's P/B Ratio of today is 4.69.


1844 Resources Price-to-Tangible-Book Historical Data

The historical data trend for 1844 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.

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1844 Resources Price-to-Tangible-Book Chart

1844 Resources Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Price-to-Tangible-Book
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1844 Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of 1844 Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, 1844 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.


1844 Resources's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 1844 Resources's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where 1844 Resources's Price-to-Tangible-Book falls into.



1844 Resources Price-to-Tangible-Book Calculation

1844 Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=0.0375/0.008
=4.69

* 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.


1844 Resources Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of 1844 Resources's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


1844 Resources (FRA:2GSB) Business Description

Traded in Other Exchanges
Address
224 - 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
1844 Resources Inc is engaged in the identification, exploration, and development of mineral properties with a focus on grossly underexplored regions of Gaspe and Chibougamau Quebec. The company's exploration properties include the Vortex, Davidson, Native Copper, and Lac Arsenault.

1844 Resources (FRA:2GSB) Headlines

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