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Rhyolite Resources (Rhyolite Resources) Price-to-Tangible-Book : 3.16 (As of May. 19, 2024)


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

As of today (2024-05-19), Rhyolite Resources's share price is $0.1391. Rhyolite Resources's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.04. Hence, Rhyolite Resources's Price to Tangible Book Ratio of today is 3.16.

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

RHRYF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.78   Med: 4.79   Max: 23
Current: 1.25

During the past 13 years, Rhyolite Resources's highest Price to Tangible Book Ratio was 23.00. The lowest was 0.78. And the median was 4.79.

RHRYF's Price-to-Tangible-Book is ranked better than
53.55% of 2226 companies
in the Metals & Mining industry
Industry Median: 1.365 vs RHRYF: 1.25

A closely related ratio is called PB Ratio. As of today, Rhyolite Resources's share price is $0.1391. Rhyolite Resources's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.04. Hence, Rhyolite Resources's P/B Ratio of today is 3.16.


Rhyolite Resources Price-to-Tangible-Book Historical Data

The historical data trend for Rhyolite 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.

Rhyolite Resources Price-to-Tangible-Book Chart

Rhyolite Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5.91 4.89 -

Rhyolite Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.02 2.96 3.16 - -

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

For the Gold subindustry, Rhyolite 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.


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

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

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



Rhyolite Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.1391/0.044
=3.16

* 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.


Rhyolite Resources Price-to-Tangible-Book Related Terms

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


Rhyolite Resources (Rhyolite Resources) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 620, Three Bentall Centre, Vancouver, BC, CAN, V6E 3V6
Rhyolite Resources Ltd is a Canada-based exploration company. It is engaged in the acquisition and exploration of mineral properties in the United States. The company focuses on the Paxson Project in Alaska and an option to earn up to interest in the Brothers Project in Suriname.

Rhyolite Resources (Rhyolite Resources) Headlines

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