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GoGold Resources (STU:GGD) Price-to-Tangible-Book : 1.22 (As of May. 13, 2024)


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

As of today (2024-05-13), GoGold Resources's share price is €0.9685. GoGold Resources's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €0.80. Hence, GoGold Resources's Price to Tangible Book Ratio of today is 1.22.

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

STU:GGD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.41   Med: 1.47   Max: 3.38
Current: 1.29

During the past 13 years, GoGold Resources's highest Price to Tangible Book Ratio was 3.38. The lowest was 0.41. And the median was 1.47.

STU:GGD's Price-to-Tangible-Book is ranked better than
51.75% of 2232 companies
in the Metals & Mining industry
Industry Median: 1.35 vs STU:GGD: 1.29

A closely related ratio is called PB Ratio. As of today, GoGold Resources's share price is €0.9685. GoGold Resources's Book Value per Sharefor the quarter that ended in Mar. 2024 was €0.80. Hence, GoGold Resources's P/B Ratio of today is 1.22.


GoGold Resources Price-to-Tangible-Book Historical Data

The historical data trend for GoGold 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.

GoGold Resources Price-to-Tangible-Book Chart

GoGold Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.71 2.93 1.33 1.09

GoGold 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 1.76 1.24 1.09 1.16 -

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

For the Other Precious Metals & Mining subindustry, GoGold 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.


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

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

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



GoGold Resources Price-to-Tangible-Book Calculation

GoGold 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 )
=0.9685/0.796
=1.22

* 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.


GoGold Resources Price-to-Tangible-Book Related Terms

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


GoGold Resources (STU:GGD) Business Description

Traded in Other Exchanges
Address
2000 Barrington Street, Suite 1301, Cogswell Tower, Halifax, NS, CAN, B3J 3K1
GoGold Resources Inc is a Canadian-based company engaged in the business of exploration, development, and production of gold, copper and silver. It operates in two segments: Mexico, which accounts for the majority of revenue; and Canada. Its Mexico segment consists of the Parral project and the Los Ricos project and the Corporation's corporate offices as the Canadian segment.

GoGold Resources (STU:GGD) Headlines

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