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Signal Gold (TSX:SGNL) Price-to-Tangible-Book : 0.35 (As of May. 11, 2024)


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What is Signal Gold Price-to-Tangible-Book?

As of today (2024-05-11), Signal Gold's share price is C$0.10. Signal Gold's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was C$0.29. Hence, Signal Gold's Price to Tangible Book Ratio of today is 0.35.

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

TSX:SGNL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26   Med: 0.7   Max: 2.32
Current: 0.35

During the past 13 years, Signal Gold's highest Price to Tangible Book Ratio was 2.32. The lowest was 0.26. And the median was 0.70.

TSX:SGNL's Price-to-Tangible-Book is ranked better than
92.42% of 2230 companies
in the Metals & Mining industry
Industry Median: 1.35 vs TSX:SGNL: 0.35

A closely related ratio is called PB Ratio. As of today, Signal Gold's share price is C$0.10. Signal Gold's Book Value per Sharefor the quarter that ended in Sep. 2023 was C$0.29. Hence, Signal Gold's P/B Ratio of today is 0.35.


Signal Gold Price-to-Tangible-Book Historical Data

The historical data trend for Signal Gold'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.

Signal Gold Price-to-Tangible-Book Chart

Signal Gold Annual Data
Trend May14 May15 May16 May17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 1.51 1.60 0.94 -

Signal Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.94 1.02 0.73 0.70 -

Competitive Comparison of Signal Gold's Price-to-Tangible-Book

For the Gold subindustry, Signal Gold'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.


Signal Gold's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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



Signal Gold Price-to-Tangible-Book Calculation

Signal Gold's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=0.10/0.286
=0.35

* 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.


Signal Gold Price-to-Tangible-Book Related Terms

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


Signal Gold (TSX:SGNL) Business Description

Traded in Other Exchanges
Address
20 Adelaide St. East, Suite 915, Toronto, ON, CAN, M5C 2T6
Signal Gold Inc is gold mining, development, and exploration company focused on the top-tier Canadian mining jurisdictions of Nova Scotia and Newfoundland. The company operates mining and milling operations in the Goldboro Gold Project in Nova Scotia, the prolific Baie Verte Mining District of Newfoundland which includes the fully-permitted Pine Cove Mill, tailings facility, and deep-water port, as well as 15,000 hectares of mineral property at Tilt Cove.
Executives
Robert Dufour Senior Officer

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