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Balto Resources (TSXV:BAL.H) Price-to-Tangible-Book : (As of Oct. 31, 2024)


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

As of today (2024-10-31), Balto Resources's share price is C$0.01. Balto Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$-0.05. Hence, Balto Resources's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Balto Resources's highest Price to Tangible Book Ratio was 20.00. The lowest was 1.43. And the median was 6.67.

TSXV:BAL.H's Price-to-Tangible-Book is not ranked *
in the Metals & Mining industry.
Industry Median: 1.39
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Balto Resources's share price is C$0.01. Balto Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$-0.05. Hence, Balto Resources's P/B Ratio of today is .


Balto Resources Price-to-Tangible-Book Historical Data

The historical data trend for Balto 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.

Balto Resources Price-to-Tangible-Book Chart

Balto Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
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Balto Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Balto Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Balto 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.


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

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

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



Balto Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.01/-0.048
=

* 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.


Balto Resources Price-to-Tangible-Book Related Terms

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


Balto Resources Business Description

Traded in Other Exchanges
N/A
Address
850 West Hastings Street, Suite 600, Vancouver, BC, CAN, V6C 1E1
Website
Balto Resources Ltd operates as a resource property development company. It engages in the process of exploration and evaluating its mineral property. The company holds the majority of the working interest in the SED Mineral claims that cover an area of more than 500 hectares located in the Kamloops Mining Division, British Columbia.

Balto Resources Headlines

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