Canadian Gold (TSXV:CGC) Price-to-Tangible-Book : 3.16 (As of May. 06, 2024)

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

As of today (2024-05-06), Canadian Gold's share price is C$0.155. Canadian Gold's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was C$0.05. Hence, Canadian Gold's Price to Tangible Book Ratio of today is 3.16.

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

TSXV:CGC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.17 Med: 1.71 Max: 4.64
Current: 3.1

During the past 13 years, Canadian Gold's highest Price to Tangible Book Ratio was 4.64. The lowest was 0.17. And the median was 1.71.

TSXV:CGC's Price-to-Tangible-Book is ranked worse than
78.18% of 2236 companies
in the Metals & Mining industry
Industry Median: 1.3 vs TSXV:CGC: 3.10

A closely related ratio is called PB Ratio. As of today, Canadian Gold's share price is C$0.155. Canadian Gold's Book Value per Sharefor the quarter that ended in Sep. 2023 was C$0.05. Hence, Canadian Gold's P/B Ratio of today is 3.16.

Canadian Gold Price-to-Tangible-Book Historical Data

The historical data trend for Canadian 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.

Canadian Gold Price-to-Tangible-Book Chart

Canadian Gold Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.89

1.35

2.95

2.34

0.60

Canadian Gold Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.58	0.67	0.60	4.56	4.29

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

For the Gold subindustry, Canadian 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.

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

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

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

Canadian Gold Price-to-Tangible-Book Calculation

Canadian 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 )
	=	0.155	/	0.049
	=	3.16

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Canadian Gold Price-to-Tangible-Book Related Terms

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

Canadian Gold (TSXV:CGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canadian Gold Corp (TSXV:CGC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

STRRF:USA 8S8:Germany

Address

401 Bay Street, Suite 2702, P.O.Box 86, Toronto, ON, CAN, M5H 2Y4

Website

https://www.canadiangoldcorp.com

Canadian Gold Corp is a Toronto-based mineral exploration and development company whose objective is to expand the high-grade gold resource at the past-producing Tartan Lake Gold Mine Project, located in Flin Flon, Manitoba. In addition, the Company owns exploration properties in Ontario and Quebec surrounding some of Canada's gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON), and the Hammond Reef Project (ON).