Rainy Mountain Royalty (TSXV:RMO) Price-to-Tangible-Book : 0.72 (As of May. 26, 2024)

View and export this data going back to 1981. Start your Free Trial

What is Rainy Mountain Royalty Price-to-Tangible-Book?

As of today (2024-05-26), Rainy Mountain Royalty's share price is C$0.05. Rainy Mountain Royalty's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was C$0.07. Hence, Rainy Mountain Royalty's Price to Tangible Book Ratio of today is 0.72.

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

TSXV:RMO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.14 Med: 0.51 Max: 2.09
Current: 0.72

During the past 13 years, Rainy Mountain Royalty's highest Price to Tangible Book Ratio was 2.09. The lowest was 0.14. And the median was 0.51.

TSXV:RMO's Price-to-Tangible-Book is ranked better than
74.38% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs TSXV:RMO: 0.72

A closely related ratio is called PB Ratio. As of today, Rainy Mountain Royalty's share price is C$0.05. Rainy Mountain Royalty's Book Value per Sharefor the quarter that ended in Jan. 2024 was C$0.07. Hence, Rainy Mountain Royalty's P/B Ratio of today is 0.72.

Rainy Mountain Royalty Price-to-Tangible-Book Historical Data

The historical data trend for Rainy Mountain Royalty'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.

Rainy Mountain Royalty Price-to-Tangible-Book Chart

Rainy Mountain Royalty Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.55

0.17

0.94

0.75

0.79

Rainy Mountain Royalty Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.20	0.79	1.13	0.97	1.38

Competitive Comparison of Rainy Mountain Royalty's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Rainy Mountain Royalty'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.

Rainy Mountain Royalty's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Rainy Mountain Royalty's Price-to-Tangible-Book falls into.

Rainy Mountain Royalty Price-to-Tangible-Book Calculation

Rainy Mountain Royalty's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	0.05	/	0.069
	=	0.72

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.

Rainy Mountain Royalty Price-to-Tangible-Book Related Terms

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

Rainy Mountain Royalty (TSXV:RMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rainy Mountain Royalty Corp (TSXV:RMO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

EK7N:Germany

Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

http://www.rmroyalty.com

Rainy Mountain Royalty Corp is a mineral exploration project generator. The company is engaged in acquiring early-stage exploration opportunities and delivering them drill targets ready to joint venture partners. The company currently holds multiple property interests in Ontario and is primarily focused on shear-hosted gold and base metals properties with associated gold and silver credits. Its property portfolio consists of Marshall Lake and other properties.

Executives

Douglas Lawrence Mason

Director, Senior Officer