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Snowline Gold (TSXV:SGD) Price-to-Tangible-Book : 21.78 (As of May. 27, 2024)


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

As of today (2024-05-27), Snowline Gold's share price is C$5.99. Snowline Gold's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.28. Hence, Snowline Gold's Price to Tangible Book Ratio of today is 21.78.

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

TSXV:SGD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.21   Med: 15.62   Max: 40
Current: 21.39

During the past 6 years, Snowline Gold's highest Price to Tangible Book Ratio was 40.00. The lowest was 4.21. And the median was 15.62.

TSXV:SGD's Price-to-Tangible-Book is ranked worse than
98.47% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs TSXV:SGD: 21.39

A closely related ratio is called PB Ratio. As of today, Snowline Gold's share price is C$5.99. Snowline Gold's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.28. Hence, Snowline Gold's P/B Ratio of today is 21.78.


Snowline Gold Price-to-Tangible-Book Historical Data

The historical data trend for Snowline 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.

Snowline Gold Price-to-Tangible-Book Chart

Snowline Gold Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 40.00 - 4.21 13.24 18.00

Snowline Gold Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 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 13.24 9.48 13.39 18.34 18.00

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

For the Gold subindustry, Snowline 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.


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

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

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



Snowline Gold Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=5.99/0.275
=21.78

* 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.


Snowline Gold Price-to-Tangible-Book Related Terms

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


Snowline Gold (TSXV:SGD) Business Description

Traded in Other Exchanges
Address
No.1012 - 1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
Snowline Gold Corp is a gold exploration company. The company is exploring its Einarson and Rogue gold projects in Selwyn Basin. All projects of the company lie in the prolific Tintina gold province that hosts gold mines and deposits from Kinross' Fort Knox to Goldcorp's Coffee. The Company operates in a single reportable operating segment, being the exploration and development of mineral properties.
Executives
Axel Gunther Ruediger Roehlig Director