Star Royalties (TSXV:STRR) Price-to-Tangible-Book : 0.26 (As of May. 21, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Star Royalties Price-to-Tangible-Book?

As of today (2024-05-21), Star Royalties's share price is C$0.25. Star Royalties's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.96. Hence, Star Royalties's Price to Tangible Book Ratio of today is 0.26.

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

TSXV:STRR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26 Med: 0.43 Max: 1.14
Current: 0.26

During the past 5 years, Star Royalties's highest Price to Tangible Book Ratio was 1.14. The lowest was 0.26. And the median was 0.43.

TSXV:STRR's Price-to-Tangible-Book is ranked better than
96.26% of 2220 companies
in the Metals & Mining industry
Industry Median: 1.38 vs TSXV:STRR: 0.26

A closely related ratio is called PB Ratio. As of today, Star Royalties's share price is C$0.25. Star Royalties's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.96. Hence, Star Royalties's P/B Ratio of today is 0.26.

Star Royalties Price-to-Tangible-Book Historical Data

The historical data trend for Star Royalties'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.

Star Royalties Price-to-Tangible-Book Chart

Star Royalties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.14

0.43

0.34

Star Royalties Quarterly Data
	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												0.43	0.45	0.43	0.38	0.34

Competitive Comparison of Star Royalties's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, Star Royalties'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.

Star Royalties's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

Star Royalties Price-to-Tangible-Book Calculation

Star Royalties's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.25	/	0.963
	=	0.26

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.

Star Royalties Price-to-Tangible-Book Related Terms

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

Star Royalties (TSXV:STRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Star Royalties Ltd (TSXV:STRR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

STRFF:USA

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.starroyalties.com

Star Royalties Ltd is a precious metals and carbon credit royalty and streaming company. The company has developed its carbon credit royalties in forestry and regenerative agriculture. The group offers investors exposure to precious metals and carbon credits by originating high-quality royalties and streams. The company's assets comprise Elk Gold, Copperstone, Keysbrook, Baavhai Uul, and others. The Company organizes and manages the business under Star Royalties and Green Star joint venture. Geographically, the company operates in The United States, Canada, Australia and Mongolia.

Executives