Blast Resources (XCNQ:BLST) Price-to-Tangible-Book : 5.31 (As of May. 16, 2024)

View and export this data going back to 2023. Start your Free Trial

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

As of today (2024-05-16), Blast Resources's share price is C$0.085. Blast Resources's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was C$0.02. Hence, Blast Resources's Price to Tangible Book Ratio of today is 5.31.

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

XCNQ:BLST' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.25 Med: 8.44 Max: 8.44
Current: 4.25

During the past 2 years, Blast Resources's highest Price to Tangible Book Ratio was 8.44. The lowest was 4.25. And the median was 8.44.

XCNQ:BLST's Price-to-Tangible-Book is ranked worse than
83.57% of 2228 companies
in the Metals & Mining industry
Industry Median: 1.35 vs XCNQ:BLST: 4.25

A closely related ratio is called PB Ratio. As of today, Blast Resources's share price is C$0.085. Blast Resources's Book Value per Sharefor the quarter that ended in Oct. 2023 was C$0.02. Hence, Blast Resources's P/B Ratio of today is 5.31.

Blast Resources Price-to-Tangible-Book Historical Data

The historical data trend for Blast 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.

Blast Resources Price-to-Tangible-Book Chart

Blast Resources Annual Data

Trend

Jan22

Jan23

Price-to-Tangible-Book

Blast Resources Quarterly Data
	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	8.44

Competitive Comparison of Blast Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Blast 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.

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

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

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

Blast Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Oct. 2023 )
	=	0.085	/	0.016
	=	5.31

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.

Blast Resources Price-to-Tangible-Book Related Terms

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

Blast Resources (XCNQ:BLST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blast Resources Inc (XCNQ:BLST) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

580 Hornby Street, No. 380, Vancouver, BC, CAN, V6C 3B6

Website

Blast Resources Inc is a mineral exploration company engaged in acquiring, exploring, and evaluating resource properties. The Company holds the option to earn a 100% interest in the Property located near Vernon, Utah, United States in central Tooele County, Utah, United States. The Company's objective is to explore and, if warranted, develop the Property. The Company will evaluate opportunities to acquire interests in additional exploration-stage mineral properties.

Blast Resources (XCNQ:BLST) Headlines

No Headlines