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Stearman Resources (XCNQ:STMN) Price-to-Tangible-Book : 1.67 (As of May. 15, 2024)


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

As of today (2024-05-15), Stearman Resources's share price is C$0.045. Stearman Resources's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was C$0.03. Hence, Stearman Resources's Price to Tangible Book Ratio of today is 1.67.

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

XCNQ:STMN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.03   Med: 1.47   Max: 2.22
Current: 1.5

During the past 2 years, Stearman Resources's highest Price to Tangible Book Ratio was 2.22. The lowest was 1.03. And the median was 1.47.

XCNQ:STMN's Price-to-Tangible-Book is ranked worse than
53.21% of 2229 companies
in the Metals & Mining industry
Industry Median: 1.33 vs XCNQ:STMN: 1.50

A closely related ratio is called PB Ratio. As of today, Stearman Resources's share price is C$0.045. Stearman Resources's Book Value per Sharefor the quarter that ended in Feb. 2024 was C$0.03. Hence, Stearman Resources's P/B Ratio of today is 1.67.


Stearman Resources Price-to-Tangible-Book Historical Data

The historical data trend for Stearman 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.

Stearman Resources Price-to-Tangible-Book Chart

Stearman Resources Annual Data
Trend Aug22 Aug23
Price-to-Tangible-Book
- 1.29

Stearman Resources Quarterly Data
May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Price-to-Tangible-Book Get a 7-Day Free Trial 2.22 1.47 1.29 1.03 1.85

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

For the Other Industrial Metals & Mining subindustry, Stearman 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.


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

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

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



Stearman Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=0.045/0.027
=1.67

* 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.


Stearman Resources Price-to-Tangible-Book Related Terms

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


Stearman Resources (XCNQ:STMN) Business Description

Traded in Other Exchanges
N/A
Address
422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4
Website
Stearman Resources Inc is engaged in the business of the acquisition, exploration, and development of mineral resource properties. The company's sole mineral property interest is the Miniac Option on the Miniac Property located in the northern Abitbi region of Quebec.
Executives
Steve Mathiesen Director

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