Progressive Planet Solutions (Progressive Planet Solutions) Price-to-Tangible-Book : 1.05 (As of Apr. 28, 2024)

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What is Progressive Planet Solutions Price-to-Tangible-Book?

As of today (2024-04-28), Progressive Planet Solutions's share price is $0.09. Progressive Planet Solutions's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $0.09. Hence, Progressive Planet Solutions's Price to Tangible Book Ratio of today is 1.05.

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

ASHXF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5 Med: 1.9 Max: 10.91
Current: 1

During the past 13 years, Progressive Planet Solutions's highest Price to Tangible Book Ratio was 10.91. The lowest was 0.50. And the median was 1.90.

ASHXF's Price-to-Tangible-Book is ranked better than
61.86% of 2239 companies
in the Metals & Mining industry
Industry Median: 1.34 vs ASHXF: 1.00

A closely related ratio is called PB Ratio. As of today, Progressive Planet Solutions's share price is $0.09. Progressive Planet Solutions's Book Value per Sharefor the quarter that ended in Jan. 2024 was $0.09. Hence, Progressive Planet Solutions's P/B Ratio of today is 1.05.

Progressive Planet Solutions Price-to-Tangible-Book Historical Data

The historical data trend for Progressive Planet Solutions'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.

Progressive Planet Solutions Price-to-Tangible-Book Chart

Progressive Planet Solutions Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.88

0.79

6.13

2.92

1.95

Progressive Planet Solutions 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															1.81	1.95	1.81	1.03	0.93

Competitive Comparison of Progressive Planet Solutions's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Progressive Planet Solutions'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.

Progressive Planet Solutions's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Progressive Planet Solutions's Price-to-Tangible-Book falls into.

Progressive Planet Solutions Price-to-Tangible-Book Calculation

Progressive Planet Solutions's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	0.09	/	0.086
	=	1.05

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.

Progressive Planet Solutions Price-to-Tangible-Book Related Terms

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

Progressive Planet Solutions (Progressive Planet Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Progressive Planet Solutions Inc (OTCPK:ASHXF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ARB3:Germany PLAN:Canada

Address

724 East Sarcee Street, Kamloops, BC, CAN, V2H 1E7

Website

https://www.progressiveplanet.ca

Progressive Planet Solutions Inc is a leader in supplying solutions for a livable planet by developing low-carbon, pozzolan-based, cementing products that replace equivalent amounts of Portland Cement and fly ash in concrete. Progressive Planet operates its flagship Z1 Natural Pozzolan Quarry in Cache Creek, British Columbia, and is earning a 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC, and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and U.S. markets.