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Altai Resources (Altai Resources) Price-to-Tangible-Book

: 0.69 (As of Today)
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As of today (2024-04-24), Altai Resources's share price is $0.04. Altai Resources's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $0.06. Hence, Altai Resources's Price to Tangible Book Ratio of today is 0.69.

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

ARSEF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.17   Med: 0.8   Max: 3.91
Current: 0.8

During the past 13 years, Altai Resources's highest Price to Tangible Book Ratio was 3.91. The lowest was 0.17. And the median was 0.80.

ARSEF's Price-to-Tangible-Book is ranked better than
78.4% of 926 companies
in the Oil & Gas industry
Industry Median: 1.31 vs ARSEF: 0.80

A closely related ratio is called PB Ratio. As of today, Altai Resources's share price is $0.04. Altai Resources's Book Value per Sharefor the quarter that ended in Sep. 2023 was $0.06. Hence, Altai Resources's P/B Ratio of today is 0.69.


Altai Resources Price-to-Tangible-Book Historical Data

The historical data trend for Altai 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.

Altai Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 0.31 0.90 1.29 0.18

Altai Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.04 0.18 1.09 1.06 0.86

Competitive Comparison

For the Oil & Gas E&P subindustry, Altai 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.


Altai Resources Price-to-Tangible-Book Distribution

For the Oil & Gas industry and Energy sector, Altai Resources's Price-to-Tangible-Book distribution charts can be found below:

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



Altai Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=0.04/0.058
=0.69

* 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.


Altai Resources Price-to-Tangible-Book Related Terms

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


Altai Resources (Altai Resources) Business Description

Traded in Other Exchanges
Address
895 Don Mills Road, Suite 900, Two Morneau Shepell Centre, Toronto, ON, CAN, M3C 1W3
Altai Resources Inc is a Canadian based resource company, with a diversified portfolio of natural gas, oil and gold properties in Canada. It is engaged in the exploration and development of mineral properties. The company's properties portfolio includes Sorel-Trois Riviere's natural gas property, Cessford oil field, and Malartic gold project.

Altai Resources (Altai Resources) Headlines

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