Magna Gold (Magna Gold) Price-to-Tangible-Book : 0.36 (As of May. 11, 2024)

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What is Magna Gold Price-to-Tangible-Book?

As of today (2024-05-11), Magna Gold's share price is $0.008. Magna Gold's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was $0.02. Hence, Magna Gold's Price to Tangible Book Ratio of today is 0.36.

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

MGLQF's Price-to-Tangible-Book is not ranked ^*
in the Metals & Mining industry.
Industry Median: 1.35
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Magna Gold's share price is $0.008. Magna Gold's Book Value per Sharefor the quarter that ended in Sep. 2022 was $0.02. Hence, Magna Gold's P/B Ratio of today is 0.36.

Magna Gold Price-to-Tangible-Book Historical Data

The historical data trend for Magna Gold'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.

Magna Gold Price-to-Tangible-Book Chart

Magna Gold Annual Data

Trend

Mar18

Mar19

Mar20

Dec21

Price-to-Tangible-Book

5.19

2.33

Magna Gold Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Price-to-Tangible-Book	Get a 7-Day Free Trial														2.78	2.33	2.66	1.97	6.25

Competitive Comparison of Magna Gold's Price-to-Tangible-Book

For the Gold subindustry, Magna Gold'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.

Magna Gold's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

Magna Gold Price-to-Tangible-Book Calculation

Magna Gold's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2022 )
	=	0.008	/	0.022
	=	0.36

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.

Magna Gold Price-to-Tangible-Book Related Terms

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

Magna Gold (Magna Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magna Gold Corp (OTCPK:MGLQF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

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

Website

https://www.magnagoldcorp.com

Magna Gold Corp is a Canadian gold company engaged in operations, development, exploration, and acquisition in Mexico. Its primary asset is the San Francisco Gold Mine in Sonora, Mexico, and exploration stage projects include San Judas, La Pima, Mercedes, and others. The majority of its revenue comes from sales of Gold.