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Orla Mining (TSX:OLA) Price-to-Tangible-Book : 3.27 (As of Apr. 26, 2024)


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What is Orla Mining Price-to-Tangible-Book?

As of today (2024-04-26), Orla Mining's share price is C$5.58. Orla Mining's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$1.71. Hence, Orla Mining's Price to Tangible Book Ratio of today is 3.27.

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

TSX:OLA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.66   Med: 2.4   Max: 7.65
Current: 3.26

During the past 13 years, Orla Mining's highest Price to Tangible Book Ratio was 7.65. The lowest was 0.66. And the median was 2.40.

TSX:OLA's Price-to-Tangible-Book is ranked worse than
78.43% of 2239 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSX:OLA: 3.26

A closely related ratio is called PB Ratio. As of today, Orla Mining's share price is C$5.58. Orla Mining's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$1.71. Hence, Orla Mining's P/B Ratio of today is 3.27.


Orla Mining Price-to-Tangible-Book Historical Data

The historical data trend for Orla Mining'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.

Orla Mining Price-to-Tangible-Book Chart

Orla Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 7.65 5.07 3.11 2.53

Orla Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.11 3.48 2.92 2.44 2.53

Competitive Comparison of Orla Mining's Price-to-Tangible-Book

For the Gold subindustry, Orla Mining'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.


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

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

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



Orla Mining Price-to-Tangible-Book Calculation

Orla Mining's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=5.58/1.706
=3.27

* 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.


Orla Mining Price-to-Tangible-Book Related Terms

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


Orla Mining (TSX:OLA) Business Description

Traded in Other Exchanges
Address
1075 West Georgia Street, Suite 1010, Vancouver, BC, CAN, V6E 3C9
Orla Mining Ltd is a mineral exploration company. It is engaged in the acquisition and exploration of mineral properties. The company holds two gold projects; the Camino Rojo gold and silver project in Zacatecas State, Mexico, and the Cerro Quema gold project in Panama. It conducts business activities in the geographic areas of Mexico, Panama, the United States, and Canada.

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