Richmond Minerals (TSXV:RMD) Price-to-Tangible-Book : 0.41 (As of Apr. 26, 2024)

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What is Richmond Minerals Price-to-Tangible-Book?

As of today (2024-04-26), Richmond Minerals's share price is C$0.03. Richmond Minerals's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was C$0.07. Hence, Richmond Minerals's Price to Tangible Book Ratio of today is 0.41.

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

TSXV:RMD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.27 Med: 2.49 Max: 16.67
Current: 0.43

During the past 13 years, Richmond Minerals's highest Price to Tangible Book Ratio was 16.67. The lowest was 0.27. And the median was 2.49.

TSXV:RMD's Price-to-Tangible-Book is ranked better than
87.49% of 2239 companies
in the Metals & Mining industry
Industry Median: 1.32 vs TSXV:RMD: 0.43

A closely related ratio is called PB Ratio. As of today, Richmond Minerals's share price is C$0.03. Richmond Minerals's Book Value per Sharefor the quarter that ended in Nov. 2023 was C$0.07. Hence, Richmond Minerals's P/B Ratio of today is 0.41.

Richmond Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Richmond Minerals'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.

Richmond Minerals Price-to-Tangible-Book Chart

Richmond Minerals Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.06

3.45

2.75

2.39

1.70

Richmond Minerals Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.17	2.47	1.70	1.28	0.68

Competitive Comparison of Richmond Minerals's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, Richmond Minerals'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.

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

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

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

Richmond Minerals Price-to-Tangible-Book Calculation

Richmond Minerals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2023 )
	=	0.03	/	0.073
	=	0.41

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.

Richmond Minerals Price-to-Tangible-Book Related Terms

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

Richmond Minerals (TSXV:RMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Richmond Minerals Inc (TSXV:RMD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

R520:Germany

Address

120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1

Website

https://www.richmondminerals.com

Richmond Minerals Inc is a mineral exploration company. It is mainly engaged in base and precious metal mining and related activities, including exploration and development in Northern Ontario and Quebec. The company owns an interest in Probe Mines Borden Lake Gold Properties, Ridley Lake Project, Iamgold Jerome Mines, and Iamgold Cote Lake properties. The Company operates in one industry segment, Junior exploration and evaluation, but operates geographically in two countries, Canada and Austria.