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Searchlight Resources (TSXV:SCLT) Price-to-Tangible-Book : 1.67 (As of May. 12, 2024)


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What is Searchlight Resources Price-to-Tangible-Book?

As of today (2024-05-12), Searchlight Resources's share price is C$0.015. Searchlight Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.01. Hence, Searchlight Resources's Price to Tangible Book Ratio of today is 1.67.

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

TSXV:SCLT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.5   Med: 4.64   Max: 25
Current: 1.5

During the past 13 years, Searchlight Resources's highest Price to Tangible Book Ratio was 25.00. The lowest was 1.50. And the median was 4.64.

TSXV:SCLT's Price-to-Tangible-Book is ranked better than
58.21% of 2230 companies
in the Metals & Mining industry
Industry Median: 1.35 vs TSXV:SCLT: 1.50

A closely related ratio is called PB Ratio. As of today, Searchlight Resources's share price is C$0.015. Searchlight Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.01. Hence, Searchlight Resources's P/B Ratio of today is 1.67.


Searchlight Resources Price-to-Tangible-Book Historical Data

The historical data trend for Searchlight 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.

Searchlight Resources Price-to-Tangible-Book Chart

Searchlight Resources Annual Data
Trend Jun13 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.69 3.89 6.18 2.00

Searchlight Resources 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 3.89 2.94 2.00 2.31 2.78

Competitive Comparison of Searchlight Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Searchlight 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.


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

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

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



Searchlight Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.015/0.009
=1.67

* 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.


Searchlight Resources Price-to-Tangible-Book Related Terms

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


Searchlight Resources (TSXV:SCLT) Business Description

Traded in Other Exchanges
Address
1199 West Pender Street, Suite 408, Vancouver, BC, CAN, V6E 2R1
Searchlight Resources Inc is a Canadian mineral exploration and development company focused in Saskatchewan, Canada. Its exploration focus is on gold, uranium and battery minerals throughout the Province. It also holds an interest in Kulyk Lake South; Bootleg Lake Gold Property, Robinson Creek; Wapawekka Lake Greenstone Belt, Munro Warden Copper Nickel Cobalt Property, Cameron Cobalt Property, Duddridge Lake Property, Flin Flon North Project, and English Bay Property in Canada.

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