Renegade Gold (TSXV:RAGE) Price-to-Tangible-Book

: 0.57 (As of Today)

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As of today (2024-04-23), Renegade Gold's share price is C$0.48. Renegade Gold's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.84. Hence, Renegade Gold's Price to Tangible Book Ratio of today is 0.57.

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

TSXV:RAGE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.17 Med: 2.41 Max: 75
Current: 0.57

During the past 13 years, Renegade Gold's highest Price to Tangible Book Ratio was 75.00. The lowest was 0.17. And the median was 2.41.

TSXV:RAGE's Price-to-Tangible-Book is ranked better than
79.76% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.32 vs TSXV:RAGE: 0.57

A closely related ratio is called PB Ratio. As of today, Renegade Gold's share price is C$0.48. Renegade Gold's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.84. Hence, Renegade Gold's P/B Ratio of today is 0.57.

Renegade Gold Price-to-Tangible-Book Historical Data

The historical data trend for Renegade 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.

Renegade Gold Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Price-to-Tangible-Book

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12.88

4.70

3.48

2.77

1.46

Renegade Gold Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.36	1.32	0.92	0.36	0.49

Competitive Comparison

For the Gold subindustry, Renegade 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.

Renegade Gold Price-to-Tangible-Book Distribution

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

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

Renegade Gold Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.48	/	0.835
	=	0.57

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.

Renegade Gold Price-to-Tangible-Book Related Terms

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

Renegade Gold (TSXV:RAGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Renegade Gold Inc (TSXV:RAGE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TGLDF:USA 070:Germany 070:Germany

Address

200 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 3L6

Website

https://www.renegadegold.com/investors/overview

Renegade Gold Inc formerly Trillium Gold Mines Inc is engaged in the exploration and development of gold deposits in the Red Lake district. Its projects include Leo property, Sidace, Gold Centre, Shining Tree, and Newman todd.

Renegade Gold (TSXV:RAGE) Headlines

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