Tres-Or Resources (TSXV:TRS) Price-to-Tangible-Book

: 0.89 (As of Today)

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As of today (2024-04-23), Tres-Or Resources's share price is C$0.09. Tres-Or Resources's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was C$0.10. Hence, Tres-Or Resources's Price to Tangible Book Ratio of today is 0.89.

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

TSXV:TRS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32 Med: 0.66 Max: 1.99
Current: 0.9

During the past 13 years, Tres-Or Resources's highest Price to Tangible Book Ratio was 1.99. The lowest was 0.32. And the median was 0.66.

TSXV:TRS's Price-to-Tangible-Book is ranked better than
65.24% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.32 vs TSXV:TRS: 0.90

A closely related ratio is called PB Ratio. As of today, Tres-Or Resources's share price is C$0.09. Tres-Or Resources's Book Value per Sharefor the quarter that ended in Nov. 2023 was C$0.10. Hence, Tres-Or Resources's P/B Ratio of today is 0.89.

Tres-Or Resources Price-to-Tangible-Book Historical Data

The historical data trend for Tres-Or 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.

Tres-Or Resources Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Price-to-Tangible-Book

0.82

0.40

0.97

0.57

0.34

Tres-Or Resources 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																0.32	0.34	0.63	0.83	0.74

Competitive Comparison

For the Other Precious Metals & Mining subindustry, Tres-Or 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.

Tres-Or Resources Price-to-Tangible-Book Distribution

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

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

Tres-Or Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2023 )
	=	0.09	/	0.101
	=	0.89

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.

Tres-Or Resources Price-to-Tangible-Book Related Terms

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Tres-Or Resources (TSXV:TRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tres-Or Resources Ltd (TSXV:TRS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TRSFF:USA

Address

1934 - 131 Street, White Rock, BC, CAN, V4A 7R7

Website

http://www.tres-or.com

Tres-Or Resources Ltd is an operator of a mineral exploration company intended to explore and evaluate mineral properties. The company's platform focused on acquiring, exploring gold and base metal resources, diamonds, and selling certain projects of the company, enabling the discovery of rare minerals and metals. The projects of the company include Fontana and Duvay Gold Projects and Diamond Projects.