Yorkton Equity Group (TSXV:YEG) Price-to-Tangible-Book

: 0.99 (As of Today)

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As of today (2024-04-19), Yorkton Equity Group's share price is C$0.185. Yorkton Equity Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was C$0.19. Hence, Yorkton Equity Group's Price to Tangible Book Ratio of today is 0.99.

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

TSXV:YEG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75 Med: 0.94 Max: 1.96
Current: 0.97

During the past 3 years, Yorkton Equity Group's highest Price to Tangible Book Ratio was 1.96. The lowest was 0.75. And the median was 0.94.

TSXV:YEG's Price-to-Tangible-Book is ranked worse than
58.05% of 1721 companies
in the Real Estate industry
Industry Median: 0.8 vs TSXV:YEG: 0.97

A closely related ratio is called PB Ratio. As of today, Yorkton Equity Group's share price is C$0.185. Yorkton Equity Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was C$0.19. Hence, Yorkton Equity Group's P/B Ratio of today is 0.99.

Yorkton Equity Group Price-to-Tangible-Book Historical Data

The historical data trend for Yorkton Equity Group'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.

Yorkton Equity Group Annual Data

Trend

Dec20

Dec21

Dec22

Price-to-Tangible-Book

1.57

0.99

0.81

Yorkton Equity Group Quarterly Data
	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book												0.91	0.81	0.89	0.89	0.86

Competitive Comparison

For the Real Estate - Diversified subindustry, Yorkton Equity Group'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.

Yorkton Equity Group Price-to-Tangible-Book Distribution

For the Real Estate industry and Real Estate sector, Yorkton Equity Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Yorkton Equity Group's Price-to-Tangible-Book falls into.

Yorkton Equity Group Price-to-Tangible-Book Calculation

Yorkton Equity Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.185	/	0.186
	=	0.99

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.

Yorkton Equity Group Price-to-Tangible-Book Related Terms

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

Yorkton Equity Group (TSXV:YEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yorkton Equity Group Inc (TSXV:YEG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

10180 - 101 Street NW, 3165 Manulfie Place, Edmonton, AB, CAN, T5J 3S4

Website

https://www.yorktonequitygroup.com

Yorkton Equity Group Inc is a fully integrated, growth-oriented real estate investment company committed to providing shareholders with investment opportunities through the accretive acquisitions of multi-family revenue properties in strategic markets across Canada, with its current focus in Western Canada. YEG's focus is to acquire and manage multi-family revenue properties in growing strategic markets across Canada with strong economic fundamentals and to grow the Net Operating Income (NOI) and the Net Asset Value (NAV) of its revenue property portfolio.

Yorkton Equity Group (TSXV:YEG) Headlines

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