GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tarku Resources Ltd (OTCPK:TRKUF) » Definitions » PB Ratio

Tarku Resources (Tarku Resources) PB Ratio : 1.31 (As of May. 11, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Tarku Resources PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-11), Tarku Resources's share price is $0.0236. Tarku Resources's Book Value per Share for the quarter that ended in Dec. 2023 was $0.02. Hence, Tarku Resources's PB Ratio of today is 1.31.

The historical rank and industry rank for Tarku Resources's PB Ratio or its related term are showing as below:

TRKUF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 12.96
Current: 1.18

During the past 13 years, Tarku Resources's highest PB Ratio was 12.96. The lowest was 0.00. And the median was 0.00.

TRKUF's PB Ratio is ranked better than
62.99% of 2391 companies
in the Metals & Mining industry
Industry Median: 1.42 vs TRKUF: 1.18

During the past 3 years, the average Book Value Per Share Growth Rate was -5.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -11.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -18.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tarku Resources was 15.00% per year. The lowest was -58.50% per year. And the median was -28.95% per year.

Back to Basics: PB Ratio


Tarku Resources PB Ratio Historical Data

The historical data trend for Tarku Resources's PB Ratio 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.

Tarku Resources PB Ratio Chart

Tarku Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.63 1.30 1.26

Tarku Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 2.78 3.00 1.37 1.26 1.11

Competitive Comparison of Tarku Resources's PB Ratio

For the Other Industrial Metals & Mining subindustry, Tarku Resources's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Tarku Resources's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tarku Resources's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tarku Resources's PB Ratio falls into.



Tarku Resources PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Tarku Resources's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.0236/0.018
=1.31

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Tarku Resources  (OTCPK:TRKUF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Tarku Resources PB Ratio Related Terms

Thank you for viewing the detailed overview of Tarku Resources's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tarku Resources (Tarku Resources) Business Description

Traded in Other Exchanges
Address
4th Avenue Street, Suite 602 - 224, Saskatoon, SK, CAN, S7K 5M5
Tarku Resources Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, and development of precious and base metals in the mineral-rich Canadian landscape. It explores uranium, gold, silver, copper, zinc, and diamonds. It holds an interest in the Apollo gold project, Max Lithium Project, Admiral gold project, Atlas gold project in Quebec, and silver strike project in Arizona. The company operates in two geographical segments Arizona and Quebec, out of which it makes majority of revenue from Arizona.