Talon Metals (TSX:TLO) PB Ratio : 0.67 (As of May. 16, 2024)

View and export this data going back to 2005. Start your Free Trial

What is Talon Metals 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 (2024-05-16), Talon Metals's share price is C$0.165. Talon Metals's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.25. Hence, Talon Metals's PB Ratio of today is 0.67.

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

TSX:TLO' s PB Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.3 Max: 1.24
Current: 0.67

During the past 13 years, Talon Metals's highest PB Ratio was 1.24. The lowest was 0.07. And the median was 0.30.

TSX:TLO's PB Ratio is ranked better than
77.39% of 2384 companies
in the Metals & Mining industry
Industry Median: 1.4 vs TSX:TLO: 0.67

During the past 12 months, Talon Metals's average Book Value Per Share Growth Rate was -0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 27.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 35.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Talon Metals was 93.80% per year. The lowest was -31.00% per year. And the median was -8.00% per year.

Back to Basics: PB Ratio

Talon Metals PB Ratio Historical Data

The historical data trend for Talon Metals'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.

Talon Metals PB Ratio Chart

Talon Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.33

4.21

3.51

1.98

0.73

Talon Metals 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															1.98	1.43	1.43	1.13	0.73

Competitive Comparison of Talon Metals's PB Ratio

For the Other Industrial Metals & Mining subindustry, Talon Metals'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.

Talon Metals's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Talon Metals's PB Ratio falls into.

Talon Metals 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.

Talon Metals's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.165	/	0.248
	=	0.67

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Talon Metals (TSX:TLO) 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.

Talon Metals PB Ratio Related Terms

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

Talon Metals (TSX:TLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Talon Metals Corp (TSX:TLO) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

TLOFF:USA TAO:Germany

Address

Craigmuir Chambers, P.O. Box 71, Road Town, Tortola, VGB

Website

https://www.talonmetals.com

Talon Metals Corp is a base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. The Tamarack Nickel Project comprises a large land position with additional high-grade intercepts outside the current resource area. Talon is focused on expanding and infilling its current high-grade nickel mineralization resource prepared in accordance with NI 43-101 to shape a mine plan for submission to Minnesota regulators and following up on additional high-grade nickel mineralization in the Tamarack Intrusive Complex.

Executives

Sean Neal Werger	Senior Officer
Mark Groulx	Senior Officer
Vincent Gregory Conte	Senior Officer
Warren Eric Newfield	Director
Henri Van Rooyen	Director, Senior Officer