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Harfang Exploration (TSXV:HAR) PB Ratio : 0.31 (As of Dec. 13, 2024)


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What is Harfang Exploration 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 (2024-12-13), Harfang Exploration's share price is C$0.07. Harfang Exploration's Book Value per Share for the quarter that ended in Jul. 2024 was C$0.23. Hence, Harfang Exploration's PB Ratio of today is 0.31.

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

TSXV:HAR' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.04
Current: 0.33

During the past 13 years, Harfang Exploration's highest PB Ratio was 7.04. The lowest was 0.00. And the median was 0.00.

TSXV:HAR's PB Ratio is ranked better than
92.08% of 2322 companies
in the Metals & Mining industry
Industry Median: 1.365 vs TSXV:HAR: 0.33

During the past 12 months, Harfang Exploration's average Book Value Per Share Growth Rate was -14.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Harfang Exploration was 14.90% per year. The lowest was -6.20% per year. And the median was 7.95% per year.

Back to Basics: PB Ratio


Harfang Exploration PB Ratio Historical Data

The historical data trend for Harfang Exploration'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.

Harfang Exploration PB Ratio Chart

Harfang Exploration Annual Data
Trend Oct14 Oct15 Oct16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.90 2.81 1.87 0.80 0.59

Harfang Exploration Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.63 0.60 0.59 0.48 0.39

Competitive Comparison of Harfang Exploration's PB Ratio

For the Other Industrial Metals & Mining subindustry, Harfang Exploration'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.


Harfang Exploration's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Harfang Exploration's PB Ratio falls into.



Harfang Exploration 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.

Harfang Exploration's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jul. 2024)
=0.07/0.229
=0.31

* 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.


Harfang Exploration  (TSXV:HAR) 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.


Harfang Exploration PB Ratio Related Terms

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


Harfang Exploration Business Description

Traded in Other Exchanges
Address
1100 Avenue des Canadiens-de-Montreal, Suite 300, Montreal, QC, CAN, H3B 2S2
Harfang Exploration Inc is an exploration and evaluation stage company. The company is engaged in the business of acquiring and exploring mineral properties in Canada. The company's focus is currently on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Quebec for gold and lithium and in northeastern Ontario for gold. Its project portfolio includes Lake Menarik, Menarik East, Serpent, Lake Fagnant, and Lake Aulneau properties, Lake Tapiatic Property, and others.
Executives
Ian James Campbell Director
Marc Pothier Senior Officer
François Goulet Director
Pierre Labbé Director or Senior Officer of 10% Security Holder
Sean Roosen Director or Senior Officer of 10% Security Holder
André Gaumond Director

Harfang Exploration Headlines

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