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Tearlach Resources (TSXV:TEA) PB Ratio : 1.18 (As of Dec. 13, 2024)


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What is Tearlach 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 (2024-12-13), Tearlach Resources's share price is C$0.02. Tearlach Resources's Book Value per Share for the quarter that ended in Jun. 2024 was C$0.02. Hence, Tearlach Resources's PB Ratio of today is 1.18.

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

TSXV:TEA' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.67
Current: 1.18

During the past 13 years, Tearlach Resources's highest PB Ratio was 6.67. The lowest was 0.00. And the median was 0.00.

TSXV:TEA's PB Ratio is ranked worse than
53.25% of 2321 companies
in the Metals & Mining industry
Industry Median: 1.36 vs TSXV:TEA: 1.18

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tearlach Resources was 72.90% per year. The lowest was -63.80% per year. And the median was -10.50% per year.

Back to Basics: PB Ratio


Tearlach Resources PB Ratio Historical Data

The historical data trend for Tearlach 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.

Tearlach Resources PB Ratio Chart

Tearlach 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 - - - - 2.16

Tearlach Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 2.16 1.55 1.67 1.18

Competitive Comparison of Tearlach Resources's PB Ratio

For the Other Industrial Metals & Mining subindustry, Tearlach 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.


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

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

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



Tearlach 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=0.02/0.017
=1.18

* 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.


Tearlach Resources  (TSXV:TEA) 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.


Tearlach Resources PB Ratio Related Terms

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


Tearlach Resources Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1H2
Tearlach Resources Ltd is a British Columbia, Canada incorporated company engaged in the acquisition, exploration, and development of lithium projects in the Americas. Its projects include The Pakwan and Margot lithium project, Harth Lithium Project , Wesley Lithium Project, Savant East Project, Ferland Project, the Gabriel project, Georgina Stairs Properties, The Shelby project, Fliszar, Rose North and Muscovite Lithium Properties and Rhyolite Peak .
Executives
David Charles Flint Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Lindsay Richard Bottomer Director
Raymond Strafehl Director

Tearlach Resources Headlines

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