TinOne Resources (TSXV:TORC) PB Ratio : 0.21 (As of Dec. 13, 2024)

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What is TinOne 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), TinOne Resources's share price is C$0.085. TinOne Resources's Book Value per Share for the quarter that ended in Sep. 2024 was C$0.40. Hence, TinOne Resources's PB Ratio of today is 0.21.

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

TSXV:TORC' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 90
Current: 0.21

During the past 6 years, TinOne Resources's highest PB Ratio was 90.00. The lowest was 0.00. And the median was 0.00.

TSXV:TORC's PB Ratio is ranked better than
95.82% of 2321 companies
in the Metals & Mining industry
Industry Median: 1.36 vs TSXV:TORC: 0.21

During the past 12 months, TinOne Resources's average Book Value Per Share Growth Rate was -34.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 68.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 123.50% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of TinOne Resources was 320.80% per year. The lowest was 68.70% per year. And the median was 146.20% per year.

Back to Basics: PB Ratio

TinOne Resources PB Ratio Historical Data

The historical data trend for TinOne 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.

TinOne Resources PB Ratio Chart

TinOne Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

PB Ratio

Get a 7-Day Free Trial

1.79

1.67

0.39

TinOne Resources Quarterly Data
	Jun19	Jun20	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial												0.89	0.49	0.36	0.39	0.28

Competitive Comparison of TinOne Resources's PB Ratio

For the Gold subindustry, TinOne 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.

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

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

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

TinOne 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	0.085	/	0.404
	=	0.21

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.

TinOne Resources (TSXV:TORC) 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.

TinOne Resources PB Ratio Related Terms

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TinOne Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TinOne Resources Inc (TSXV:TORC) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

TORCF:USA 57Z:Germany

Address

1111 West Hasting Street, Suite 600, Vancouver, BC, CAN, V6E 2J3

Website

https://www.tinone.ca

TinOne Resources Inc is a mining exploration company. Its mineral exploration activities are focused on underexplored regions in Eastern Australia and New Zealand, to assemble a portfolio of high-quality gold assets. The company's projects include the Panama Gold Project, Great Pyramid Tin Project, Aberfoyle Tin Project, NSW Tin Projects, and Otago Goldfields Applications. The company earns its maximum revenue from Australia.

Executives