GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tartisan Nickel Corp (OTCPK:TTSRF) » Definitions » PB Ratio

TTSRF (Tartisan Nickel) PB Ratio : 2.27 (As of Dec. 11, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Tartisan Nickel 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 (2024-12-11), Tartisan Nickel's share price is $0.145. Tartisan Nickel's Book Value per Share for the quarter that ended in Sep. 2024 was $0.06. Hence, Tartisan Nickel's PB Ratio of today is 2.27.

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

TTSRF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.27
Current: 2.07

During the past 13 years, Tartisan Nickel's highest PB Ratio was 7.27. The lowest was 0.00. And the median was 0.00.

TTSRF's PB Ratio is ranked worse than
69.62% of 2324 companies
in the Metals & Mining industry
Industry Median: 1.36 vs TTSRF: 2.07

During the past 12 months, Tartisan Nickel's average Book Value Per Share Growth Rate was -20.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -14.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 26.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tartisan Nickel was 59.40% per year. The lowest was -19.50% per year. And the median was 18.30% per year.

Back to Basics: PB Ratio


Tartisan Nickel PB Ratio Historical Data

The historical data trend for Tartisan Nickel'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.

Tartisan Nickel PB Ratio Chart

Tartisan Nickel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 2.51 2.26 1.03 0.98

Tartisan Nickel Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.70 1.59 0.98 1.37 2.27

Competitive Comparison of Tartisan Nickel's PB Ratio

For the Other Industrial Metals & Mining subindustry, Tartisan Nickel'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.


Tartisan Nickel's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Tartisan Nickel's PB Ratio falls into.



Tartisan Nickel 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.

Tartisan Nickel's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=0.145/0.064
=2.27

* 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.


Tartisan Nickel  (OTCPK:TTSRF) 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.


Tartisan Nickel PB Ratio Related Terms

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


Tartisan Nickel Business Description

Traded in Other Exchanges
Address
44 Victoria Street, Suite 1102, Toronto, ON, CAN, M5C 1Y2
Tartisan Nickel Corp is a Canadian mineral exploration and development company. It is engaged in the business of acquiring, exploring, and developing mineral properties. Geographically, it operates in Peru and Canada. The company properties include Sill Lake, Kenbridge, Turtle Pond, and Don Pancho.

Tartisan Nickel Headlines

From GuruFocus

Tartisan Nickel Corp. Reports on Annual General Meeting

By ACCESSWIRE ACCESSWIRE 10-19-2020