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Saltbae Capital (XCNQ:CUBE) PB Ratio : 0.23 (As of Jun. 04, 2024)


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What is Saltbae Capital 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 (2024-06-04), Saltbae Capital's share price is C$0.025. Saltbae Capital's Book Value per Share for the quarter that ended in Mar. 2019 was C$0.11. Hence, Saltbae Capital's PB Ratio of today is 0.23.

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

XCNQ:CUBE's PB Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.89
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Saltbae Capital PB Ratio Historical Data

The historical data trend for Saltbae Capital'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.

Saltbae Capital PB Ratio Chart

Saltbae Capital Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.92 6.00 4.74 7.44

Saltbae Capital Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 4.19 2.08 1.36 1.65 1.47

Competitive Comparison of Saltbae Capital's PB Ratio

For the Electrical Equipment & Parts subindustry, Saltbae Capital'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.


Saltbae Capital's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Saltbae Capital's PB Ratio distribution charts can be found below:

* The bar in red indicates where Saltbae Capital's PB Ratio falls into.



Saltbae Capital 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.

Saltbae Capital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2019)
=0.025/0.109
=0.23

* 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.


Saltbae Capital  (XCNQ:CUBE) 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.


Saltbae Capital PB Ratio Related Terms

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Saltbae Capital (XCNQ:CUBE) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 5700, First Canadian Place, Toronto, ON, CAN, M5X 1C7
Saltbae Capital Corp formerly CellCube Energy Storage Systems Inc is a Canadian company which acts as an integrated producer of vanadium and vanadium electrolytes for the energy storage industry. The principal activity is the exploration of its mineral properties in Canada and the United States. The company owns an interest in Bisoni-Mckay Property and Bisoni-Rio Property.

Saltbae Capital (XCNQ:CUBE) Headlines