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Mercado Minerals (XCNQ:MERC) PB Ratio : 8.46 (As of Mar. 29, 2025)


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What is Mercado Minerals 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 (2025-03-29), Mercado Minerals's share price is C$0.11. Mercado Minerals's Book Value per Share for the quarter that ended in Nov. 2024 was C$0.01. Hence, Mercado Minerals's PB Ratio of today is 8.46.

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

XCNQ:MERC' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 75.01
Current: 8.47

During the past 3 years, Mercado Minerals's highest PB Ratio was 75.01. The lowest was 0.00. And the median was 0.00.

XCNQ:MERC's PB Ratio is ranked worse than
91.47% of 2297 companies
in the Metals & Mining industry
Industry Median: 1.48 vs XCNQ:MERC: 8.47

During the past 12 months, Mercado Minerals's average Book Value Per Share Growth Rate was -7.10% per year.

Back to Basics: PB Ratio


Mercado Minerals PB Ratio Historical Data

The historical data trend for Mercado Minerals'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.

Mercado Minerals PB Ratio Chart

Mercado Minerals Annual Data
Trend Feb22 Feb23 Feb24
PB Ratio
- 3.16 3.18

Mercado Minerals Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 2.14 3.18 5.00 4.62 6.92

Competitive Comparison of Mercado Minerals's PB Ratio

For the Other Industrial Metals & Mining subindustry, Mercado Minerals'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.


Mercado Minerals's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Mercado Minerals's PB Ratio falls into.


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Mercado Minerals 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.

Mercado Minerals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Nov. 2024)
=0.11/0.013
=8.46

* 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.


Mercado Minerals  (XCNQ:MERC) 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.


Mercado Minerals PB Ratio Related Terms

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


Mercado Minerals Business Description

Traded in Other Exchanges
N/A
Address
551 Howe Street, Suite 200, Vancouver, BC, CAN, V6C 2C2
Website
Mercado Minerals Ltd formerly Heartfield Mining Corp is engaged in the acquisition and exploration of mineral property assets. It operates in one geographic location, Canada, and has one reportable segment, the exploration and evaluation of mineral resource properties.
Executives
Michael R. Dake Director
Sean Mcgrath Director, Senior Officer