GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resource Centrix Holdings Inc (XCNQ:RECE) » Definitions » PB Ratio

Resource Centrix Holdings (XCNQ:RECE) PB Ratio : 800.00 (As of Jun. 19, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Resource Centrix Holdings 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 (2024-06-19), Resource Centrix Holdings's share price is C$2.40. Resource Centrix Holdings's Book Value per Share for the quarter that ended in Jan. 2024 was C$0.00. Hence, Resource Centrix Holdings's PB Ratio of today is 800.00.

The historical rank and industry rank for Resource Centrix Holdings's PB Ratio or its related term are showing as below:

XCNQ:RECE' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 800
Current: 800

During the past 3 years, Resource Centrix Holdings's highest PB Ratio was 800.00. The lowest was 0.00. And the median was 0.00.

XCNQ:RECE's PB Ratio is ranked worse than
100% of 2378 companies
in the Metals & Mining industry
Industry Median: 1.33 vs XCNQ:RECE: 800.00

During the past 12 months, Resource Centrix Holdings's average Book Value Per Share Growth Rate was -90.90% per year.

Back to Basics: PB Ratio


Resource Centrix Holdings PB Ratio Historical Data

The historical data trend for Resource Centrix Holdings'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.

Resource Centrix Holdings PB Ratio Chart

Resource Centrix Holdings Annual Data
Trend Jan22 Jan23 Jan24
PB Ratio
- - 500.00

Resource Centrix Holdings Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
PB Ratio Get a 7-Day Free Trial Premium Member Only - - - 32.61 500.00

Competitive Comparison of Resource Centrix Holdings's PB Ratio

For the Other Industrial Metals & Mining subindustry, Resource Centrix Holdings'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.


Resource Centrix Holdings's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Resource Centrix Holdings's PB Ratio falls into.



Resource Centrix Holdings 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.

Resource Centrix Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2024)
=2.40/0.003
=800.00

* 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.


Resource Centrix Holdings  (XCNQ:RECE) 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.


Resource Centrix Holdings PB Ratio Related Terms

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


Resource Centrix Holdings (XCNQ:RECE) Business Description

Traded in Other Exchanges
N/A
Address
2211 Wall Street, No. 406, Vancouver, BC, CAN, V5L 1G4
Website
Resource Centrix Holdings Inc is a junior mineral exploration company focused primarily on the identification, acquisition, evaluation, exploration, discovery and development of mineral properties and deposits in Canada. The Corporation has the sole, immediate, exclusive and irrevocable option to acquire a 100% undivided interest over a four-year period in 2 mineral claims in the Sylvest Property, located in the Omineca Mining Division, British Columbia.

Resource Centrix Holdings (XCNQ:RECE) Headlines

No Headlines