Temas Resources (XCNQ:TMAS) PB Ratio : 0.53 (As of Jun. 10, 2024)

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What is Temas 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 (2024-06-10), Temas Resources's share price is C$0.32. Temas Resources's Book Value per Share for the quarter that ended in Sep. 2023 was C$0.61. Hence, Temas Resources's PB Ratio of today is 0.53.

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

XCNQ:TMAS' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1277.36
Current: 0.53

During the past 5 years, Temas Resources's highest PB Ratio was 1277.36. The lowest was 0.00. And the median was 0.00.

XCNQ:TMAS's PB Ratio is ranked better than
84.71% of 2380 companies
in the Metals & Mining industry
Industry Median: 1.4 vs XCNQ:TMAS: 0.53

During the past 12 months, Temas Resources's average Book Value Per Share Growth Rate was -40.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 187.70% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Temas Resources was 187.70% per year. The lowest was 187.70% per year. And the median was 187.70% per year.

Back to Basics: PB Ratio

Temas Resources PB Ratio Historical Data

The historical data trend for Temas 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.

Temas Resources PB Ratio Chart

Temas Resources Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

4.56

1.20

0.49

Temas Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
PB Ratio	Get a 7-Day Free Trial															0.67	0.49	0.33	0.22	0.17

Competitive Comparison of Temas Resources's PB Ratio

For the Other Industrial Metals & Mining subindustry, Temas 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.

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

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

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

Temas 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.32	/	0.605
	=	0.53

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.

Temas Resources (XCNQ:TMAS) 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.

Temas Resources PB Ratio Related Terms

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Temas Resources (XCNQ:TMAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Temas Resources Corp (XCNQ:TMAS) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

TMASF:USA 26P0:Germany

Address

999 West Hastings Street, Suite 520, Vancouver, BC, CAN, V6C 2W2

Website

https://www.temasresources.com

Temas Resources Corp is focused on the advancement of mineral independence and the processes in which minerals are extracted in an environmentally friendly manner. It invests in and works to apply green technology across its mining portfolio to reduce the environmental impact and carbon footprint of metal extraction through advanced processing and patented leaching technologies. Its flagship properties are located in the stable, mining-friendly jurisdiction of Quebec (Canada) bordering Vermont, Maine, and New York State (U.S.) in an area known as the Grenville Geological Province. The Grenville Geological Province is home to Lac Tio, the solid ilmenite deposit in the world.

Executives

Samuel Anthony Kyler Hardy

Director

Temas Resources (XCNQ:TMAS) Headlines

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