TMRC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
TMRC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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 (2024-09-20), Texas Mineral Resources's share price is $0.2905. Texas Mineral Resources's Book Value per Share for the quarter that ended in May. 2024 was $0.01. Hence, Texas Mineral Resources's PB Ratio of today is 20.75.
The historical rank and industry rank for Texas Mineral Resources's PB Ratio or its related term are showing as below:
During the past 13 years, Texas Mineral Resources's highest PB Ratio was 91.12. The lowest was 0.00. And the median was 0.00.
During the past 12 months, Texas Mineral Resources's average Book Value Per Share Growth Rate was -41.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -13.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Texas Mineral Resources was 370.30% per year. The lowest was -53.00% per year. And the median was -28.45% per year.
The historical data trend for Texas Mineral 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.
Texas Mineral Resources Annual Data | |||||||||||||||||||||
Trend | Aug14 | Aug15 | Aug16 | Aug17 | Aug18 | Aug19 | Aug20 | Aug21 | Aug22 | Aug23 | |||||||||||
PB Ratio | Get a 7-Day Free Trial | 29.23 | 50.65 | 20.00 | 47.38 | 39.25 |
Texas Mineral Resources Quarterly Data | ||||||||||||||||||||
Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | May24 | |
PB Ratio | Get a 7-Day Free Trial | 37.92 | 39.25 | 18.38 | 25.05 | 24.28 |
For the Other Industrial Metals & Mining subindustry, Texas Mineral 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.
For the Metals & Mining industry and Basic Materials sector, Texas Mineral Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Texas Mineral Resources's PB Ratio falls into.
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.
Texas Mineral Resources's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: May. 2024) |
= | 0.2905 | / | 0.014 | |
= | 20.75 |
* 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:
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.
Texas Mineral Resources (OTCPK:TMRC) 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.
Thank you for viewing the detailed overview of Texas Mineral Resources's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Cecil C Wall | director | 3 RIVERWAY, STE. 1800, HOUSTON TX 77056 |
Anthony G. Marchese | director | 15 BADEAU AVENUE, SUMMIT X1 07901 |
Lavern K Lund | director | 5875 LANDERBROOK DRIVE, SUITE 220, CLEVELAND OH 44124 |
Clark Moseley | director | PO BOX 2466, SIOUX FALLS SD 57101 |
Kevin A. Francis | director | 553 SAGE CIRCLE, HIGHLANDS RANCH CO 80126 |
Peter Jr. Denetclaw | director | 6040 SANTA CLARA DR, FARMINGTON NM 87402 |
Chris Mathers | officer: CFO | 7 COPANA PT., ROCKPORT TX 78382 |
Daniel E Gorski | director, officer: Chief Executive Officer | 7 COPANO PT. RD., ROCKPORT TX 78382 |
Nicholas Pingitore | director | C/O TEXAS RARE EARTH RESOURCES CORP., 304 INVERNESS WAY SOUTH, SUITE 365, ENGLEWOOD CO 80112 |
Sc Fundamental Llc | director | 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017 |
Navajo Transitional Energy Company, Llc | 10 percent owner | PO BOX 11, FARMINGTON NM 87499 |
Edward A Collery | other: Member of 10% owner group | C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017 |
Sc Fundamental Llc Employee Savings & Profit Sharing Plan | 10 percent owner | C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017 |
Peter M Collery | director | C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017 |
Neil H Koffler | director | C/O SC FUNDAMENTAL LLC, 747 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017 |
From GuruFocus
By GuruFocusNews GuruFocusNews • 06-09-2022
By GuruFocusNews GuruFocusNews • 06-13-2022
By GuruFocusNews GuruFocusNews • 06-23-2022
By Marketwired • 06-27-2023
By Marketwired Marketwired • 08-02-2021
By Marketwired Marketwired • 10-25-2021
By GuruFocusNews GuruFocusNews • 12-10-2021
By Marketwired Marketwired • 04-22-2021
By Marketwired Marketwired • 05-20-2021
By GlobeNewswire GlobeNewswire • 12-23-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.