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TMRC (Texas Mineral Resources) PB Ratio : 20.75 (As of Sep. 20, 2024)


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What is Texas Mineral 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 (2024-09-20), 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:

TMRC' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 91.12
Current: 29.05

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.

TMRC's PB Ratio is ranked worse than
98.99% of 2365 companies
in the Metals & Mining industry
Industry Median: 1.25 vs TMRC: 29.05

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.

Back to Basics: PB Ratio


Texas Mineral Resources PB Ratio Historical Data

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.

* Premium members only.

Texas Mineral Resources PB Ratio Chart

Texas Mineral Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 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 37.92 39.25 18.38 25.05 24.28

Competitive Comparison of Texas Mineral Resources's PB Ratio

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.


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

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.



Texas Mineral 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.

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:

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.


Texas Mineral Resources PB Ratio Related Terms

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.


Texas Mineral Resources Business Description

Traded in Other Exchanges
N/A
Address
539 El Paso Street, Sierra Blanca, TX, USA, 79851
Texas Mineral Resources Corp is an exploration-stage mining company. It is predominantly engaged in the business of acquisition, exploration, and development of mineral properties. The group focuses on the development of a metallurgical process to concentrate or otherwise extract the metals from the Round Top Projects. Its flagship property includes the Round Top rare earths-uranium-beryllium project covering approximately 900 acres in Hudspeth County, Texas; and prospecting permits covering 9,345 acres adjacent to the Round Top project.
Executives
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

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