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Canterbury Resources (ASX:CBY) Price-to-Tangible-Book : 0.54 (As of Jun. 24, 2024)


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What is Canterbury Resources Price-to-Tangible-Book?

As of today (2024-06-24), Canterbury Resources's share price is A$0.043. Canterbury Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.08. Hence, Canterbury Resources's Price to Tangible Book Ratio of today is 0.54.

The historical rank and industry rank for Canterbury Resources's Price-to-Tangible-Book or its related term are showing as below:

ASX:CBY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.28   Med: 0.99   Max: 2.99
Current: 0.54

During the past 6 years, Canterbury Resources's highest Price to Tangible Book Ratio was 2.99. The lowest was 0.28. And the median was 0.99.

ASX:CBY's Price-to-Tangible-Book is ranked better than
77.86% of 2218 companies
in the Metals & Mining industry
Industry Median: 1.28 vs ASX:CBY: 0.54

A closely related ratio is called PB Ratio. As of today, Canterbury Resources's share price is A$0.043. Canterbury Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.08. Hence, Canterbury Resources's P/B Ratio of today is 0.54.


Canterbury Resources Price-to-Tangible-Book Historical Data

The historical data trend for Canterbury Resources's Price-to-Tangible-Book 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.

Canterbury Resources Price-to-Tangible-Book Chart

Canterbury Resources Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial 2.99 1.44 1.15 0.47 0.28

Canterbury Resources Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.47 0.49 0.28 0.32

Competitive Comparison of Canterbury Resources's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, Canterbury Resources's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Canterbury Resources's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Canterbury Resources's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Canterbury Resources's Price-to-Tangible-Book falls into.



Canterbury Resources Price-to-Tangible-Book Calculation

Canterbury Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.043/0.079
=0.54

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Canterbury Resources Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Canterbury Resources's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Canterbury Resources (ASX:CBY) Business Description

Traded in Other Exchanges
N/A
Address
55 Miller Street, Suite 301, Pyrmont, Sydney, NSW, AUS, 2009
Canterbury Resources Ltd is an Australia-based mineral exploration and development company. It focuses on porphyry copper-gold and epithermal gold-silver deposits in the southwest Pacific region, in particular in Australia and Papua New Guinea (PNG). Its project holdings include Ekuti Range Project, Wamum Project, and Bismarck Project in PNG; Briggs Project, Fig Tree Hill and Mannersley Project in Australia. Geographically, it operates in Papua New Guinea and Australia.

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