Nickel 28 Capital (Nickel 28 Capital) Price-to-Tangible-Book : 0.42 (As of Apr. 29, 2024)

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What is Nickel 28 Capital Price-to-Tangible-Book?

As of today (2024-04-29), Nickel 28 Capital's share price is $0.4294. Nickel 28 Capital's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $1.03. Hence, Nickel 28 Capital's Price to Tangible Book Ratio of today is 0.42.

The historical rank and industry rank for Nickel 28 Capital's Price-to-Tangible-Book or its related term are showing as below:

CONXF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.16 Med: 0.68 Max: 1.49
Current: 0.42

During the past 4 years, Nickel 28 Capital's highest Price to Tangible Book Ratio was 1.49. The lowest was 0.16. And the median was 0.68.

CONXF's Price-to-Tangible-Book is ranked better than
87.98% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.33 vs CONXF: 0.42

A closely related ratio is called PB Ratio. As of today, Nickel 28 Capital's share price is $0.4294. Nickel 28 Capital's Book Value per Sharefor the quarter that ended in Oct. 2023 was $1.03. Hence, Nickel 28 Capital's P/B Ratio of today is 0.42.

Nickel 28 Capital Price-to-Tangible-Book Historical Data

The historical data trend for Nickel 28 Capital'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.

Nickel 28 Capital Price-to-Tangible-Book Chart

Nickel 28 Capital Annual Data

Trend

Dec19

Dec20

Jan22

Jan23

Price-to-Tangible-Book

0.46

0.99

0.75

Nickel 28 Capital Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Price-to-Tangible-Book	Get a 7-Day Free Trial											0.61	0.75	0.89	0.88	0.60

Competitive Comparison of Nickel 28 Capital's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital'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.

Nickel 28 Capital's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nickel 28 Capital's Price-to-Tangible-Book falls into.

Nickel 28 Capital Price-to-Tangible-Book Calculation

Nickel 28 Capital's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Oct. 2023 )
	=	0.4294	/	1.032
	=	0.42

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Nickel 28 Capital Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Nickel 28 Capital's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Nickel 28 Capital (Nickel 28 Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel 28 Capital Corp (OTCPK:CONXF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

3JC:Germany NKL:Canada

Address

155 University Avenue, Suite 1240, Toronto, ON, CAN, M5H 3B7

Website

https://www.nickel28.com

Nickel 28 Capital Corp is a nickel-cobalt producer in Canada. Nickel-cobalt production comes from its joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea provides it with significant attributable nickel and cobalt production thereby offering shareholders direct exposure to two metals that are critical to the adoption of electric vehicles. In addition, the company manages a portfolio of around 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.