The historical rank and industry rank for Contango Ore's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Contango Ore's highest Price to Tangible Book Ratio was 93.46. The lowest was 3.09. And the median was 11.21.
CTGO's Price-to-Tangible-Book is not ranked *
in the Metals & Mining industry.
Industry Median: 1.33 * Ranked among companies with meaningful Price-to-Tangible-Book only.
Contango Ore Price-to-Tangible-Book Historical Data
The historical data trend for Contango Ore'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.
Competitive Comparison of Contango Ore's Price-to-Tangible-Book
For the Gold subindustry, Contango Ore'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.
Contango Ore's Price-to-Tangible-Book Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Contango Ore's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Contango Ore's Price-to-Tangible-Book falls into.
Contango Ore Price-to-Tangible-Book Calculation
Contango Ore's price-to-tangible-book ratio for today is calculated as:
* 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.
Contango Ore Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Contango Ore's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Contango Ore Inc operates in the United States. The company is engaged in the exploration of gold, silver, and copper ores in the State of Alaska. The company's primary focus is the exploration of a mineral lease with the Native Village of Tetlin whose governmental entity is the Tetlin Tribal Council for the exploration of minerals near Tok, Alaska. It has formed a joint venture to advance exploration of the Tetlin Property, which is prospective for gold and associated minerals. The Tetlin Property is located in the Tetlin Hills and Mentasta Mountains of eastern interior Alaska.
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