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McFarlane Lake Mining (McFarlane Lake Mining) Price-to-Tangible-Book : 14.75 (As of May. 24, 2024)


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What is McFarlane Lake Mining Price-to-Tangible-Book?

As of today (2024-05-24), McFarlane Lake Mining's share price is $0.0295. McFarlane Lake Mining's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $0.00. Hence, McFarlane Lake Mining's Price to Tangible Book Ratio of today is 14.75.

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

During the past 2 years, McFarlane Lake Mining's highest Price to Tangible Book Ratio was 66.67. The lowest was 2.63. And the median was 13.00.

MLMLF's Price-to-Tangible-Book is not ranked *
in the Metals & Mining industry.
Industry Median: 1.38
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, McFarlane Lake Mining's share price is $0.0295. McFarlane Lake Mining's Book Value per Sharefor the quarter that ended in Feb. 2024 was $0.00. Hence, McFarlane Lake Mining's P/B Ratio of today is 14.75.


McFarlane Lake Mining Price-to-Tangible-Book Historical Data

The historical data trend for McFarlane Lake Mining'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.

McFarlane Lake Mining Price-to-Tangible-Book Chart

McFarlane Lake Mining Annual Data
Trend Aug22 Aug23
Price-to-Tangible-Book
49.96 -

McFarlane Lake Mining Quarterly Data
Jun21 Sep21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - 11.00 29.50

Competitive Comparison of McFarlane Lake Mining's Price-to-Tangible-Book

For the Gold subindustry, McFarlane Lake Mining'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.


McFarlane Lake Mining's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where McFarlane Lake Mining's Price-to-Tangible-Book falls into.



McFarlane Lake Mining Price-to-Tangible-Book Calculation

McFarlane Lake Mining's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=0.0295/0.002
=14.75

* 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 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.


McFarlane Lake Mining Price-to-Tangible-Book Related Terms

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


McFarlane Lake Mining (McFarlane Lake Mining) Business Description

Traded in Other Exchanges
Address
15 Kincora Court, Sudbury, ON, CAN, P3E 2B9
McFarlane Lake Mining Ltd is a gold exploration and development company currently engaged in the acquisition & assessment of gold properties. Its properties include High Lake, West Hawk Lake, Munro, and McMillan. The company has acquired six gold properties. It is a Canadian gold exploration and development company.