MRTMF (Maritime Resources) Price-to-Tangible-Book : 1.94 (As of Apr. 30, 2025)

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

As of today (2025-04-30), Maritime Resources's share price is $0.07. Maritime Resources's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was $0.04. Hence, Maritime Resources's Price to Tangible Book Ratio of today is 1.94.

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

MRTMF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.57 Med: 1.18 Max: 2.67
Current: 2.33

During the past 13 years, Maritime Resources's highest Price to Tangible Book Ratio was 2.67. The lowest was 0.57. And the median was 1.18.

MRTMF's Price-to-Tangible-Book is ranked worse than
65.33% of 2146 companies
in the Metals & Mining industry
Industry Median: 1.425 vs MRTMF: 2.33

A closely related ratio is called PB Ratio. As of today, Maritime Resources's share price is $0.07. Maritime Resources's Book Value per Sharefor the quarter that ended in Dec. 2024 was $0.04. Hence, Maritime Resources's P/B Ratio of today is 1.94.

Maritime Resources Price-to-Tangible-Book Historical Data

The historical data trend for Maritime 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.

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Maritime Resources Price-to-Tangible-Book Chart

Maritime Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Price-to-Tangible-Book

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1.82

1.57

0.68

0.56

0.98

Maritime Resources Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.56	0.75	0.84	0.88	0.98

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

For the Gold subindustry, Maritime 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.

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

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

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

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Maritime Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2024 )
	=	0.07	/	0.036
	=	1.94

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.

Maritime Resources Price-to-Tangible-Book Related Terms

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

Maritime Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Maritime Resources Corp (OTCPK:MRTMF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MAE:Canada

Address

650 West Georgia Street, Suite 3200, Vancouver, BC, CAN, V6B 4P7

Website

https://www.maritimeresourcescorp.com

Maritime Resources Corp is a gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador. It holds interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property which includes the former Hammerdown gold mine and the Orion gold project. Maritime controls over 439 km2 of exploration land including the Green Bay, Whisker Valley, Gull Ridge, and Point Rousse projects.