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Noble Mineral Exploration (Noble Mineral Exploration) Price-to-Tangible-Book : 1.10 (As of May. 13, 2024)


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What is Noble Mineral Exploration Price-to-Tangible-Book?

As of today (2024-05-13), Noble Mineral Exploration's share price is $0.0395. Noble Mineral Exploration's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $0.04. Hence, Noble Mineral Exploration's Price to Tangible Book Ratio of today is 1.10.

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

NLPXF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.27   Med: 1.36   Max: 7.7
Current: 0.99

During the past 13 years, Noble Mineral Exploration's highest Price to Tangible Book Ratio was 7.70. The lowest was 0.27. And the median was 1.36.

NLPXF's Price-to-Tangible-Book is ranked better than
62.19% of 2232 companies
in the Metals & Mining industry
Industry Median: 1.35 vs NLPXF: 0.99

A closely related ratio is called PB Ratio. As of today, Noble Mineral Exploration's share price is $0.0395. Noble Mineral Exploration's Book Value per Sharefor the quarter that ended in Feb. 2024 was $0.04. Hence, Noble Mineral Exploration's P/B Ratio of today is 1.10.


Noble Mineral Exploration Price-to-Tangible-Book Historical Data

The historical data trend for Noble Mineral Exploration'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.

Noble Mineral Exploration Price-to-Tangible-Book Chart

Noble Mineral Exploration Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.20 1.08 1.20 1.07

Noble Mineral Exploration Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Aug20 Nov20 May21 Aug21 Nov21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.54 1.12 1.07 1.36 1.29

Competitive Comparison of Noble Mineral Exploration's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Noble Mineral Exploration'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.


Noble Mineral Exploration's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Noble Mineral Exploration's Price-to-Tangible-Book falls into.



Noble Mineral Exploration Price-to-Tangible-Book Calculation

Noble Mineral Exploration's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=0.0395/0.036
=1.10

* 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.


Noble Mineral Exploration Price-to-Tangible-Book Related Terms

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Noble Mineral Exploration (Noble Mineral Exploration) Business Description

Traded in Other Exchanges
N/A
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Noble Mineral Exploration Inc is a Canadian-based junior exploration company that is engaged in the mineral exploration and evaluation business. The company's projects include Project 81, Holdsworth Property, and other projects. It has exploration and development interests in Northern Ontario and Quebec that are drill-ready. The company has a single reporting operating segment engaged in the exploration and evaluation of mineral resource.