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Precious Metals and Mining Trust (Precious Metals and Mining Trust) Price-to-Tangible-Book : 0.80 (As of Apr. 30, 2024)


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What is Precious Metals and Mining Trust Price-to-Tangible-Book?

As of today (2024-04-30), Precious Metals and Mining Trust's share price is $1.09. Precious Metals and Mining Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.36. Hence, Precious Metals and Mining Trust's Price to Tangible Book Ratio of today is 0.80.

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

PMMTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.89   Med: 0.93   Max: 1.12
Current: 0.95

During the past 13 years, Precious Metals and Mining Trust's highest Price to Tangible Book Ratio was 1.12. The lowest was 0.89. And the median was 0.93.

PMMTF's Price-to-Tangible-Book is ranked worse than
53.67% of 1623 companies
in the Asset Management industry
Industry Median: 0.94 vs PMMTF: 0.95

A closely related ratio is called PB Ratio. As of today, Precious Metals and Mining Trust's share price is $1.09. Precious Metals and Mining Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.36. Hence, Precious Metals and Mining Trust's P/B Ratio of today is 0.80.


Precious Metals and Mining Trust Price-to-Tangible-Book Historical Data

The historical data trend for Precious Metals and Mining Trust'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.

Precious Metals and Mining Trust Price-to-Tangible-Book Chart

Precious Metals and Mining Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.89 0.89 0.79 0.85

Precious Metals and Mining Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.89 0.77 0.79 0.74 0.85

Competitive Comparison of Precious Metals and Mining Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Precious Metals and Mining Trust'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.


Precious Metals and Mining Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Precious Metals and Mining Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Precious Metals and Mining Trust's Price-to-Tangible-Book falls into.



Precious Metals and Mining Trust Price-to-Tangible-Book Calculation

Precious Metals and Mining Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.09/1.357
=0.80

* 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.


Precious Metals and Mining Trust Price-to-Tangible-Book Related Terms

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


Precious Metals and Mining Trust (Precious Metals and Mining Trust) Business Description

Traded in Other Exchanges
Address
15 York Street, Second Floor, Toronto, ON, CAN, M5J 0A3
Precious Metals and Mining Trust is an investment trust operating in Canada. The investment objective of the company is to provide long-term capital appreciation and monthly cash distributions. The investment portfolio of the trust includes equity securities of metals and minerals mining and exploration issuers.

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