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Red Canyon ResourcesREDRF 15 Price-to-Tangible-Book is 1.19 as of Sep. 12, 2026. GuruFocus rates REDRF with a GF Score™ of 15/100. Among 2,235 Metals & Mining companies, Red Canyon Resources ranks better than 75.3% on this metric.
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.
Red Canyon Resources Price-to-Tangible-Book Related Terms
Red Canyon Resources Price-to-Tangible-Book Historical Data
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The historical data trend for Red Canyon 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.
Red Canyon Resources Price-to-Tangible-Book Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Red Canyon 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.
Red Canyon Resources Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Red Canyon Resources's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Red Canyon Resources's Price-to-Tangible-Book falls into.
* 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.
Red Canyon Resources (REDRF) has a Price-to-Tangible-Book of 1.19 as of Sep. 12, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Red Canyon Resources and its competitors. According to the industry distribution chart, Red Canyon Resources ranks #552 out of 2235 companies in the Metals & Mining industry, placing it in the top 24.7%.
Is Red Canyon Resources' Price-to-Tangible-Book too high?
Red Canyon Resources' current Price-to-Tangible-Book is 1.19. The Metals & Mining industry median Price-to-Tangible-Book is 2.32. Red Canyon Resources' value of 1.19 is 48.7% below this industry median. Based on the distribution chart, Red Canyon Resources ranks #552 out of 2235 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Red Canyon Resources has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Red Canyon Resources' Price-to-Tangible-Book compare to competitors?
According to the Metals & Mining industry distribution chart, Red Canyon Resources ranks #552 out of 2235 companies for Price-to-Tangible-Book. This places Red Canyon Resources in the top 25% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 2.32. Red Canyon Resources' value of 1.19 is 48.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Metals & Mining company?
The median Price-to-Tangible-Book among Metals & Mining companies is 2.32, based on 2,235 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Red Canyon Resources's current Price-to-Tangible-Book of 1.19 is 48.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Red Canyon Resources and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Red Canyon Resources's current Price-to-Tangible-Book is 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Canyon Resources stock overvalued right now?
Red Canyon Resources (REDRF) has a current Price-to-Tangible-Book of 1.19. The current Price-to-Tangible-Book is 1.19 and 48.7% below the Metals & Mining industry median of 2.32. Red Canyon Resources' overall GF Score™ is 15/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Red Canyon Resources (REDRF), the current Price-to-Tangible-Book is 1.19 as of Sep. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Red Canyon Resources Ltd is a mineral resource company principally engaged in the acquisition and exploration of mineral property assets in Canada and the United States. Its projects are BC projects, including Peak, Kendal, Ping, SP, and Inzana; and the United States projects, including Scraper Springs and Keg. It has two geographic segments: Canada and the USA. It generates the majority of its revenue from Canada.
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