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Spearmint Resources (Spearmint Resources) Price-to-Tangible-Book : 1.09 (As of May. 16, 2024)


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

As of today (2024-05-16), Spearmint Resources's share price is $0.012. Spearmint Resources's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $0.01. Hence, Spearmint Resources's Price to Tangible Book Ratio of today is 1.09.

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

SPMTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5   Med: 5.26   Max: 23.33
Current: 0.6

During the past 13 years, Spearmint Resources's highest Price to Tangible Book Ratio was 23.33. The lowest was 0.50. And the median was 5.26.

SPMTF's Price-to-Tangible-Book is ranked better than
72.13% of 2228 companies
in the Metals & Mining industry
Industry Median: 1.35 vs SPMTF: 0.60

A closely related ratio is called PB Ratio. As of today, Spearmint Resources's share price is $0.012. Spearmint Resources's Book Value per Sharefor the quarter that ended in Oct. 2023 was $0.01. Hence, Spearmint Resources's P/B Ratio of today is 1.09.


Spearmint Resources Price-to-Tangible-Book Historical Data

The historical data trend for Spearmint 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.

* Premium members only.

Spearmint Resources Price-to-Tangible-Book Chart

Spearmint Resources Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.29 4.83 7.83 7.87 3.15

Spearmint Resources Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 3.41 3.15 2.78 3.48 1.82

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

For the Other Industrial Metals & Mining subindustry, Spearmint 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.


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

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

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



Spearmint Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=0.012/0.011
=1.09

* 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.


Spearmint Resources Price-to-Tangible-Book Related Terms

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


Spearmint Resources (Spearmint Resources) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2905, Vancouver, BC, CAN, V7Y 1K8
Spearmint Resources Inc is an exploration stage public company. Its business activities include acquiring and exploring exploration and evaluation assets. Geographically, the group has a business presence in Canada and the United States. Some of the company's projects are Chibougamau Vanadium Prospects, EL North Nickel-Copper Prospects, NEBA Copper-Gold Prospects, QC Chibougamau Vanadium Prospects - Staking, QC Perron-East Gold Prospects - Staking, Nevada Elon and McGee Properties, Nevada Green Clay Lithium Project, NL Goose Gold Property, ON Escape Lake North PGM Project, BC EL North Nickel-Copper Prospects, BC NEBA Copper-Gold Prospects, BC Safari Copper-Gold Property and BC Hammernose Gold Property.