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T2 Metals (STU:WJ6) Price-to-Tangible-Book : 3.12 (As of May. 15, 2024)


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What is T2 Metals Price-to-Tangible-Book?

As of today (2024-05-15), T2 Metals's share price is €0.159. T2 Metals's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was €0.05. Hence, T2 Metals's Price to Tangible Book Ratio of today is 3.12.

The historical rank and industry rank for T2 Metals's Price-to-Tangible-Book or its related term are showing as below:

STU:WJ6' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36   Med: 2.06   Max: 18.75
Current: 3.18

During the past 13 years, T2 Metals's highest Price to Tangible Book Ratio was 18.75. The lowest was 0.36. And the median was 2.06.

STU:WJ6's Price-to-Tangible-Book is ranked worse than
77.79% of 2229 companies
in the Metals & Mining industry
Industry Median: 1.33 vs STU:WJ6: 3.18

A closely related ratio is called PB Ratio. As of today, T2 Metals's share price is €0.159. T2 Metals's Book Value per Sharefor the quarter that ended in Jan. 2024 was €0.05. Hence, T2 Metals's P/B Ratio of today is 3.12.


T2 Metals Price-to-Tangible-Book Historical Data

The historical data trend for T2 Metals'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.

T2 Metals Price-to-Tangible-Book Chart

T2 Metals Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.01 2.78

T2 Metals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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 4.45 3.28 1.85 1.58 1.82

Competitive Comparison of T2 Metals's Price-to-Tangible-Book

For the Copper subindustry, T2 Metals'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.


T2 Metals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, T2 Metals's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where T2 Metals's Price-to-Tangible-Book falls into.



T2 Metals Price-to-Tangible-Book Calculation

T2 Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=0.159/0.051
=3.12

* 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.


T2 Metals Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of T2 Metals's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


T2 Metals (STU:WJ6) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
T2 Metals Corp is engaged in the discovery of gold, silver, and copper. The company has acquired 100% ownership through staking, the Cora copper project, located in Pinal County, Arizona. The company targets under-explored districts where post-mineralization cover masks areas of high geological prospectivity in the vicinity of major mines. Its projects include Lida project and Sherridon project.

T2 Metals (STU:WJ6) Headlines

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