TCKRF (Teck Resources) Price-to-Tangible-Book : 1.33 (As of Dec. 11, 2024)

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

As of today (2024-12-11), Teck Resources's share price is $46.50. Teck Resources's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $34.84. Hence, Teck Resources's Price to Tangible Book Ratio of today is 1.33.

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

TCKRF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.2 Med: 0.83 Max: 1.5
Current: 1.37

During the past 13 years, Teck Resources's highest Price to Tangible Book Ratio was 1.50. The lowest was 0.20. And the median was 0.83.

TCKRF's Price-to-Tangible-Book is ranked worse than
51.55% of 2167 companies
in the Metals & Mining industry
Industry Median: 1.3 vs TCKRF: 1.37

A closely related ratio is called PB Ratio. As of today, Teck Resources's share price is $46.50. Teck Resources's Book Value per Sharefor the quarter that ended in Sep. 2024 was $35.73. Hence, Teck Resources's P/B Ratio of today is 1.30.

Teck Resources Price-to-Tangible-Book Historical Data

The historical data trend for Teck 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.

Teck Resources Price-to-Tangible-Book Chart

Teck Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.63

0.75

0.88

1.14

Teck Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.09	1.14	1.30	1.34	1.47

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

For the Other Industrial Metals & Mining subindustry, Teck 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.

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

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

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

Teck Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2024 )
	=	46.50	/	34.839
	=	1.33

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Teck Resources Price-to-Tangible-Book Related Terms

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

Teck Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teck Resources Ltd (OTCPK:TCKRF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TECK:USA TECK:Mexico TPT:Germany TEKB:Germany TPT:Germany TEKB:Germany TECK.B:Canada TECK.A:Canada

Address

550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3

Website

https://www.teck.com

Teck is a base metals miner with copper and zinc operations in Canada, the United States, Chile, and Peru. After selling its metallurgical coal business, copper is now its major commodity by EBITDA contribution, followed by zinc. Teck is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 75%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low-carbon metals such as copper. It sold its oil sands business in early 2023 and its coal business in mid-2024.