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Faircourt Goldome (TSX:FGX) Price-to-Tangible-Book : 1.17 (As of May. 26, 2024)


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What is Faircourt Goldome Price-to-Tangible-Book?

As of today (2024-05-26), Faircourt Goldome's share price is C$3.24. Faircourt Goldome's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$2.77. Hence, Faircourt Goldome's Price to Tangible Book Ratio of today is 1.17.

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

TSX:FGX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.66   Med: 0.98   Max: 1.17
Current: 1.17

During the past 13 years, Faircourt Goldome's highest Price to Tangible Book Ratio was 1.17. The lowest was 0.66. And the median was 0.98.

TSX:FGX's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.96 vs TSX:FGX: 1.17

A closely related ratio is called PB Ratio. As of today, Faircourt Goldome's share price is C$3.24. Faircourt Goldome's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$2.77. Hence, Faircourt Goldome's P/B Ratio of today is 1.17.


Faircourt Goldome Price-to-Tangible-Book Historical Data

The historical data trend for Faircourt Goldome'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.

Faircourt Goldome Price-to-Tangible-Book Chart

Faircourt Goldome 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 0.85 0.66 0.85 0.99 1.17

Faircourt Goldome 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 0.85 1.04 0.99 1.07 1.17

Competitive Comparison of Faircourt Goldome's Price-to-Tangible-Book

For the Asset Management subindustry, Faircourt Goldome'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.


Faircourt Goldome's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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



Faircourt Goldome Price-to-Tangible-Book Calculation

Faircourt Goldome's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=3.24/2.768
=1.17

* 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.


Faircourt Goldome Price-to-Tangible-Book Related Terms

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


Faircourt Goldome (TSX:FGX) Business Description

Traded in Other Exchanges
N/A
Address
120 Adelaide Street West, Suite 2107, Toronto, ON, CAN, M5H 1T1
Faircourt Gold Income Corp is a closed-end investment fund/investment trust. The company's investment objective is to provide shareholders with monthly distributions and the opportunity for capital appreciation. It provides investors with exposure to the various companies involved in gold exploration, mining or production, while also providing a tax-efficient yield in the form of monthly distributions. Geographically the group operates throughout the region of Canada.

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