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G Mining Ventures (TSX:GMIN) Price-to-Tangible-Book : 2.83 (As of May. 12, 2024)


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What is G Mining Ventures Price-to-Tangible-Book?

As of today (2024-05-12), G Mining Ventures's share price is C$2.23. G Mining Ventures's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.79. Hence, G Mining Ventures's Price to Tangible Book Ratio of today is 2.83.

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

TSX:GMIN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.94   Med: 2.16   Max: 13.05
Current: 2.82

During the past 5 years, G Mining Ventures's highest Price to Tangible Book Ratio was 13.05. The lowest was 0.94. And the median was 2.16.

TSX:GMIN's Price-to-Tangible-Book is ranked worse than
75.34% of 2230 companies
in the Metals & Mining industry
Industry Median: 1.35 vs TSX:GMIN: 2.82

A closely related ratio is called PB Ratio. As of today, G Mining Ventures's share price is C$2.23. G Mining Ventures's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.79. Hence, G Mining Ventures's P/B Ratio of today is 2.83.


G Mining Ventures Price-to-Tangible-Book Historical Data

The historical data trend for G Mining Ventures'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.

G Mining Ventures Price-to-Tangible-Book Chart

G Mining Ventures Annual Data
Trend Oct18 Oct19 Oct20 Dec22 Dec23
Price-to-Tangible-Book
- 2.53 13.05 0.94 1.79

G Mining Ventures Quarterly Data
Jul18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.94 1.36 1.39 1.56 1.79

Competitive Comparison of G Mining Ventures's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, G Mining Ventures'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.


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

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

* The bar in red indicates where G Mining Ventures's Price-to-Tangible-Book falls into.



G Mining Ventures Price-to-Tangible-Book Calculation

G Mining Ventures's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.23/0.788
=2.83

* 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.


G Mining Ventures Price-to-Tangible-Book Related Terms

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


G Mining Ventures (TSX:GMIN) Business Description

Traded in Other Exchanges
Address
7900 Boul. Taschereau, Building D, Suite 210, Brossard, QC, CAN, J4X 1C2
G Mining Ventures Corp is a mineral exploration company engaged in the acquisition, exploration and development of precious metal projects. Its flagship asset, the permitted Tocantinzinho Project, is located in Para State, Brazil. Tocantinzinho is an open-pit gold deposit containing around 2.0 million ounces of reserves at 1.3 g/t. The deposit is open at depth and the underexplored 688km2 land package presents an additional exploration potential. It has one operating segment, the exploration and development of mineral properties.

G Mining Ventures (TSX:GMIN) Headlines

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