Taseko Mines (TSX:TKO) Price-to-Tangible-Book : 2.45 (As of Apr. 30, 2024)

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What is Taseko Mines Price-to-Tangible-Book?

As of today (2024-04-30), Taseko Mines's share price is C$3.62. Taseko Mines's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$1.48. Hence, Taseko Mines's Price to Tangible Book Ratio of today is 2.45.

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

TSX:TKO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.3 Med: 1.02 Max: 2.45
Current: 2.45

During the past 13 years, Taseko Mines's highest Price to Tangible Book Ratio was 2.45. The lowest was 0.30. And the median was 1.02.

TSX:TKO's Price-to-Tangible-Book is ranked worse than
71.36% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.325 vs TSX:TKO: 2.45

A closely related ratio is called PB Ratio. As of today, Taseko Mines's share price is C$3.62. Taseko Mines's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$1.50. Hence, Taseko Mines's P/B Ratio of today is 2.42.

Taseko Mines Price-to-Tangible-Book Historical Data

The historical data trend for Taseko Mines'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.

Taseko Mines Price-to-Tangible-Book Chart

Taseko Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.52

1.50

2.10

1.62

1.26

Taseko Mines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.62	1.82	1.53	1.33	1.26

Competitive Comparison of Taseko Mines's Price-to-Tangible-Book

For the Copper subindustry, Taseko Mines'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.

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

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

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

Taseko Mines Price-to-Tangible-Book Calculation

Taseko Mines's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.62	/	1.478
	=	2.45

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.

Taseko Mines Price-to-Tangible-Book Related Terms

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

Taseko Mines (TSX:TKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Taseko Mines Ltd (TSX:TKO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TGB:USA TKO:UK UDM:Germany UDM:Germany

Address

1040 West Georgia Street, 12th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.tasekomines.com

Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.

Executives