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Western Resources (TSX:WRX) Price-to-Tangible-Book : 0.13 (As of Jun. 11, 2024)


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

As of today (2024-06-11), Western Resources's share price is C$0.08. Western Resources's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.60. Hence, Western Resources's Price to Tangible Book Ratio of today is 0.13.

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

TSX:WRX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.13   Med: 0.32   Max: 1.12
Current: 0.13

During the past 13 years, Western Resources's highest Price to Tangible Book Ratio was 1.12. The lowest was 0.13. And the median was 0.32.

TSX:WRX's Price-to-Tangible-Book is ranked better than
98.96% of 2218 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSX:WRX: 0.13

A closely related ratio is called PB Ratio. As of today, Western Resources's share price is C$0.08. Western Resources's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.60. Hence, Western Resources's P/B Ratio of today is 0.13.


Western Resources Price-to-Tangible-Book Historical Data

The historical data trend for Western 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.

Western Resources Price-to-Tangible-Book Chart

Western Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.20 0.23 0.41 0.32

Western Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.45 0.46 0.32 0.25 0.20

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

For the Other Industrial Metals & Mining subindustry, Western 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.


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

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

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



Western Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.08/0.6
=0.13

* 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.


Western Resources Price-to-Tangible-Book Related Terms

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


Western Resources (TSX:WRX) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8
Western Resources Corp is a resource company focused on the development of its potash project in Canada owned by its wholly owned subsidiary, Western Potash Corp, located in Southern Saskatchewan. Its objectives are to complete Phase I of the Milestone Project to prove a new mining technology, which will then be applied to Phases 2 and 3 to develop potash deposits in an environmentally friendly model. The company's two reportable operating segments are the acquisition, exploration, and development of mineral properties and the investment in real estate projects in Canada.
Executives
Jian Xing 10% Security Holder, Deemed Insider - 6 Months before becoming Insider, Director or Senior Officer of 10% Security Holder

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