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Altair Resources (TSXV:AVX) Price-to-Tangible-Book : (As of Jun. 19, 2024)


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

As of today (2024-06-19), Altair Resources's share price is C$0.005. Altair Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$-0.04. Hence, Altair Resources's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Altair Resources's highest Price to Tangible Book Ratio was 6.81. The lowest was 0.54. And the median was 3.17.

TSXV:AVX's Price-to-Tangible-Book is not ranked *
in the Metals & Mining industry.
Industry Median: 1.28
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Altair Resources's share price is C$0.005. Altair Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$-0.04. Hence, Altair Resources's P/B Ratio of today is .


Altair Resources Price-to-Tangible-Book Historical Data

The historical data trend for Altair 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.

Altair Resources Price-to-Tangible-Book Chart

Altair Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
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Altair Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Altair Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Altair 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.


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

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

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



Altair Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.005/-0.04
=

* 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.


Altair Resources Price-to-Tangible-Book Related Terms

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


Altair Resources (TSXV:AVX) Business Description

Traded in Other Exchanges
N/A
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Altair Resources Inc is a Canada-based junior mineral exploration company. It is engaged in the business of acquiring, exploring, developing, and exploiting natural resource properties in British Columbia, Canada.