Almadex Minerals (TSXV:DEX) Price-to-Tangible-Book : 0.56 (As of May. 27, 2024)

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What is Almadex Minerals Price-to-Tangible-Book?

As of today (2024-05-27), Almadex Minerals's share price is C$0.235. Almadex Minerals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.42. Hence, Almadex Minerals's Price to Tangible Book Ratio of today is 0.56.

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

TSXV:DEX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.56 Med: 0.8 Max: 1.28
Current: 0.56

During the past 6 years, Almadex Minerals's highest Price to Tangible Book Ratio was 1.28. The lowest was 0.56. And the median was 0.80.

TSXV:DEX's Price-to-Tangible-Book is ranked better than
81.38% of 2223 companies
in the Metals & Mining industry
Industry Median: 1.38 vs TSXV:DEX: 0.56

A closely related ratio is called PB Ratio. As of today, Almadex Minerals's share price is C$0.235. Almadex Minerals's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.42. Hence, Almadex Minerals's P/B Ratio of today is 0.56.

Almadex Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Almadex Minerals'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.

Almadex Minerals Price-to-Tangible-Book Chart

Almadex Minerals Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.82

1.28

0.76

0.78

0.63

Almadex Minerals 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															0.78	0.71	0.67	0.55	0.63

Competitive Comparison of Almadex Minerals's Price-to-Tangible-Book

For the Gold subindustry, Almadex Minerals'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.

Almadex Minerals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

Almadex Minerals Price-to-Tangible-Book Calculation

Almadex Minerals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.235	/	0.423
	=	0.56

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.

Almadex Minerals Price-to-Tangible-Book Related Terms

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

Almadex Minerals (TSXV:DEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Almadex Minerals Ltd (TSXV:DEX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AAMMF:USA

Address

1333 Johnston Street, Suite 210, Vancouver, BC, CAN, V6H 3R9

Website

http://www.almadexminerals.com

Almadex Minerals Ltd is an exploration company specializing in the discovery of new mineral prospects. The company's projects are located in Mexico, Canada and the United States. It has one reportable operating segment being, the acquisition and exploration of mineral resource properties in Canada, the United States, and Mexico.