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Desert Mountain Energy (TSXV:DME) Price-to-Tangible-Book : 0.45 (As of Apr. 18, 2025)


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What is Desert Mountain Energy Price-to-Tangible-Book?

As of today (2025-04-18), Desert Mountain Energy's share price is C$0.245. Desert Mountain Energy's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was C$0.55. Hence, Desert Mountain Energy's Price to Tangible Book Ratio of today is 0.45.

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

TSXV:DME' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25   Med: 4.68   Max: 17.39
Current: 0.45

During the past 13 years, Desert Mountain Energy's highest Price to Tangible Book Ratio was 17.39. The lowest was 0.25. And the median was 4.68.

TSXV:DME's Price-to-Tangible-Book is ranked better than
84.39% of 897 companies
in the Oil & Gas industry
Industry Median: 1.15 vs TSXV:DME: 0.45

A closely related ratio is called PB Ratio. As of today, Desert Mountain Energy's share price is C$0.245. Desert Mountain Energy's Book Value per Sharefor the quarter that ended in Dec. 2024 was C$0.55. Hence, Desert Mountain Energy's P/B Ratio of today is 0.45.


Desert Mountain Energy Price-to-Tangible-Book Historical Data

The historical data trend for Desert Mountain Energy'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.

Desert Mountain Energy Price-to-Tangible-Book Chart

Desert Mountain Energy Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.10 5.63 5.61 0.75 0.75

Desert Mountain Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.61 0.47 0.56 0.75 0.59

Competitive Comparison of Desert Mountain Energy's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Desert Mountain Energy'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.


Desert Mountain Energy's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Desert Mountain Energy's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Desert Mountain Energy's Price-to-Tangible-Book falls into.


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Desert Mountain Energy Price-to-Tangible-Book Calculation

Desert Mountain Energy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2024 )
=0.245/0.546
=0.45

* 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.


Desert Mountain Energy Price-to-Tangible-Book Related Terms

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


Desert Mountain Energy Business Description

Traded in Other Exchanges
Address
14155 West Mountain View Boulevard, Suite 1023, Surprise, AZ, USA, 85374
Desert Mountain Energy Corp is a forward-looking resource company actively engaged in the exploration and development of Helium and Rare Earth Gas properties in the U.S. Southwest. The company's projects include Holbrook Basin Helium Project and the Noble gas project.
Executives
Valorie Farley Senior Officer
Michael James Oshea Director
Weldon Stout Director
Don Mosher Director
Scott Davis Senior Officer
Soren Christiansen Director
Edward A. Schiller Director
Irwin Alois Olian Director, Senior Officer

Desert Mountain Energy Headlines

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