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Eros Resources (TSXV:ERC) Price-to-Tangible-Book : 0.49 (As of Sep. 22, 2024)


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

As of today (2024-09-22), Eros Resources's share price is C$0.035. Eros Resources's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was C$0.07. Hence, Eros Resources's Price to Tangible Book Ratio of today is 0.49.

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

TSXV:ERC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36   Med: 0.57   Max: 1.83
Current: 0.5

During the past 13 years, Eros Resources's highest Price to Tangible Book Ratio was 1.83. The lowest was 0.36. And the median was 0.57.

TSXV:ERC's Price-to-Tangible-Book is ranked better than
81.55% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.25 vs TSXV:ERC: 0.50

A closely related ratio is called PB Ratio. As of today, Eros Resources's share price is C$0.035. Eros Resources's Book Value per Sharefor the quarter that ended in Jun. 2024 was C$0.07. Hence, Eros Resources's P/B Ratio of today is 0.49.


Eros Resources Price-to-Tangible-Book Historical Data

The historical data trend for Eros 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.

Eros Resources Price-to-Tangible-Book Chart

Eros Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.47 0.49 0.50 0.69

Eros Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.51 0.43 0.69 0.76 0.49

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

For the Other Industrial Metals & Mining subindustry, Eros 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.


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

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

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



Eros Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=0.035/0.071
=0.49

* 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.


Eros Resources Price-to-Tangible-Book Related Terms

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


Eros Resources Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 420, Vancouver, BC, CAN, V6C 1H2
Eros Resources Corp is engaged in the acquisition, exploration, and development of mineral resource properties in North America. It operates in the business segments of the Exploration and development of mineral and oil and gas resource properties and investing in marketable securities with a focus on commodities, with operations and long-term assets in the United States and Canada. Some of its projects are the Bell Mountain property and the Eastgate property, among others.
Executives
Andrew Davidson Senior Officer

Eros Resources Headlines