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Geomega Resources (TSXV:GMA) Price-to-Tangible-Book : 3.79 (As of Jun. 22, 2024)


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

As of today (2024-06-22), Geomega Resources's share price is C$0.11. Geomega Resources's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was C$0.03. Hence, Geomega Resources's Price to Tangible Book Ratio of today is 3.79.

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

TSXV:GMA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.2   Med: 5.67   Max: 12.81
Current: 3.67

During the past 13 years, Geomega Resources's highest Price to Tangible Book Ratio was 12.81. The lowest was 0.20. And the median was 5.67.

TSXV:GMA's Price-to-Tangible-Book is ranked worse than
82.02% of 2219 companies
in the Metals & Mining industry
Industry Median: 1.29 vs TSXV:GMA: 3.67

A closely related ratio is called PB Ratio. As of today, Geomega Resources's share price is C$0.11. Geomega Resources's Book Value per Sharefor the quarter that ended in Feb. 2024 was C$0.03. Hence, Geomega Resources's P/B Ratio of today is 3.79.


Geomega Resources Price-to-Tangible-Book Historical Data

The historical data trend for Geomega 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.

Geomega Resources Price-to-Tangible-Book Chart

Geomega Resources Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.33 7.63 10.27 5.65 4.59

Geomega Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 4.50 4.59 5.47 5.69 6.90

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

For the Other Industrial Metals & Mining subindustry, Geomega 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.


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

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

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



Geomega Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=0.11/0.029
=3.79

* 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.


Geomega Resources Price-to-Tangible-Book Related Terms

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


Geomega Resources (TSXV:GMA) Business Description

Traded in Other Exchanges
Address
75 Boulevard de Mortagne, Boucherville, QC, CAN, J4B 6Y4
Geomega Resources Inc is engaged in the acquisition, exploration, and evaluation of mining properties in Canada. It primarily explores for rare earth elements and niobium deposits. It holds an interest in Montviel property on the discovery and development of deposits of metals in Quebec. The Montviel property is located approximately 100 kilometers north of Lebel-sur-Quevillon and Buckingham property.
Executives
Mathieu Bourdeau Senior Officer