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Optegra Ventures (TSXV:OPTG) Price-to-Tangible-Book : 0.58 (As of Oct. 31, 2024)


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What is Optegra Ventures Price-to-Tangible-Book?

As of today (2024-10-31), Optegra Ventures's share price is C$0.035. Optegra Ventures's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was C$0.06. Hence, Optegra Ventures's Price to Tangible Book Ratio of today is 0.58.

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

TSXV:OPTG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29   Med: 1.63   Max: 5.52
Current: 0.58

During the past 9 years, Optegra Ventures's highest Price to Tangible Book Ratio was 5.52. The lowest was 0.29. And the median was 1.63.

TSXV:OPTG's Price-to-Tangible-Book is ranked better than
79.86% of 2185 companies
in the Metals & Mining industry
Industry Median: 1.39 vs TSXV:OPTG: 0.58

A closely related ratio is called PB Ratio. As of today, Optegra Ventures's share price is C$0.035. Optegra Ventures's Book Value per Sharefor the quarter that ended in Jun. 2024 was C$0.06. Hence, Optegra Ventures's P/B Ratio of today is 0.58.


Optegra Ventures Price-to-Tangible-Book Historical Data

The historical data trend for Optegra Ventures'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.

Optegra Ventures Price-to-Tangible-Book Chart

Optegra Ventures Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - 5.52 1.32 0.59 1.19

Optegra Ventures 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 0.29 1.19 0.48 0.84 1.00

Competitive Comparison of Optegra Ventures's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Optegra Ventures'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.


Optegra Ventures's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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



Optegra Ventures Price-to-Tangible-Book Calculation

Optegra Ventures's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=0.035/0.06
=0.58

* 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.


Optegra Ventures Price-to-Tangible-Book Related Terms

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


Optegra Ventures Business Description

Traded in Other Exchanges
Address
3002 - 1211 Melville Street, Vancouver, BC, CAN, V6E 0A7
Optegra Ventures Inc is a Canada-based company. The Company's principal business activity is the exploration of mineral properties. The Company operates in a single reportable segment exploration and evaluation business in two geographical area, Canada and Australia. Its projects includes Australian Projects, Compass Creek, Mount Turner, and Cumberland. Company generates majority of the revenue from Canada.

Optegra Ventures Headlines

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