Precipitate Gold (TSXV:PRG) Price-to-Tangible-Book : 1.67 (As of May. 08, 2024)

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What is Precipitate Gold Price-to-Tangible-Book?

As of today (2024-05-08), Precipitate Gold's share price is C$0.06. Precipitate Gold's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was C$0.04. Hence, Precipitate Gold's Price to Tangible Book Ratio of today is 1.67.

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

TSXV:PRG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92 Med: 3.22 Max: 13.5
Current: 1.5

During the past 12 years, Precipitate Gold's highest Price to Tangible Book Ratio was 13.50. The lowest was 0.92. And the median was 3.22.

TSXV:PRG's Price-to-Tangible-Book is ranked worse than
54.11% of 2236 companies
in the Metals & Mining industry
Industry Median: 1.32 vs TSXV:PRG: 1.50

A closely related ratio is called PB Ratio. As of today, Precipitate Gold's share price is C$0.06. Precipitate Gold's Book Value per Sharefor the quarter that ended in Aug. 2023 was C$0.04. Hence, Precipitate Gold's P/B Ratio of today is 1.67.

Precipitate Gold Price-to-Tangible-Book Historical Data

The historical data trend for Precipitate Gold'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.

Precipitate Gold Price-to-Tangible-Book Chart

Precipitate Gold Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.64

3.89

7.34

4.09

1.70

Precipitate Gold Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.34	1.70	1.59	1.41	1.67

Competitive Comparison of Precipitate Gold's Price-to-Tangible-Book

For the Gold subindustry, Precipitate Gold'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.

Precipitate Gold's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

Precipitate Gold Price-to-Tangible-Book Calculation

Precipitate Gold's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Aug. 2023 )
	=	0.06	/	0.036
	=	1.67

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.

Precipitate Gold Price-to-Tangible-Book Related Terms

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

Precipitate Gold (TSXV:PRG) Business Description

Industry

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PREIF:USA

Address

628 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6

Website

https://www.precipitategold.com

Precipitate Gold Corp is a Canadian resource company. Its principal activity is the acquisition and exploration of mineral properties in Canada, Mexico, and the Dominican Republic. The company's projects include Juan de Herrera & Escalibur Properties, Pueblo Grande & Ponton Properties, Motherlode Gold Project, and Ace Gold Project.