Tactical Resources (TSXV:RARE) Price-to-Tangible-Book : 33.33 (As of Jun. 06, 2024)

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

As of today (2024-06-06), Tactical Resources's share price is C$0.30. Tactical Resources's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was C$0.01. Hence, Tactical Resources's Price to Tangible Book Ratio of today is 33.33.

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

TSXV:RARE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.13 Med: 6.37 Max: 30
Current: 30

During the past 3 years, Tactical Resources's highest Price to Tangible Book Ratio was 30.00. The lowest was 3.13. And the median was 6.37.

TSXV:RARE's Price-to-Tangible-Book is ranked worse than
99.1% of 2223 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSXV:RARE: 30.00

A closely related ratio is called PB Ratio. As of today, Tactical Resources's share price is C$0.30. Tactical Resources's Book Value per Sharefor the quarter that ended in Jan. 2024 was C$0.01. Hence, Tactical Resources's P/B Ratio of today is 33.33.

Tactical Resources Price-to-Tangible-Book Historical Data

The historical data trend for Tactical 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.

Tactical Resources Price-to-Tangible-Book Chart

Tactical Resources Annual Data

Trend

Jul21

Jul22

Jul23

Price-to-Tangible-Book

8.87

6.90

Tactical Resources Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial							8.10	7.50	6.90	3.13	5.00

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

For the Other Industrial Metals & Mining subindustry, Tactical 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.

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

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

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

Tactical Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	0.30	/	0.009
	=	33.33

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.

Tactical Resources Price-to-Tangible-Book Related Terms

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

Tactical Resources (TSXV:RARE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tactical Resources Corp (TSXV:RARE) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

USREF:USA

Address

1055 West Georgia Street, 1500 Royal Centre, Vancouver, BC, CAN, V6E 4N7

Website

https://www.tacticalresources.com

Tactical Resources Corp is an exploration & development company focused on the rare earth elements (REE) that drive the green technologies of the future. Its projects include Lac Ducharme Project, Peak Project, and SAM Gold Project.