SRQ Resources (TSXV:SRQ) Price-to-Tangible-Book : 3.61 (As of Jun. 23, 2024)

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

As of today (2024-06-23), SRQ Resources's share price is C$0.22. SRQ Resources's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.06. Hence, SRQ Resources's Price to Tangible Book Ratio of today is 3.61.

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

TSXV:SRQ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.05 Med: 2.73 Max: 4
Current: 3.67

During the past 3 years, SRQ Resources's highest Price to Tangible Book Ratio was 4.00. The lowest was 2.05. And the median was 2.73.

TSXV:SRQ'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:SRQ: 3.67

A closely related ratio is called PB Ratio. As of today, SRQ Resources's share price is C$0.22. SRQ Resources's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.06. Hence, SRQ Resources's P/B Ratio of today is 3.61.

SRQ Resources Price-to-Tangible-Book Historical Data

The historical data trend for SRQ 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.

SRQ Resources Price-to-Tangible-Book Chart

SRQ Resources Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.92

SRQ Resources Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	2.73	2.92	2.05

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

For the Other Industrial Metals & Mining subindustry, SRQ 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.

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

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

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

SRQ Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.22	/	0.061
	=	3.61

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.

SRQ Resources Price-to-Tangible-Book Related Terms

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

SRQ Resources (TSXV:SRQ) Business Description

Industry

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

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Traded in Other Exchanges

SRQRF:USA

Address

1320 Graham Ville, Suite 132, Montreal, QC, CAN, H3P 3C8

Website

SRQ Resources Inc is a mineral exploration and development company. SRQ is focused on the creation of a North American nickel power play, notably with the Lac Brule property in Quebec. The company owns a total of 525 exploration claims in the province of Quebec, Canada, related to different properties. The company's properties include The Lac Brule property, The Lac Brennan property, The Lac Jim property, The Lac Picanoc property, and The Lac Montmord property.

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