Trifecta Gold (TSXV:TG) Price-to-Tangible-Book : 0.73 (As of May. 24, 2024)

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

As of today (2024-05-24), Trifecta Gold's share price is C$0.145. Trifecta Gold's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.20. Hence, Trifecta Gold's Price to Tangible Book Ratio of today is 0.73.

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

TSXV:TG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48 Med: 0.95 Max: 2.53
Current: 0.73

During the past 8 years, Trifecta Gold's highest Price to Tangible Book Ratio was 2.53. The lowest was 0.48. And the median was 0.95.

TSXV:TG's Price-to-Tangible-Book is ranked better than
73.54% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.38 vs TSXV:TG: 0.73

A closely related ratio is called PB Ratio. As of today, Trifecta Gold's share price is C$0.145. Trifecta Gold's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.20. Hence, Trifecta Gold's P/B Ratio of today is 0.73.

Trifecta Gold Price-to-Tangible-Book Historical Data

The historical data trend for Trifecta 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.

Trifecta Gold Price-to-Tangible-Book Chart

Trifecta Gold Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.75

1.51

1.46

0.93

0.78

Trifecta Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.66	0.76	0.48	0.78	0.60

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

For the Gold subindustry, Trifecta 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.

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

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

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

Trifecta Gold Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.145	/	0.199
	=	0.73

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.

Trifecta Gold Price-to-Tangible-Book Related Terms

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

Trifecta Gold (TSXV:TG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trifecta Gold Ltd (TSXV:TG) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

TRRFF:USA

Address

1100 Melville Street, Suite 510, Vancouver, BC, CAN, V6E 4A6

Website

https://www.trifectagold.com

Trifecta Gold Ltd is a precious metal-focused exploration company in Canada. The company's principal business activity is the acquisition, exploration, and evaluation of mineral properties. The company focuses on exploring for gold and silver ores. It focuses on developing gold projects including Eureka Project, Trident Gold Project, Treble, and Yuge.

Executives