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Tyner Resources (TSXV:TIP.H) Price-to-Tangible-Book : (As of Jun. 09, 2024)


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

As of today (2024-06-09), Tyner Resources's share price is C$0.08. Tyner Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$-0.03. Hence, Tyner Resources's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Tyner Resources's highest Price to Tangible Book Ratio was 23.75. The lowest was 1.09. And the median was 2.62.

TSXV:TIP.H's Price-to-Tangible-Book is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.83
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Tyner Resources's share price is C$0.08. Tyner Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$-0.03. Hence, Tyner Resources's P/B Ratio of today is .


Tyner Resources Price-to-Tangible-Book Historical Data

The historical data trend for Tyner 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.

Tyner Resources Price-to-Tangible-Book Chart

Tyner Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 2.56 15.38 - -

Tyner Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

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

For the Shell Companies subindustry, Tyner 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.


Tyner Resources's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tyner Resources's Price-to-Tangible-Book distribution charts can be found below:

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



Tyner Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.08/-0.03
=

* 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.


Tyner Resources Price-to-Tangible-Book Related Terms

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


Tyner Resources (TSXV:TIP.H) Business Description

Traded in Other Exchanges
N/A
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Tyner Resources Ltd is a Canada-based company. The principal business of the company is to identify, evaluate, and acquire an interest in a business or assets.

Tyner Resources (TSXV:TIP.H) Headlines

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