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Torr Metals (TSXV:TMET) Price-to-Tangible-Book : 0.44 (As of Sep. 24, 2024)


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What is Torr Metals Price-to-Tangible-Book?

As of today (2024-09-24), Torr Metals's share price is C$0.105. Torr Metals's Tangible Book per Share of Apr. 2024 for the quarter that ended in Apr. 2024 was C$0.24. Hence, Torr Metals's Price to Tangible Book Ratio of today is 0.44.

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

TSXV:TMET' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29   Med: 1.13   Max: 4.93
Current: 0.44

During the past 6 years, Torr Metals's highest Price to Tangible Book Ratio was 4.93. The lowest was 0.29. And the median was 1.13.

TSXV:TMET's Price-to-Tangible-Book is ranked better than
87.7% of 2219 companies
in the Metals & Mining industry
Industry Median: 1.25 vs TSXV:TMET: 0.44

A closely related ratio is called PB Ratio. As of today, Torr Metals's share price is C$0.105. Torr Metals's Book Value per Sharefor the quarter that ended in Apr. 2024 was C$0.24. Hence, Torr Metals's P/B Ratio of today is 0.44.


Torr Metals Price-to-Tangible-Book Historical Data

The historical data trend for Torr Metals'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.

Torr Metals Price-to-Tangible-Book Chart

Torr Metals Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Price-to-Tangible-Book
Get a 7-Day Free Trial 2.84 4.93 1.13 0.33 0.29

Torr Metals Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.33 0.38 0.30 0.18 0.29

Competitive Comparison of Torr Metals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Torr Metals'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.


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

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

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



Torr Metals Price-to-Tangible-Book Calculation

Torr Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Apr. 2024 )
=0.105/0.24
=0.44

* 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.


Torr Metals Price-to-Tangible-Book Related Terms

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


Torr Metals Business Description

Traded in Other Exchanges
N/A
Address
1111 West Hastings Street, Suite 780, Vancouver, BC, CAN, V6E 2J3
Torr Metals Inc is a mineral exploration company. It focused on proving and developing its 100% owned district-scale Latham Copper-Gold Project, located within the prolific Golden Triangle of northern British Columbia, Canada.
Executives
John Williamson Director, Senior Officer

Torr Metals Headlines