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TRU Precious Metals (TSXV:TRU) Price-to-Tangible-Book : 1.88 (As of May. 16, 2024)


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What is TRU Precious Metals Price-to-Tangible-Book?

As of today (2024-05-16), TRU Precious Metals's share price is C$0.03. TRU Precious Metals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.02. Hence, TRU Precious Metals's Price to Tangible Book Ratio of today is 1.88.

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

TSXV:TRU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6   Med: 1.29   Max: 6.59
Current: 1.5

During the past 13 years, TRU Precious Metals's highest Price to Tangible Book Ratio was 6.59. The lowest was 0.60. And the median was 1.29.

TSXV:TRU's Price-to-Tangible-Book is ranked better than
53.43% of 2229 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSXV:TRU: 1.50

A closely related ratio is called PB Ratio. As of today, TRU Precious Metals's share price is C$0.03. TRU Precious Metals's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.02. Hence, TRU Precious Metals's P/B Ratio of today is 1.88.


TRU Precious Metals Price-to-Tangible-Book Historical Data

The historical data trend for TRU Precious 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.

TRU Precious Metals Price-to-Tangible-Book Chart

TRU Precious Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 6.59 4.24 5.00 2.19

TRU Precious Metals 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 5.00 6.11 3.13 1.11 2.19

Competitive Comparison of TRU Precious Metals's Price-to-Tangible-Book

For the Gold subindustry, TRU Precious 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.


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

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

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



TRU Precious Metals Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.03/0.016
=1.88

* 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.


TRU Precious Metals Price-to-Tangible-Book Related Terms

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


TRU Precious Metals (TSXV:TRU) Business Description

Traded in Other Exchanges
Address
70 Trius Drive, Fredericton, NB, CAN, E3B 5E3
TRU Precious Metals Corp is engaged in the acquisition and exploration of gold properties. Its projects include Golden Rose, Twilite Gold Project, Rolling Pond Property, Stony Lake Property, and Gander West.
Executives
Joel Aaron Freudman Director, Senior Officer