Vortex Metals (TSXV:VMS) Price-to-Tangible-Book : 1.45 (As of Apr. 30, 2024)

View and export this data going back to 2022. Start your Free Trial

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

As of today (2024-04-30), Vortex Metals's share price is C$0.125. Vortex Metals's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was C$0.09. Hence, Vortex Metals's Price to Tangible Book Ratio of today is 1.45.

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

TSXV:VMS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.72 Med: 1.23 Max: 1.53
Current: 1.39

During the past 4 years, Vortex Metals's highest Price to Tangible Book Ratio was 1.53. The lowest was 0.72. And the median was 1.23.

TSXV:VMS's Price-to-Tangible-Book is ranked worse than
51.07% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.325 vs TSXV:VMS: 1.39

A closely related ratio is called PB Ratio. As of today, Vortex Metals's share price is C$0.125. Vortex Metals's Book Value per Sharefor the quarter that ended in Sep. 2023 was C$0.09. Hence, Vortex Metals's P/B Ratio of today is 1.45.

Vortex Metals Price-to-Tangible-Book Historical Data

The historical data trend for Vortex 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.

Vortex Metals Price-to-Tangible-Book Chart

Vortex Metals Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

1.38

Vortex Metals Quarterly Data
	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial								0.72	1.38	1.30	1.53	1.16

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

For the Other Precious Metals & Mining subindustry, Vortex 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.

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

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

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

Vortex Metals Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.125	/	0.086
	=	1.45

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.

Vortex Metals Price-to-Tangible-Book Related Terms

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

Vortex Metals (TSXV:VMS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

VMSSF:USA DM8:Germany

Address

120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1

Website

Vortex Metals Inc is engaged in the acquisition and exploration business. The company has an interest in two drill-ready high potential copper-gold volcanogenic massive sulfide (VMS) properties (Riqueza Marina and Zaachila) in the state of Oaxaca, and a third high-potential gold property (El Rescate) in the state of Puebla. The company has interest in Mexico Properties project.

Vortex Metals (TSXV:VMS) Headlines

No Headlines