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WEDXF (The Westaim) Price-to-Tangible-Book : 1.01 (As of May. 16, 2025)


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What is The Westaim Price-to-Tangible-Book?

As of today (2025-05-16), The Westaim's share price is $23.05. The Westaim's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was $22.92. Hence, The Westaim's Price to Tangible Book Ratio of today is 1.01.

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

WEDXF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.71   Med: 0.84   Max: 1.07
Current: 0.98

During the past 13 years, The Westaim's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.71. And the median was 0.84.

WEDXF's Price-to-Tangible-Book is ranked worse than
62.56% of 1584 companies
in the Asset Management industry
Industry Median: 0.92 vs WEDXF: 0.98

A closely related ratio is called PB Ratio. As of today, The Westaim's share price is $23.05. The Westaim's Book Value per Sharefor the quarter that ended in Dec. 2024 was $22.92. Hence, The Westaim's P/B Ratio of today is 1.01.


The Westaim Price-to-Tangible-Book Historical Data

The historical data trend for The Westaim'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.

The Westaim Price-to-Tangible-Book Chart

The Westaim Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.81 0.76 0.72 0.94

The Westaim Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.72 0.66 0.75 0.73 0.94

Competitive Comparison of The Westaim's Price-to-Tangible-Book

For the Asset Management subindustry, The Westaim'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.


The Westaim's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Westaim's Price-to-Tangible-Book distribution charts can be found below:

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


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The Westaim Price-to-Tangible-Book Calculation

The Westaim's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2024 )
=23.05/22.915
=1.01

* 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.


The Westaim Price-to-Tangible-Book Related Terms

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


The Westaim Business Description

Traded in Other Exchanges
Address
405 Lexington Avenue, 59th Floor, Suite 1700, New York, NY, USA, 10174
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. The Company's principal investments consist of its investment in Skyward Specialty, Arena FINCOs and Arena.
Executives
Cameron Macdonald 10 percent owner 70 YORK STREET, SUITE 1700, TORONTO A6 M5J 1S9
Goodwood Inc. 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H1K5
Peter Puccetti 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Fund Goodwood other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Goodwood Fund 2.0 Ltd other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Goodwood Fund Arrow other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Capital Fund Goodwood other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
1354037 Ontario Inc. 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
K2 Principal Fund, L.p. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
Shawn Kimel 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
Shawn Kimel Investments, Inc. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
K2 & Associates Investment Management Inc. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
K2 Genpar, Inc. 10 percent owner 444 ADELAIDE STREET W SUITE 200, TORONTO A6 M5V 1S7