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Western Exploration (Western Exploration) Price-to-Tangible-Book : 3.04 (As of May. 27, 2024)


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What is Western Exploration Price-to-Tangible-Book?

As of today (2024-05-27), Western Exploration's share price is $0.8383. Western Exploration's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.28. Hence, Western Exploration's Price to Tangible Book Ratio of today is 3.04.

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

WEXPF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.4   Med: 2.94   Max: 4.66
Current: 3.1

During the past 4 years, Western Exploration's highest Price to Tangible Book Ratio was 4.66. The lowest was 2.40. And the median was 2.94.

WEXPF's Price-to-Tangible-Book is ranked worse than
76.74% of 2223 companies
in the Metals & Mining industry
Industry Median: 1.38 vs WEXPF: 3.10

A closely related ratio is called PB Ratio. As of today, Western Exploration's share price is $0.8383. Western Exploration's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.28. Hence, Western Exploration's P/B Ratio of today is 3.04.


Western Exploration Price-to-Tangible-Book Historical Data

The historical data trend for Western Exploration'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.

Western Exploration Price-to-Tangible-Book Chart

Western Exploration Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 3.63 2.58

Western Exploration Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.85 2.92 2.57 2.58 3.01

Competitive Comparison of Western Exploration's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, Western Exploration'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.


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

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

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



Western Exploration Price-to-Tangible-Book Calculation

Western Exploration's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.8383/0.276
=3.04

* 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.


Western Exploration Price-to-Tangible-Book Related Terms

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


Western Exploration (Western Exploration) Business Description

Traded in Other Exchanges
Address
121 Woodland Avenue, Suite 140, Reno, NV, USA, 89523
Western Exploration Inc is a Nevada-focused precious metals exploration company, aiming to be a gold and silver development company in North America. Its principal asset is the Aura gold-silver project located in Elko County, Nevada.

Western Exploration (Western Exploration) Headlines