Bayridge Resources (XCNQ:BYRG) Price-to-Tangible-Book : 45.00 (As of Jun. 23, 2024)

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What is Bayridge Resources Price-to-Tangible-Book?

As of today (2024-06-23), Bayridge Resources's share price is C$0.315. Bayridge Resources's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.01. Hence, Bayridge Resources's Price to Tangible Book Ratio of today is 45.00.

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

XCNQ:BYRG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 31.5 Med: 62.59 Max: 81.43
Current: 31.5

During the past 2 years, Bayridge Resources's highest Price to Tangible Book Ratio was 81.43. The lowest was 31.50. And the median was 62.59.

XCNQ:BYRG's Price-to-Tangible-Book is ranked worse than
99.19% of 2219 companies
in the Metals & Mining industry
Industry Median: 1.29 vs XCNQ:BYRG: 31.50

A closely related ratio is called PB Ratio. As of today, Bayridge Resources's share price is C$0.315. Bayridge Resources's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.01. Hence, Bayridge Resources's P/B Ratio of today is 45.00.

Bayridge Resources Price-to-Tangible-Book Historical Data

The historical data trend for Bayridge Resources'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.

Bayridge Resources Price-to-Tangible-Book Chart

Bayridge Resources Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

43.75

Bayridge Resources Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	43.75	81.43

Competitive Comparison of Bayridge Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Bayridge Resources'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.

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

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

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

Bayridge Resources Price-to-Tangible-Book Calculation

Bayridge Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.315	/	0.007
	=	45.00

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.

Bayridge Resources Price-to-Tangible-Book Related Terms

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

Bayridge Resources (XCNQ:BYRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bayridge Resources Corp (XCNQ:BYRG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BYRRF:USA O0K:Germany

Address

1480-885 West Georgia Street, Vancouver, BC, CAN, V6C 3E3

Website

Bayridge Resources Corp is currently engaged in the business of exploration of mineral properties in Canada. The Company's objective is to explore and, if warranted, develop the Property. Its property includes the Sharpe Lake Property which is in the exploration stage.