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Forge Resources (XCNQ:FRG) Price-to-Tangible-Book : 19.41 (As of Jul. 13, 2024)


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

As of today (2024-07-13), Forge Resources's share price is C$0.66. Forge Resources's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was C$0.03. Hence, Forge Resources's Price to Tangible Book Ratio of today is 19.41.

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

XCNQ:FRG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.82   Med: 5.39   Max: 42.5
Current: 22

During the past 9 years, Forge Resources's highest Price to Tangible Book Ratio was 42.50. The lowest was 0.82. And the median was 5.39.

XCNQ:FRG's Price-to-Tangible-Book is ranked worse than
98.51% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.31 vs XCNQ:FRG: 22.00

A closely related ratio is called PB Ratio. As of today, Forge Resources's share price is C$0.66. Forge Resources's Book Value per Sharefor the quarter that ended in Feb. 2024 was C$0.03. Hence, Forge Resources's P/B Ratio of today is 19.41.


Forge Resources Price-to-Tangible-Book Historical Data

The historical data trend for Forge 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.

Forge Resources Price-to-Tangible-Book Chart

Forge Resources Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 3.59 7.45 7.56 1.88 -

Forge Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - 16.76

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

For the Gold subindustry, Forge 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.


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

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

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



Forge Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=0.66/0.034
=19.41

* 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.


Forge Resources Price-to-Tangible-Book Related Terms

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


Forge Resources (XCNQ:FRG) Business Description

Traded in Other Exchanges
Address
1050 - 12471 Horseshoe Way, Richmond, BC, CAN, V7A 4X6
Benjamin Hill Mining Corp is engaged in the business of the exploration and development of natural resource properties in Canada and Mexico. It owns and operates the Alotta Property.

Forge Resources (XCNQ:FRG) Headlines