Mercado Minerals (XCNQ:MERC) Price-to-Tangible-Book : 6.92 (As of Apr. 18, 2025)

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What is Mercado Minerals Price-to-Tangible-Book?

As of today (2025-04-18), Mercado Minerals's share price is C$0.09. Mercado Minerals's Tangible Book per Share of Nov. 2024 for the quarter that ended in Nov. 2024 was C$0.01. Hence, Mercado Minerals's Price to Tangible Book Ratio of today is 6.92.

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

XCNQ:MERC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.67 Med: 3.18 Max: 10.5
Current: 9

During the past 3 years, Mercado Minerals's highest Price to Tangible Book Ratio was 10.50. The lowest was 1.67. And the median was 3.18.

XCNQ:MERC's Price-to-Tangible-Book is ranked worse than
93.39% of 2148 companies
in the Metals & Mining industry
Industry Median: 1.41 vs XCNQ:MERC: 9.00

A closely related ratio is called PB Ratio. As of today, Mercado Minerals's share price is C$0.09. Mercado Minerals's Book Value per Sharefor the quarter that ended in Nov. 2024 was C$0.01. Hence, Mercado Minerals's P/B Ratio of today is 6.92.

Mercado Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Mercado Minerals'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.

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Mercado Minerals Price-to-Tangible-Book Chart

Mercado Minerals Annual Data

Trend

Feb22

Feb23

Feb24

Price-to-Tangible-Book

3.16

3.18

Mercado Minerals Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Price-to-Tangible-Book	Get a 7-Day Free Trial									2.14	3.18	5.00	4.62	6.92

Competitive Comparison of Mercado Minerals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Mercado Minerals'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.

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

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

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

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Mercado Minerals Price-to-Tangible-Book Calculation

Mercado Minerals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2024 )
	=	0.09	/	0.013
	=	6.92

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.

Mercado Minerals Price-to-Tangible-Book Related Terms

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

Mercado Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mercado Minerals Ltd (XCNQ:MERC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

551 Howe Street, Suite 200, Vancouver, BC, CAN, V6C 2C2

Website

Mercado Minerals Ltd formerly Heartfield Mining Corp is engaged in the acquisition and exploration of mineral property assets. It operates in one geographic location, Canada, and has one reportable segment, the exploration and evaluation of mineral resource properties.

Executives