GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Irving Resources Inc (XCNQ:IRV) » Definitions » Price-to-Tangible-Book

Irving Resources (XCNQ:IRV) Price-to-Tangible-Book : 0.44 (As of Dec. 13, 2024)


View and export this data going back to 2015. Start your Free Trial

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

As of today (2024-12-13), Irving Resources's share price is C$0.285. Irving Resources's Tangible Book per Share of Aug. 2024 for the quarter that ended in Aug. 2024 was C$0.65. Hence, Irving Resources's Price to Tangible Book Ratio of today is 0.44.

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

XCNQ:IRV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4   Med: 2.39   Max: 7.29
Current: 0.44

During the past 9 years, Irving Resources's highest Price to Tangible Book Ratio was 7.29. The lowest was 0.40. And the median was 2.39.

XCNQ:IRV's Price-to-Tangible-Book is ranked better than
86.66% of 2166 companies
in the Metals & Mining industry
Industry Median: 1.32 vs XCNQ:IRV: 0.44

A closely related ratio is called PB Ratio. As of today, Irving Resources's share price is C$0.285. Irving Resources's Book Value per Sharefor the quarter that ended in Aug. 2024 was C$0.65. Hence, Irving Resources's P/B Ratio of today is 0.44.


Irving Resources Price-to-Tangible-Book Historical Data

The historical data trend for Irving 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.

Irving Resources Price-to-Tangible-Book Chart

Irving Resources Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 6.64 3.96 1.83 1.31 0.52

Irving Resources Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 1.01 0.64 0.52 0.65 0.55

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

For the Gold subindustry, Irving 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.


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

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

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



Irving Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Aug. 2024 )
=0.285/0.653
=0.44

* 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.


Irving Resources Price-to-Tangible-Book Related Terms

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


Irving Resources Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 404, Vancouver, BC, CAN, V6C 3E2
Irving Resources Inc is a Canadian-based mineral exploration company with precious metal projects in Japan and joint venture interests with Japan Oil, Gas, and Metals National Corporation (JOGMEC) in a rare earth element project in Africa and Canada. Its projects include the Omu Project, Yamagano Project, and Others.
Executives
Douglas B. Buchanan Director
Akiko Levinson Director
Kevin Durell Box Director
Quinton Todd Hennigh Director
Lisa Sharp Senior Officer

Irving Resources Headlines

No Headlines