Rumble Resources (XCNQ:RB) Price-to-Tangible-Book : 11.67 (As of Jun. 21, 2024)

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

As of today (2024-06-21), Rumble Resources's share price is C$0.21. Rumble Resources's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was C$0.02. Hence, Rumble Resources's Price to Tangible Book Ratio of today is 11.67.

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

XCNQ:RB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 10.5 Med: 11.11 Max: 13.89
Current: 10.5

During the past 6 years, Rumble Resources's highest Price to Tangible Book Ratio was 13.89. The lowest was 10.50. And the median was 11.11.

XCNQ:RB's Price-to-Tangible-Book is ranked worse than
95.13% of 2219 companies
in the Metals & Mining industry
Industry Median: 1.27 vs XCNQ:RB: 10.50

A closely related ratio is called PB Ratio. As of today, Rumble Resources's share price is C$0.21. Rumble Resources's Book Value per Sharefor the quarter that ended in Jan. 2024 was C$0.02. Hence, Rumble Resources's P/B Ratio of today is 11.67.

Rumble Resources Price-to-Tangible-Book Historical Data

The historical data trend for Rumble 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.

Rumble Resources Price-to-Tangible-Book Chart

Rumble Resources Annual Data

Trend

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Price-to-Tangible-Book

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Rumble Resources Quarterly Data
	Jul18	Jul19	Jul20	Jan21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial										-	-	-	-	11.11

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

For the Other Industrial Metals & Mining subindustry, Rumble 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.

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

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

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

Rumble Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	0.21	/	0.018
	=	11.67

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.

Rumble Resources Price-to-Tangible-Book Related Terms

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

Rumble Resources (XCNQ:RB) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

905 West Pender Street, Suite 503, Vancouver, BC, CAN, V6C 1L6

Website

Rumble Resources Inc is engaged in the acquisition, exploration, and development of mineral exploration properties. The Company holds the exclusive option to acquire a 100% interest, subject to a 2% Net Smelter Returns royalty, in the Woolford Creek Property. The Woolford Creek Property is located approximately 15 kilometers north of Squilax, British Columbia on the northeast shore of Little Shuswap Lake and is comprised of seven mining claims in the Kamloops Mining Division, British Columbia covering approximately 3,620.07 hectares.

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