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Xcite Resources (XCNQ:XRI) Price-to-Tangible-Book : 13.89 (As of Jun. 10, 2024)


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

As of today (2024-06-10), Xcite Resources's share price is C$0.25. Xcite Resources's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was C$0.02. Hence, Xcite Resources's Price to Tangible Book Ratio of today is 13.89.

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

XCNQ:XRI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.79   Med: 5.84   Max: 15.56
Current: 12.5

During the past 3 years, Xcite Resources's highest Price to Tangible Book Ratio was 15.56. The lowest was 3.79. And the median was 5.84.

XCNQ:XRI's Price-to-Tangible-Book is ranked worse than
95.99% of 2218 companies
in the Metals & Mining industry
Industry Median: 1.355 vs XCNQ:XRI: 12.50

A closely related ratio is called PB Ratio. As of today, Xcite Resources's share price is C$0.25. Xcite Resources's Book Value per Sharefor the quarter that ended in Jan. 2024 was C$0.02. Hence, Xcite Resources's P/B Ratio of today is 13.89.


Xcite Resources Price-to-Tangible-Book Historical Data

The historical data trend for Xcite 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.

Xcite Resources Price-to-Tangible-Book Chart

Xcite Resources Annual Data
Trend Oct21 Oct22 Oct23
Price-to-Tangible-Book
- - 6.25

Xcite Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 3.79 5.42 6.25 15.56

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

For the Other Industrial Metals & Mining subindustry, Xcite 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.


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

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

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



Xcite Resources Price-to-Tangible-Book Calculation

Xcite 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 )
=0.25/0.018
=13.89

* 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.


Xcite Resources Price-to-Tangible-Book Related Terms

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


Xcite Resources (XCNQ:XRI) Business Description

Traded in Other Exchanges
N/A
Address
1030 West Georgia Street, Suite 1910, Vancouver, BC, CAN, V6E 2Y3
Website
Xcite Resources Inc is a Canada-based mineral exploration company on its Turgeon Lake Property, located in the Province of Québec. It has one reportable segment, the exploration, and development of mineral property in the province of Quebec, Canada.
Executives
Carl Desjardins 10% Security Holder

Xcite Resources (XCNQ:XRI) Headlines

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