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Titan Minerals (ASX:TTM) Price-to-Tangible-Book : 0.58 (As of May. 19, 2024)


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

As of today (2024-05-19), Titan Minerals's share price is A$0.025. Titan Minerals's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was A$0.04. Hence, Titan Minerals's Price to Tangible Book Ratio of today is 0.58.

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

ASX:TTM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.61   Med: 4.82   Max: 65.8
Current: 0.61

During the past 13 years, Titan Minerals's highest Price to Tangible Book Ratio was 65.80. The lowest was 0.61. And the median was 4.82.

ASX:TTM's Price-to-Tangible-Book is ranked better than
78.35% of 2226 companies
in the Metals & Mining industry
Industry Median: 1.365 vs ASX:TTM: 0.61

A closely related ratio is called PB Ratio. As of today, Titan Minerals's share price is A$0.025. Titan Minerals's Book Value per Sharefor the quarter that ended in Jun. 2023 was A$0.04. Hence, Titan Minerals's P/B Ratio of today is 0.58.


Titan Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Titan 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.

* Premium members only.

Titan Minerals Price-to-Tangible-Book Chart

Titan Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.61 11.84 2.73 1.61 0.73

Titan Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.73 1.53 1.61 1.08 0.73

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

For the Gold subindustry, Titan 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.


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

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

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



Titan Minerals Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=0.025/0.043
=0.58

* 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.


Titan Minerals Price-to-Tangible-Book Related Terms

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


Titan Minerals (ASX:TTM) Business Description

Traded in Other Exchanges
Address
295 Rokeby Road, Suite 1, Subiaco, WA, AUS, 6008
Titan Minerals Ltd is a Canada-based mineral exploration company. The company's main assets are The Dynasty Project, The Linderos Project, The Copper Duke Project, and The Copper Field Prospect. It continues to evaluate new business opportunities in South America.