Flying Nickel Mining (Flying Nickel Mining) Price-to-Tangible-Book : 0.52 (As of May. 09, 2024)

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What is Flying Nickel Mining Price-to-Tangible-Book?

As of today (2024-05-09), Flying Nickel Mining's share price is $0.1018. Flying Nickel Mining's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.19. Hence, Flying Nickel Mining's Price to Tangible Book Ratio of today is 0.52.

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

FLYNF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25 Med: 0.32 Max: 0.89
Current: 0.51

During the past 0 years, Flying Nickel Mining's highest Price to Tangible Book Ratio was 0.89. The lowest was 0.25. And the median was 0.32.

FLYNF's Price-to-Tangible-Book is ranked better than
84.38% of 2234 companies
in the Metals & Mining industry
Industry Median: 1.33 vs FLYNF: 0.51

A closely related ratio is called PB Ratio. As of today, Flying Nickel Mining's share price is $0.1018. Flying Nickel Mining's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.19. Hence, Flying Nickel Mining's P/B Ratio of today is 0.52.

Flying Nickel Mining Price-to-Tangible-Book Historical Data

The historical data trend for Flying Nickel Mining'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.

Flying Nickel Mining Price-to-Tangible-Book Chart

Flying Nickel Mining Annual Data

Trend

Price-to-Tangible-Book

Flying Nickel Mining Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			0.86	0.31	0.26	0.31	0.43

Competitive Comparison of Flying Nickel Mining's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Flying Nickel Mining'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.

Flying Nickel Mining's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Flying Nickel Mining's Price-to-Tangible-Book falls into.

Flying Nickel Mining Price-to-Tangible-Book Calculation

Flying Nickel Mining's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.1018	/	0.194
	=	0.52

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.

Flying Nickel Mining Price-to-Tangible-Book Related Terms

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

Flying Nickel Mining (Flying Nickel Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Flying Nickel Mining Corp (OTCPK:FLYNF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

FLYN:Canada

Address

409 Granville Street, Suite 1610, Vancouver, BC, CAN, V6C 1T2

Website

https://www.flynickel.com

Flying Nickel Mining Corp is a premier nickel sulphide mining and exploration company. It holds interests in the Minago Project located in Manitoba's Thompson Nickel Belt in Canada.

Flying Nickel Mining (Flying Nickel Mining) Headlines

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