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Kirkland Lake Gold (Kirkland Lake Gold) Price-to-Tangible-Book : 1.95 (As of May. 11, 2024)


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What is Kirkland Lake Gold Price-to-Tangible-Book?

As of today (2024-05-11), Kirkland Lake Gold's share price is $38.92. Kirkland Lake Gold's Tangible Book per Share of Sep. 2021 for the quarter that ended in Sep. 2021 was $19.95. Hence, Kirkland Lake Gold's Price to Tangible Book Ratio of today is 1.95.

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

KL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91   Med: 4.31   Max: 10.17
Current: 1.97

During the past 13 years, Kirkland Lake Gold's highest Price to Tangible Book Ratio was 10.17. The lowest was 0.91. And the median was 4.31.

KL's Price-to-Tangible-Book is not ranked
in the Metals & Mining industry.
Industry Median: 1.35 vs KL: 1.97

A closely related ratio is called PB Ratio. As of today, Kirkland Lake Gold's share price is $38.92. Kirkland Lake Gold's Book Value per Sharefor the quarter that ended in Sep. 2021 was $20.23. Hence, Kirkland Lake Gold's P/B Ratio of today is 1.92.


Kirkland Lake Gold Price-to-Tangible-Book Historical Data

The historical data trend for Kirkland Lake Gold'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.

Kirkland Lake Gold Price-to-Tangible-Book Chart

Kirkland Lake Gold Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18 Dec19 Dec20
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 2.80 4.33 5.08 2.22

Kirkland Lake Gold Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 2.75 2.22 1.79 1.97 2.08

Competitive Comparison of Kirkland Lake Gold's Price-to-Tangible-Book

For the Gold subindustry, Kirkland Lake Gold'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.


Kirkland Lake Gold's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Kirkland Lake Gold's Price-to-Tangible-Book falls into.



Kirkland Lake Gold Price-to-Tangible-Book Calculation

Kirkland Lake Gold's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2021 )
=38.92/19.949
=1.95

* 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.


Kirkland Lake Gold Price-to-Tangible-Book Related Terms

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


Kirkland Lake Gold (Kirkland Lake Gold) Business Description

Traded in Other Exchanges
N/A
Address
200 Bay Street, Suite 2800, Toronto, ON, CAN, M5J 2J1
Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.