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Kobo Resources (TSXV:KRI) Price-to-Tangible-Book : 16.73 (As of May. 24, 2024)


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

As of today (2024-05-24), Kobo Resources's share price is C$0.435. Kobo Resources's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was C$0.03. Hence, Kobo Resources's Price to Tangible Book Ratio of today is 16.73.

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

TSXV:KRI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 9.1   Med: 10.52   Max: 16.73
Current: 14.5

During the past 3 years, Kobo Resources's highest Price to Tangible Book Ratio was 16.73. The lowest was 9.10. And the median was 10.52.

TSXV:KRI's Price-to-Tangible-Book is ranked worse than
96.89% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.38 vs TSXV:KRI: 14.50

A closely related ratio is called PB Ratio. As of today, Kobo Resources's share price is C$0.435. Kobo Resources's Book Value per Sharefor the quarter that ended in Sep. 2023 was C$0.03. Hence, Kobo Resources's P/B Ratio of today is 16.73.


Kobo Resources Price-to-Tangible-Book Historical Data

The historical data trend for Kobo 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.

Kobo Resources Price-to-Tangible-Book Chart

Kobo Resources Annual Data
Trend Dec20 Dec21 Dec22
Price-to-Tangible-Book
- - -

Kobo Resources Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only - - 9.10 10.52 11.73

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

For the Gold subindustry, Kobo 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.


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

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

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



Kobo Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=0.435/0.026
=16.73

* 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.


Kobo Resources Price-to-Tangible-Book Related Terms

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


Kobo Resources (TSXV:KRI) Business Description

Traded in Other Exchanges
N/A
Address
388 Grande-Allee East, Suite 101, Quebec, QC, CAN, G1R 2J4
Kobo Resources Inc is an exploration and mining development company focused on acquiring, exploring and developing gold property assets located in West Africa and primarily in Cote d'Ivoire.
Executives
Patrick Gagnon Director

Kobo Resources (TSXV:KRI) Headlines

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