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Collective Metals (XCNQ:COMT) Price-to-Tangible-Book : 2.63 (As of May. 24, 2024)


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What is Collective Metals Price-to-Tangible-Book?

As of today (2024-05-24), Collective Metals's share price is C$0.25. Collective Metals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.10. Hence, Collective Metals's Price to Tangible Book Ratio of today is 2.63.

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

XCNQ:COMT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.79   Med: 1.87   Max: 2.6
Current: 2.5

During the past 3 years, Collective Metals's highest Price to Tangible Book Ratio was 2.60. The lowest was 1.79. And the median was 1.87.

XCNQ:COMT's Price-to-Tangible-Book is ranked worse than
70.93% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.38 vs XCNQ:COMT: 2.50

A closely related ratio is called PB Ratio. As of today, Collective Metals's share price is C$0.25. Collective Metals's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.10. Hence, Collective Metals's P/B Ratio of today is 2.63.


Collective Metals Price-to-Tangible-Book Historical Data

The historical data trend for Collective Metals'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.

Collective Metals Price-to-Tangible-Book Chart

Collective Metals Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 1.79 1.95

Collective Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.79 1.30 2.31 2.52 1.95

Competitive Comparison of Collective Metals's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, Collective Metals'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.


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

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

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



Collective Metals Price-to-Tangible-Book Calculation

Collective Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.25/0.095
=2.63

* 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.


Collective Metals Price-to-Tangible-Book Related Terms

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


Collective Metals (XCNQ:COMT) Business Description

Traded in Other Exchanges
Address
22 Leader Lane, Suite 409, Toronto, ON, CAN, M5E 0B2
Collective Metals Inc is engaged in the acquisition, exploration, and development of mineral properties in Canada. It is specialized in precious metals exploration in the Northwest Territories. The company is currently engaged in the business of mineral exploration of the Up Town Gold Property in the Northwest Territories, Canada. The firm operates in one reportable operating segment, the acquisition, and exploration of mineral properties in Canada.

Collective Metals (XCNQ:COMT) Headlines

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