Hi-View Resources (XCNQ:HVW) Price-to-Tangible-Book : 0.57 (As of May. 25, 2024)

View and export this data going back to 2022. Start your Free Trial

What is Hi-View Resources Price-to-Tangible-Book?

As of today (2024-05-25), Hi-View Resources's share price is C$0.025. Hi-View Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.04. Hence, Hi-View Resources's Price to Tangible Book Ratio of today is 0.57.

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

XCNQ:HVW' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.45 Med: 2.77 Max: 3.47
Current: 0.63

During the past 3 years, Hi-View Resources's highest Price to Tangible Book Ratio was 3.47. The lowest was 0.45. And the median was 2.77.

XCNQ:HVW's Price-to-Tangible-Book is ranked better than
78.35% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.38 vs XCNQ:HVW: 0.63

A closely related ratio is called PB Ratio. As of today, Hi-View Resources's share price is C$0.025. Hi-View Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.04. Hence, Hi-View Resources's P/B Ratio of today is 0.57.

Hi-View Resources Price-to-Tangible-Book Historical Data

The historical data trend for Hi-View 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.

Hi-View Resources Price-to-Tangible-Book Chart

Hi-View Resources Annual Data

Trend

Sep21

Sep22

Sep23

Price-to-Tangible-Book

3.47

1.30

Hi-View Resources Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial					2.79	3.23	2.44	1.30	0.45

Competitive Comparison of Hi-View Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Hi-View 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.

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

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

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

Hi-View Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.025	/	0.044
	=	0.57

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.

Hi-View Resources Price-to-Tangible-Book Related Terms

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

Hi-View Resources (XCNQ:HVW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hi-View Resources Inc (XCNQ:HVW) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

B63:Germany

Address

422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4

Website

Hi-View Resources Inc is engaged in the acquisition, exploration, and development of mineral resource properties. The company's sole mineral property interest is the Ket 28 Option on the Ket 28 Property located in the Greenwood Mining Division in south-central British Columbia.

Executives

Steve Mathiesen

Director, Senior Officer

Hi-View Resources (XCNQ:HVW) Headlines

No Headlines