New Break Resources (XCNQ:NBRK) Price-to-Tangible-Book : 5.63 (As of May. 14, 2024)

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What is New Break Resources Price-to-Tangible-Book?

As of today (2024-05-14), New Break Resources's share price is C$0.09. New Break Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.02. Hence, New Break Resources's Price to Tangible Book Ratio of today is 5.63.

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

XCNQ:NBRK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.75 Med: 4.66 Max: 5.63
Current: 4.5

During the past 3 years, New Break Resources's highest Price to Tangible Book Ratio was 5.63. The lowest was 3.75. And the median was 4.66.

XCNQ:NBRK's Price-to-Tangible-Book is ranked worse than
84.86% of 2232 companies
in the Metals & Mining industry
Industry Median: 1.335 vs XCNQ:NBRK: 4.50

A closely related ratio is called PB Ratio. As of today, New Break Resources's share price is C$0.09. New Break Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.02. Hence, New Break Resources's P/B Ratio of today is 5.63.

New Break Resources Price-to-Tangible-Book Historical Data

The historical data trend for New Break 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.

New Break Resources Price-to-Tangible-Book Chart

New Break Resources Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

5.56

3.75

New Break Resources Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial						5.56	8.08	4.58	4.69	3.75

Competitive Comparison of New Break Resources's Price-to-Tangible-Book

For the Gold subindustry, New Break 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.

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

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

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

New Break Resources Price-to-Tangible-Book Calculation

New Break 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 )
	=	0.09	/	0.016
	=	5.63

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.

New Break Resources Price-to-Tangible-Book Related Terms

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

New Break Resources (XCNQ:NBRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Break Resources Ltd (XCNQ:NBRK) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 King Street East, Suite 902, Toronto, CAN, M5C 1C4

Website

https://www.newbreakresources.ca

New Break Resources Ltd is a Canadian mineral exploration and development company. The Company is engaged in the acquisition, exploration, and evaluation of mineral properties in Canada. New Break is focused on gold exploration at its Moray Gold Project, located 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine operated by Alamos Gold Inc. and at its four projects in Kivalliq Region, Nunavut, including the Sundog Gold Project and Esker Gold Project.

Executives

William Donald Love

Senior Officer

New Break Resources (XCNQ:NBRK) Headlines

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