Reflex Advanced Materials (XCNQ:RFLX) Price-to-Tangible-Book : 3.57 (As of May. 26, 2024)

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What is Reflex Advanced Materials Price-to-Tangible-Book?

As of today (2024-05-26), Reflex Advanced Materials's share price is C$0.10. Reflex Advanced Materials's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was C$0.03. Hence, Reflex Advanced Materials's Price to Tangible Book Ratio of today is 3.57.

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

XCNQ:RFLX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.33 Med: 6.43 Max: 11.59
Current: 3.33

During the past 2 years, Reflex Advanced Materials's highest Price to Tangible Book Ratio was 11.59. The lowest was 3.33. And the median was 6.43.

XCNQ:RFLX's Price-to-Tangible-Book is ranked worse than
78.57% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs XCNQ:RFLX: 3.33

A closely related ratio is called PB Ratio. As of today, Reflex Advanced Materials's share price is C$0.10. Reflex Advanced Materials's Book Value per Sharefor the quarter that ended in Oct. 2023 was C$0.03. Hence, Reflex Advanced Materials's P/B Ratio of today is 3.57.

Reflex Advanced Materials Price-to-Tangible-Book Historical Data

The historical data trend for Reflex Advanced Materials'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.

Reflex Advanced Materials Price-to-Tangible-Book Chart

Reflex Advanced Materials Annual Data

Trend

Jan22

Jan23

Price-to-Tangible-Book

11.59

Reflex Advanced Materials Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Price-to-Tangible-Book	Get a 7-Day Free Trial				5.00	11.59	4.77	7.50	6.43

Competitive Comparison of Reflex Advanced Materials's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Reflex Advanced Materials'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.

Reflex Advanced Materials's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Reflex Advanced Materials's Price-to-Tangible-Book falls into.

Reflex Advanced Materials Price-to-Tangible-Book Calculation

Reflex Advanced Materials's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Oct. 2023 )
	=	0.10	/	0.028
	=	3.57

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.

Reflex Advanced Materials Price-to-Tangible-Book Related Terms

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

Reflex Advanced Materials (XCNQ:RFLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Reflex Advanced Materials Corp (XCNQ:RFLX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

RFLXF:USA HF2:Germany

Address

905 West Pender Street, 6th Floor, Vancouver, BC, CAN, V6C 1L6

Website

https://www.reflexmaterials.com

Reflex Advanced Materials Corp is engaged in the business of mineral exploration in Canada. The company is working to advance its ZigZag Lake Lithium Property, located in Thunder Bay Mining Division, Crescent Lake Area, Ontario, Canada.

Executives

Dave Bowen

10% Security Holder, Deemed Insider - 6 Months before becoming Insider, Director, Senior Officer

Reflex Advanced Materials (XCNQ:RFLX) Headlines

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