Steadright Critical Minerals (XCNQ:SCM) Price-to-Tangible-Book : 0.57 (As of May. 29, 2024)

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What is Steadright Critical Minerals Price-to-Tangible-Book?

As of today (2024-05-29), Steadright Critical Minerals's share price is C$0.04. Steadright Critical Minerals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.07. Hence, Steadright Critical Minerals's Price to Tangible Book Ratio of today is 0.57.

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

XCNQ:SCM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.57 Med: 6.84 Max: 20.83
Current: 0.57

During the past 2 years, Steadright Critical Minerals's highest Price to Tangible Book Ratio was 20.83. The lowest was 0.57. And the median was 6.84.

XCNQ:SCM's Price-to-Tangible-Book is ranked better than
80.92% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.395 vs XCNQ:SCM: 0.57

A closely related ratio is called PB Ratio. As of today, Steadright Critical Minerals's share price is C$0.04. Steadright Critical Minerals's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.07. Hence, Steadright Critical Minerals's P/B Ratio of today is 0.57.

Steadright Critical Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Steadright Critical Minerals'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.

Steadright Critical Minerals Price-to-Tangible-Book Chart

Steadright Critical Minerals Annual Data

Trend

Mar22

Mar23

Price-to-Tangible-Book

12.90

Steadright Critical Minerals Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial					20.83	12.90	6.84	2.24	0.71

Competitive Comparison of Steadright Critical Minerals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Steadright Critical Minerals'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.

Steadright Critical Minerals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Steadright Critical Minerals's Price-to-Tangible-Book falls into.

Steadright Critical Minerals Price-to-Tangible-Book Calculation

Steadright Critical Minerals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.04	/	0.07
	=	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.

Steadright Critical Minerals Price-to-Tangible-Book Related Terms

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Steadright Critical Minerals (XCNQ:SCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Steadright Critical Minerals Inc (XCNQ:SCM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Crescent Road, Suite 216, Huntsville, ON, CAN, P1H 1Z6

Website

https://www.steadright.ca

Steadright Critical Minerals Inc is a mining exploration company. The company is engaged in the exploration and evaluation of mineral properties. It explores nickel, copper cobalt, and PGE (Platinum Group Elements) minerals. The company has a focus on the RAM project located within the Province of Quebec.