RRRLF (Rockridge Resources) Price-to-Tangible-Book : 0.28 (As of Nov. 13, 2024)

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What is Rockridge Resources Price-to-Tangible-Book?

As of today (2024-11-13), Rockridge Resources's share price is $0.0104. Rockridge Resources's Tangible Book per Share of Apr. 2024 for the quarter that ended in Apr. 2024 was $0.04. Hence, Rockridge Resources's Price to Tangible Book Ratio of today is 0.28.

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

RRRLF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26 Med: 1.74 Max: 5.56
Current: 0.26

During the past 8 years, Rockridge Resources's highest Price to Tangible Book Ratio was 5.56. The lowest was 0.26. And the median was 1.74.

RRRLF's Price-to-Tangible-Book is ranked better than
92.79% of 2177 companies
in the Metals & Mining industry
Industry Median: 1.33 vs RRRLF: 0.26

A closely related ratio is called PB Ratio. As of today, Rockridge Resources's share price is $0.0104. Rockridge Resources's Book Value per Sharefor the quarter that ended in Apr. 2024 was $0.04. Hence, Rockridge Resources's P/B Ratio of today is 0.28.

Rockridge Resources Price-to-Tangible-Book Historical Data

The historical data trend for Rockridge 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.

Rockridge Resources Price-to-Tangible-Book Chart

Rockridge Resources Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Price-to-Tangible-Book

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1.69

1.80

1.53

0.81

0.56

Rockridge Resources Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.63	0.56	0.26	0.28	0.34

Competitive Comparison of Rockridge Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Rockridge 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.

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

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

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

Rockridge Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Apr. 2024 )
	=	0.0104	/	0.037
	=	0.28

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.

Rockridge Resources Price-to-Tangible-Book Related Terms

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

Rockridge Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rockridge Resources Ltd (OTCPK:RRRLF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

RR0:Germany ROCK:Canada

Address

777 Dunsmuir Street, Suite 1610, Vancouver, BC, CAN, V7Y 1K4

Website

https://www.rockridgeresourcesltd.com

Rockridge Resources Ltd is a junior exploration company. Its principal business activity is acquiring, exploring, and developing mineral properties. The company's project includes the Knife Lake Project in Saskatchewan and Raney Gold Project in northern Ontario.