Torex Gold Resources Stock Price To Book

TORXF Stock  USD 22.25  0.04  0.18%   
Torex Gold Resources fundamentals help investors to digest information that contributes to Torex Gold's financial success or failures. It also enables traders to predict the movement of Torex Pink Sheet. The fundamental analysis module provides a way to measure Torex Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Torex Gold pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Torex Gold Resources Company Price To Book Analysis

Torex Gold's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Torex Gold Price To Book

    
  0.71 X  
Most of Torex Gold's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Torex Gold Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

Based on the latest financial disclosure, Torex Gold Resources has a Price To Book of 0.7145 times. This is 94.13% lower than that of the Metals & Mining sector and 103.89% lower than that of the Materials industry. The price to book for all United States stocks is 92.49% higher than that of the company.

Torex Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Torex Gold's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Torex Gold could also be used in its relative valuation, which is a method of valuing Torex Gold by comparing valuation metrics of similar companies.
Torex Gold is currently under evaluation in price to book category among its peers.

Torex Fundamentals

About Torex Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Torex Gold Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Torex Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Torex Gold Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Other Information on Investing in Torex Pink Sheet

Torex Gold financial ratios help investors to determine whether Torex Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Torex with respect to the benefits of owning Torex Gold security.