Taseko Ptb Ratio from 2010 to 2024

TGB Stock  USD 2.45  0.08  3.38%   
Taseko Mines' PTB Ratio is increasing over the years with stable fluctuation. Overall, PTB Ratio is expected to go to 1.29 this year. PTB Ratio is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on Taseko Mines' equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
1.23193588
Current Value
1.29
Quarterly Volatility
0.53422054
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Taseko Mines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taseko Mines' main balance sheet or income statement drivers, such as Interest Expense of 45.6 M, Total Revenue of 551.4 M or Gross Profit of 153.9 M, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 0.0 or PTB Ratio of 1.29. Taseko financial statements analysis is a perfect complement when working with Taseko Mines Valuation or Volatility modules.
  
Check out the analysis of Taseko Mines Correlation against competitors.
For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.

Latest Taseko Mines' Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Taseko Mines over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Taseko Mines' PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Taseko Mines' overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Pretty Stable
   Ptb Ratio   
       Timeline  

Taseko Ptb Ratio Regression Statistics

Arithmetic Mean1.12
Geometric Mean0.98
Coefficient Of Variation47.68
Mean Deviation0.43
Median1.23
Standard Deviation0.53
Sample Variance0.29
Range1.7841
R-Value0.17
Mean Square Error0.30
R-Squared0.03
Significance0.53
Slope0.02
Total Sum of Squares4.00

Taseko Ptb Ratio History

2024 1.29
2022 1.6
2021 2.07
2020 1.33
2019 0.51
2018 0.42
2017 1.65

About Taseko Mines Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Taseko Mines income statement, its balance sheet, and the statement of cash flows. Taseko Mines investors use historical funamental indicators, such as Taseko Mines's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Taseko Mines investors may use each financial statement separately, they are all related. The changes in Taseko Mines's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Taseko Mines's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Taseko Mines Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Taseko Mines. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 1.23  1.29 

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Additional Information and Resources on Investing in Taseko Stock

When determining whether Taseko Mines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Taseko Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Taseko Mines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Taseko Mines Stock:
Check out the analysis of Taseko Mines Correlation against competitors.
For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taseko Mines. If investors know Taseko will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taseko Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Earnings Share
0.17
Revenue Per Share
1.924
Quarterly Revenue Growth
0.272
Return On Assets
0.0436
The market value of Taseko Mines is measured differently than its book value, which is the value of Taseko that is recorded on the company's balance sheet. Investors also form their own opinion of Taseko Mines' value that differs from its market value or its book value, called intrinsic value, which is Taseko Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taseko Mines' market value can be influenced by many factors that don't directly affect Taseko Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taseko Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taseko Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taseko Mines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.