Tanzanian Gold Corporation (TRX) - P/B ratio

P/B ratio as of November 2024 : 1.58

According to Tanzanian Gold Corporation's latest financial reports the company has a price-to-book ratio of 2.69577.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Tanzanian Gold Corporation - P/B ratio (from 2021 to 2021)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.72	0.88%
2022-12-31	1.70	-21.35%
2021-12-31	2.16	-69.65%
2020-12-31	7.12	-22.46%
2019-12-31	9.19	301.19%
2018-12-31	2.29	48.2%
2017-12-31	1.54	-32.19%
2016-12-31	2.28	111.36%
2015-12-31	1.08	-33.75%
2014-12-31	1.63	-55.35%
2013-12-31	3.64	-57.67%
2012-12-31	8.61	102.47%
2011-12-31	4.25	-76.44%
2010-12-31	18.0	46.86%
2009-12-31	12.3	-40.88%
2008-12-31	20.8	-7.61%
2007-12-31	22.5	-20.54%
2006-12-31	28.3	-9.35%
2005-12-31	31.2	504.29%
2004-12-31	5.17	-40.75%
2003-12-31	8.72
2002-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Almaden Minerals AAU	4.41	178.49%	🇨🇦 Canada

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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