TRX Ptb Ratio from 2010 to 2024

TNX Stock  CAD 45.54  0.70  1.51%   
TRX Gold PTB Ratio yearly trend continues to be very stable with very little volatility. PTB Ratio is likely to drop to 2.23. 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 TRX Gold's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
2.35
Current Value
2.23
Quarterly Volatility
3.12189932
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TRX Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TRX main balance sheet or income statement drivers, such as Depreciation And Amortization of 220.5 K, Interest Expense of 2.1 M or Selling General Administrative of 9.1 M, as well as many exotic indicators such as Price To Sales Ratio of 3.14, Dividend Yield of 0.0 or PTB Ratio of 2.23. TRX financial statements analysis is a perfect complement when working with TRX Gold Valuation or Volatility modules.
  
This module can also supplement various TRX Gold Technical models . Check out the analysis of TRX Gold Correlation against competitors.

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Check out the analysis of TRX Gold Correlation against competitors.
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When running TRX Gold's price analysis, check to measure TRX Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TRX Gold is operating at the current time. Most of TRX Gold's value examination focuses on studying past and present price action to predict the probability of TRX Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TRX Gold's price. Additionally, you may evaluate how the addition of TRX Gold to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between TRX Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if TRX Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TRX Gold's 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.