Torchlight Innovations Inc.
Torchlight Innovations Inc. designs and develops a non-toxic, water-based solution for gold extraction. The company is headquartered in Vancouver, Canada.
Market Cap & Net Worth: Torchlight Innovations Inc. (TLX-P)
Torchlight Innovations Inc. (V:TLX-P) has a market capitalization of $836.38K (CA$1.20 Million) as of March 19, 2026. Listed on the V stock exchange, this Canada-based company holds position #41515 globally and #619 in its home market, demonstrating a -10.64% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Torchlight Innovations Inc.'s stock price CA$0.42 by its total outstanding shares 2860114 (2.86 Million).
Torchlight Innovations Inc. Market Cap History: 2022 to 2025
Torchlight Innovations Inc.'s market capitalization history from 2022 to 2025. Data shows growth from $318.62K to $836.38K (37.50% CAGR).
Torchlight Innovations Inc. Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Torchlight Innovations Inc.'s valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
No P/S ratio data available
Latest Price to Earnings (P/E) Ratio
No P/E ratio data available
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| No financial ratio data available | |||||
Competitor Companies of TLX-P by Market Capitalization
Companies near Torchlight Innovations Inc. in the global market cap rankings as of March 19, 2026.
Key companies related to Torchlight Innovations Inc. by market ranking:
- CLUS (PINK:CLUS): Ranked #1968 globally with a market cap of $8.00 Billion USD.
- Cartesian Growth Corporation II Warrant (NASDAQ:RENEW): Ranked #8546 globally with a market cap of $736.93 Million USD.
- Nh Special Purpose Acquisition 14 Co. Ltd (KQ:319400): Ranked #8994 globally with a market cap of $660.01 Million USD ( ₩966.39 Billion KRW).
- EQV Ventures Acquisition Corp. II (NYSE:EVAC): Ranked #10613 globally with a market cap of $465.51 Million USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1968 | CLUS | PINK:CLUS | $8.00 Billion | $200.00 |
| #8546 | Cartesian Growth Corporation II Warrant | NASDAQ:RENEW | $736.93 Million | $138.87 |
| #8994 | Nh Special Purpose Acquisition 14 Co. Ltd | KQ:319400 | $660.01 Million | ₩30450.00 |
| #10613 | EQV Ventures Acquisition Corp. II | NYSE:EVAC | $465.51 Million | $10.07 |
Torchlight Innovations Inc. Historical Marketcap From 2022 to 2025
Between 2022 and today, Torchlight Innovations Inc.'s market cap moved from $318.62K to $ 836.38K, with a yearly change of 37.50%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | CA$836.38K | +950.00% |
| 2024 | CA$79.66K | -74.19% |
| 2023 | CA$308.67K | -3.12% |
| 2022 | CA$318.62K | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Torchlight Innovations Inc. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $836.38K USD |
| MoneyControl | $836.38K USD |
| MarketWatch | $836.38K USD |
| marketcap.company | $836.38K USD |
| Reuters | $836.38K USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.