Richmond Vanadium Technology (ASX:RVT) Book Value per Share : A$0.21 (As of Dec. 2023)

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What is Richmond Vanadium Technology Book Value per Share?

Richmond Vanadium Technology's book value per share for the quarter that ended in Dec. 2023 was A$0.21.

During the past 12 months, Richmond Vanadium Technology's average Book Value Per Share Growth Rate was -3.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

Richmond Vanadium Technology's current price is A$0.31. Its book value per share for the quarter that ended in Dec. 2023 was A$0.21. Hence, today's PB Ratio of Richmond Vanadium Technology is 1.45.

During the past 2 years, the highest P/B Ratio of Richmond Vanadium Technology was 1.83. The lowest was 0.00. And the median was 0.00.

Richmond Vanadium Technology Book Value per Share Historical Data

The historical data trend for Richmond Vanadium Technology's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Richmond Vanadium Technology Book Value per Share Chart

Richmond Vanadium Technology Annual Data

Trend

Jun22

Jun23

Book Value per Share

0.21

Richmond Vanadium Technology Semi-Annual Data
	Dec22	Jun23	Dec23
Book Value per Share	0.22	0.21	0.21

Competitive Comparison of Richmond Vanadium Technology's Book Value per Share

For the Other Industrial Metals & Mining subindustry, Richmond Vanadium Technology's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Richmond Vanadium Technology's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Richmond Vanadium Technology's PB Ratio distribution charts can be found below:

* The bar in red indicates where Richmond Vanadium Technology's PB Ratio falls into.

Richmond Vanadium Technology Book Value per Share Calculation

Richmond Vanadium Technology's Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(47.56	-	0.00)	/	221.83
	=	0.21

Richmond Vanadium Technology's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(46.78	-	0.00)	/	221.83
	=	0.21

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Richmond Vanadium Technology (ASX:RVT) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Richmond Vanadium Technology Book Value per Share Related Terms

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Richmond Vanadium Technology (ASX:RVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Richmond Vanadium Technology Ltd (ASX:RVT) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

251 Adelaide Terrace, Level 11, Perth, WA, AUS, 6000

Website

https://www.richmondvanadium.com.au

Richmond Vanadium Technology Ltd is an Australian minerals exploration company advancing its Richmond Vanadium Project in north Queensland. The Richmond-Julia Creek Vanadium Project is the non-titanomagnetite vanadium deposit of its kind (soft marine sediments) globally and can produce a supply of vanadium for the steel and emerging energy storage markets. The project involves the development of an open cut, free dig vanadium mining operation producing vanadium pentoxide (V2O5) concentrate from the ore reserve.