GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kumba Iron Ore Ltd (JSE:KIO) » Definitions » Price-to-Tangible-Book

Kumba Iron Ore (JSE:KIO) Price-to-Tangible-Book : 2.93 (As of Apr. 28, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Kumba Iron Ore Price-to-Tangible-Book?

As of today (2024-04-28), Kumba Iron Ore's share price is R475.54. Kumba Iron Ore's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was R162.08. Hence, Kumba Iron Ore's Price to Tangible Book Ratio of today is 2.93.

The historical rank and industry rank for Kumba Iron Ore's Price-to-Tangible-Book or its related term are showing as below:

JSE:KIO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.68   Med: 3.58   Max: 4.21
Current: 2.93

During the past 13 years, Kumba Iron Ore's highest Price to Tangible Book Ratio was 4.21. The lowest was 0.68. And the median was 3.58.

JSE:KIO's Price-to-Tangible-Book is ranked worse than
82.75% of 603 companies
in the Steel industry
Industry Median: 1.05 vs JSE:KIO: 2.93

A closely related ratio is called PB Ratio. As of today, Kumba Iron Ore's share price is R475.54. Kumba Iron Ore's Book Value per Sharefor the quarter that ended in Dec. 2023 was R162.08. Hence, Kumba Iron Ore's P/B Ratio of today is 2.93.


Kumba Iron Ore Price-to-Tangible-Book Historical Data

The historical data trend for Kumba Iron Ore's Price-to-Tangible-Book 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.

* Premium members only.

Kumba Iron Ore Price-to-Tangible-Book Chart

Kumba Iron Ore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.69 4.21 3.31 3.85 3.79

Kumba Iron Ore Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.31 3.62 3.85 3.06 3.79

Competitive Comparison of Kumba Iron Ore's Price-to-Tangible-Book

For the Steel subindustry, Kumba Iron Ore's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Kumba Iron Ore's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kumba Iron Ore's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kumba Iron Ore's Price-to-Tangible-Book falls into.



Kumba Iron Ore Price-to-Tangible-Book Calculation

Kumba Iron Ore's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=475.54/162.077
=2.93

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Kumba Iron Ore Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Kumba Iron Ore's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Kumba Iron Ore (JSE:KIO) Business Description

Traded in Other Exchanges
Address
144 Oxford Road, Rosebank, Melrose, Johannesburg, GT, ZAF, 2196
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending and sale of iron ore to the global steel industry. The company primarily operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake, located near the town of Kathu in the Northern Cape Province. The Sishen mine is an opencast mine and produces the bulk of the group's iron ore, most of which is exported. It also holds interest in Kolomela mine.