Balkan Mining and Minerals (ASX:BMM) Price-to-Tangible-Book : 1.05 (As of May. 31, 2024)

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What is Balkan Mining and Minerals Price-to-Tangible-Book?

As of today (2024-05-31), Balkan Mining and Minerals's share price is A$0.06. Balkan Mining and Minerals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.06. Hence, Balkan Mining and Minerals's Price to Tangible Book Ratio of today is 1.05.

The historical rank and industry rank for Balkan Mining and Minerals's Price-to-Tangible-Book or its related term are showing as below:

ASX:BMM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92 Med: 3.2 Max: 3.63
Current: 1

During the past 2 years, Balkan Mining and Minerals's highest Price to Tangible Book Ratio was 3.63. The lowest was 0.92. And the median was 3.20.

ASX:BMM's Price-to-Tangible-Book is ranked better than
65.45% of 2220 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:BMM: 1.00

A closely related ratio is called PB Ratio. As of today, Balkan Mining and Minerals's share price is A$0.06. Balkan Mining and Minerals's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.06. Hence, Balkan Mining and Minerals's P/B Ratio of today is 1.05.

Balkan Mining and Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Balkan Mining and Minerals'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.

Balkan Mining and Minerals Price-to-Tangible-Book Chart

Balkan Mining and Minerals Annual Data

Trend

Jun22

Jun23

Price-to-Tangible-Book

1.47

3.39

Balkan Mining and Minerals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	3.63	1.47	3.20	3.39	1.93

Competitive Comparison of Balkan Mining and Minerals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Balkan Mining and Minerals'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.

Balkan Mining and Minerals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Balkan Mining and Minerals's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Balkan Mining and Minerals's Price-to-Tangible-Book falls into.

Balkan Mining and Minerals Price-to-Tangible-Book Calculation

Balkan Mining and Minerals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.06	/	0.057
	=	1.05

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Balkan Mining and Minerals Price-to-Tangible-Book Related Terms

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

Balkan Mining and Minerals (ASX:BMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Balkan Mining and Minerals Ltd (ASX:BMM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

7JL:Germany

Address

108 St Georges Terrace, Level 50, Perth, WA, AUS, 6008

Website

https://www.balkanmin.com

Balkan Mining and Minerals Ltd is focused on the early-stage exploration through to the development of borate and associated lithium in the Balkans. Its projects comprise the Rekovac, Dobrinja, and Pranjani Lithium-Borate Projects which are located within the Republic of Serbia.

Balkan Mining and Minerals (ASX:BMM) Headlines

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