Carawine Resources (ASX:CWX) Price-to-Tangible-Book : 0.93 (As of May. 16, 2024)

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What is Carawine Resources Price-to-Tangible-Book?

As of today (2024-05-16), Carawine Resources's share price is A$0.10. Carawine Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.11. Hence, Carawine Resources's Price to Tangible Book Ratio of today is 0.93.

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

ASX:CWX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62 Med: 1.29 Max: 1.97
Current: 0.91

During the past 6 years, Carawine Resources's highest Price to Tangible Book Ratio was 1.97. The lowest was 0.62. And the median was 1.29.

ASX:CWX's Price-to-Tangible-Book is ranked better than
65.17% of 2228 companies
in the Metals & Mining industry
Industry Median: 1.35 vs ASX:CWX: 0.91

A closely related ratio is called PB Ratio. As of today, Carawine Resources's share price is A$0.10. Carawine Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.11. Hence, Carawine Resources's P/B Ratio of today is 0.93.

Carawine Resources Price-to-Tangible-Book Historical Data

The historical data trend for Carawine Resources'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.

Carawine Resources Price-to-Tangible-Book Chart

Carawine Resources Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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0.72

1.41

1.97

0.62

0.96

Carawine Resources Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial								1.29	0.62	0.89	0.96	1.03

Competitive Comparison of Carawine Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Carawine Resources'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.

Carawine Resources's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Carawine Resources's Price-to-Tangible-Book falls into.

Carawine Resources Price-to-Tangible-Book Calculation

Carawine Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.10	/	0.107
	=	0.93

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.

Carawine Resources Price-to-Tangible-Book Related Terms

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

Carawine Resources (ASX:CWX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Carawine Resources Ltd (ASX:CWX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Kings Park Road, Level 1, West Perth, WA, AUS, 6005

Website

https://www.carawine.com.au

Carawine Resources Ltd is a mineral exploration company. It focuses on the exploration and development of gold, copper, cobalt, and base metal within Western Australia and Victoria. The company has five exploration projects: the Jamieson project, Tropicana North Project, Oakover project, Paterson project, and Fraser Range project.

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