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

Corazon Mining (ASX:CZN) Price-to-Tangible-Book : 0.32 (As of May. 26, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Corazon Mining Price-to-Tangible-Book?

As of today (2024-05-26), Corazon Mining's share price is A$0.009. Corazon Mining's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.03. Hence, Corazon Mining's Price to Tangible Book Ratio of today is 0.32.

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

ASX:CZN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.3   Med: 1.19   Max: 7.02
Current: 0.3

During the past 13 years, Corazon Mining's highest Price to Tangible Book Ratio was 7.02. The lowest was 0.30. And the median was 1.19.

ASX:CZN's Price-to-Tangible-Book is ranked better than
95.27% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:CZN: 0.30

A closely related ratio is called PB Ratio. As of today, Corazon Mining's share price is A$0.009. Corazon Mining's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.03. Hence, Corazon Mining's P/B Ratio of today is 0.32.


Corazon Mining Price-to-Tangible-Book Historical Data

The historical data trend for Corazon Mining'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.

Corazon Mining Price-to-Tangible-Book Chart

Corazon Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.20 1.05 0.62 0.54

Corazon Mining 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 1.01 0.62 0.72 0.54 0.54

Competitive Comparison of Corazon Mining's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Corazon Mining'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.


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

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

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



Corazon Mining Price-to-Tangible-Book Calculation

Corazon Mining's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.009/0.028
=0.32

* 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.


Corazon Mining Price-to-Tangible-Book Related Terms

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


Corazon Mining (ASX:CZN) Business Description

Traded in Other Exchanges
N/A
Address
33 Ord Street, Level 3, West Perth, WA, AUS, 6005
Corazon Mining Ltd explores and develops mineral resources such as nickel, copper, and gold and develops mining activities. The company's projects include the Lynn Lake Nickel-Copper-Sulphide project in Canada, the Mt Gilmore Cobalt-Copper-Gold project in Australia, and the Miriam Nickel-Copper Sulphide Project in Australia. The firm has two reportable segments based on the geographical areas of the mineral resource and exploration activities in Australia and Canada whereas it derives revenue from Australia.

Corazon Mining (ASX:CZN) Headlines

No Headlines