IperionX (ASX:IPX) Price-to-Tangible-Book : 10.60 (As of Jun. 11, 2024)

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What is IperionX Price-to-Tangible-Book?

As of today (2024-06-11), IperionX's share price is A$2.13. IperionX's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.20. Hence, IperionX's Price to Tangible Book Ratio of today is 10.60.

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

ASX:IPX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59 Med: 6.92 Max: 42.95
Current: 10.65

During the past 6 years, IperionX's highest Price to Tangible Book Ratio was 42.95. The lowest was 0.59. And the median was 6.92.

ASX:IPX's Price-to-Tangible-Book is ranked worse than
95.22% of 2218 companies
in the Metals & Mining industry
Industry Median: 1.33 vs ASX:IPX: 10.65

A closely related ratio is called PB Ratio. As of today, IperionX's share price is A$2.13. IperionX's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.20. Hence, IperionX's P/B Ratio of today is 10.60.

IperionX Price-to-Tangible-Book Historical Data

The historical data trend for IperionX'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.

IperionX Price-to-Tangible-Book Chart

IperionX Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.59

0.88

42.95

10.93

7.06

IperionX Quarterly Data
	Jun19	Jun20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial							-	7.06	-	6.92	-

Competitive Comparison of IperionX's Price-to-Tangible-Book

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

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

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

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

IperionX Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.13	/	0.201
	=	10.60

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.

IperionX Price-to-Tangible-Book Related Terms

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

IperionX (ASX:IPX) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

IPX:USA TAOFF:USA 30Z0:Germany 30Z:Germany 30Z:Germany

Address

129 West Trade Street, Suite 1405, Charlotte, NC, USA, 28202

Website

https://www.iperionx.com

IperionX Ltd is a developer of low-carbon, sustainable, critical material supply chains focused on advanced industries including space, aerospace, electric vehicles, and 3D printing. The company's breakthrough titanium technologies have demonstrated the potential to produce titanium products that are sustainable, 100% recyclable, and have low carbon intensity. IperionX is producing titanium metal powders from titanium scrap at its operational pilot facility in Utah, It also holds a 100% interest in the Titan Project, covering over 11,000 acres of critical minerals that include titanium, rare earth elements, silica sand, and zircon in Tennessee, United States.