Vertex Minerals (ASX:VTX) Price-to-Tangible-Book : 0.65 (As of May. 23, 2024)

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What is Vertex Minerals Price-to-Tangible-Book?

As of today (2024-05-23), Vertex Minerals's share price is A$0.083. Vertex Minerals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.13. Hence, Vertex Minerals's Price to Tangible Book Ratio of today is 0.65.

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

ASX:VTX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62 Med: 0.75 Max: 1.17
Current: 0.64

During the past 2 years, Vertex Minerals's highest Price to Tangible Book Ratio was 1.17. The lowest was 0.62. And the median was 0.75.

ASX:VTX's Price-to-Tangible-Book is ranked better than
75.87% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.4 vs ASX:VTX: 0.64

A closely related ratio is called PB Ratio. As of today, Vertex Minerals's share price is A$0.083. Vertex Minerals's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.13. Hence, Vertex Minerals's P/B Ratio of today is 0.65.

Vertex Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Vertex 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.

Vertex Minerals Price-to-Tangible-Book Chart

Vertex Minerals Annual Data

Trend

Jun22

Jun23

Price-to-Tangible-Book

0.70

0.68

Vertex Minerals Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	0.70	0.79	0.68	1.17

Competitive Comparison of Vertex Minerals's Price-to-Tangible-Book

For the Gold subindustry, Vertex 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.

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

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

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

Vertex Minerals Price-to-Tangible-Book Calculation

Vertex 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 )
	=	0.083	/	0.128
	=	0.65

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.

Vertex Minerals Price-to-Tangible-Book Related Terms

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

Vertex Minerals (ASX:VTX) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

VTXXF:USA

Address

460 Stirling Highway, Unit 38, Peppermint Grove, WA, AUS, 6011

Website

https://www.vertexminerals.com

Vertex Minerals Ltd is a mineral exploration and development company. It explores for gold. The Company is organised into one operating segment, being mining and exploration operations. The principal products and services of this operating segment are the mining and exploration operations predominately in Australia.

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