GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lake Resources NL (STU:LK1) » Definitions » Price-to-Tangible-Book

Lake Resources NL (STU:LK1) Price-to-Tangible-Book : 0.72 (As of May. 21, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Lake Resources NL Price-to-Tangible-Book?

As of today (2024-05-21), Lake Resources NL's share price is €0.0429. Lake Resources NL's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.06. Hence, Lake Resources NL's Price to Tangible Book Ratio of today is 0.72.

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

STU:LK1' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.69   Med: 4   Max: 40
Current: 0.72

During the past 13 years, Lake Resources NL's highest Price to Tangible Book Ratio was 40.00. The lowest was 0.69. And the median was 4.00.

STU:LK1's Price-to-Tangible-Book is ranked better than
74.73% of 2220 companies
in the Metals & Mining industry
Industry Median: 1.37 vs STU:LK1: 0.72

A closely related ratio is called PB Ratio. As of today, Lake Resources NL's share price is €0.0429. Lake Resources NL's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.06. Hence, Lake Resources NL's P/B Ratio of today is 0.72.


Lake Resources NL Price-to-Tangible-Book Historical Data

The historical data trend for Lake Resources NL'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.

Lake Resources NL Price-to-Tangible-Book Chart

Lake Resources NL 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 2.35 0.63 7.43 4.86 2.26

Lake Resources NL 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 12.65 4.86 4.98 2.26 1.29

Competitive Comparison of Lake Resources NL's Price-to-Tangible-Book

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


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

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

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



Lake Resources NL Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.0429/0.06
=0.72

* 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.


Lake Resources NL Price-to-Tangible-Book Related Terms

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


Lake Resources NL (STU:LK1) Business Description

Traded in Other Exchanges
Address
126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000
Lake Resources NL is a is a lithium exploration company. The principal activities of the company are the exploration and development of lithium brine projects and lithium hard rock projects; and exploration for minerals. The company projects include Olaroz/Cauchari, Paso, Kachi, and Catamarca Pegmatites.

Lake Resources NL (STU:LK1) Headlines

No Headlines