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Velox Energy Materials (TSXV:VLX) Price-to-Tangible-Book : 5.00 (As of May. 12, 2024)


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What is Velox Energy Materials Price-to-Tangible-Book?

As of today (2024-05-12), Velox Energy Materials's share price is C$0.07. Velox Energy Materials's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.01. Hence, Velox Energy Materials's Price to Tangible Book Ratio of today is 5.00.

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

TSXV:VLX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.3   Med: 1.4   Max: 5
Current: 5

During the past 13 years, Velox Energy Materials's highest Price to Tangible Book Ratio was 5.00. The lowest was 0.30. And the median was 1.40.

TSXV:VLX's Price-to-Tangible-Book is ranked worse than
91.57% of 2230 companies
in the Metals & Mining industry
Industry Median: 1.35 vs TSXV:VLX: 5.00

A closely related ratio is called PB Ratio. As of today, Velox Energy Materials's share price is C$0.07. Velox Energy Materials's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.03. Hence, Velox Energy Materials's P/B Ratio of today is 2.50.


Velox Energy Materials Price-to-Tangible-Book Historical Data

The historical data trend for Velox Energy Materials'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.

Velox Energy Materials Price-to-Tangible-Book Chart

Velox Energy Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.40 - 1.39 4.29

Velox Energy Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.39 3.24 5.38 6.36 4.29

Competitive Comparison of Velox Energy Materials's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Velox Energy Materials'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.


Velox Energy Materials's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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



Velox Energy Materials Price-to-Tangible-Book Calculation

Velox Energy Materials's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.07/0.014
=5.00

* 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.


Velox Energy Materials Price-to-Tangible-Book Related Terms

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


Velox Energy Materials (TSXV:VLX) Business Description

Traded in Other Exchanges
Address
401 Bay Street, P.O. BOX 4, Suite 2704, Toronto, ON, CAN, M5H 2Y4
Velox Energy Materials Inc is an exploration and development company. It has focused on energy materials solutions for the global transition to net zero. The company's immediate focus is the North Queensland Vanadium Project in Queensland, Australia, Kotai Hydrogen project and Mineral Resources and Ore Reserves.

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