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Grit Metals (FRA:K9T) Book Value per Share : €0.07 (As of Nov. 2024)


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What is Grit Metals Book Value per Share?

Grit Metals's book value per share for the quarter that ended in Nov. 2024 was €0.07.

During the past 12 months, Grit Metals's average Book Value Per Share Growth Rate was -22.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

Grit Metals's current price is €0.076. Its book value per share for the quarter that ended in Nov. 2024 was €0.07. Hence, today's PB Ratio of Grit Metals is 1.03.

During the past 4 years, the highest P/B Ratio of Grit Metals was 6.89. The lowest was 0.00. And the median was 0.00.


Grit Metals Book Value per Share Historical Data

The historical data trend for Grit Metals's Book Value per Share 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.

Grit Metals Book Value per Share Chart

Grit Metals Annual Data
Trend May21 May22 May23 May24
Book Value per Share
- 0.08 0.04 0.08

Grit Metals Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.09 0.08 0.08 0.07

Competitive Comparison of Grit Metals's Book Value per Share

For the Other Industrial Metals & Mining subindustry, Grit Metals's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Grit Metals's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grit Metals's PB Ratio distribution charts can be found below:

* The bar in red indicates where Grit Metals's PB Ratio falls into.


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Grit Metals Book Value per Share Calculation

Grit Metals's Book Value Per Share for the fiscal year that ended in May. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3.07-0.00)/36.97
=0.08

Grit Metals's Book Value Per Share for the quarter that ended in Nov. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4.06-0.00)/55.21
=0.07

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Grit Metals  (FRA:K9T) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Grit Metals Book Value per Share Related Terms

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Grit Metals Business Description

Traded in Other Exchanges
Address
503 - 905 West Pender Street, Vancouver, BC, CAN, V6C 1L6
Grit Metals Corp is a junior mining company currently focussed on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland. Governing bodies in Europe and Finland are legislating environmentally friendly and energy-independent laws and policies. Its key component is access to REE and, specifically, lithium. The company's exploration licenses are located within the Keliber mine and production complex, currently under construction and expected to begin production in H2 2025.

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