Tianqi Lithium's book value per share for the quarter that ended in Dec. 2023 was €4.16.
During the past 12 months, Tianqi Lithium's average Book Value Per Share Growth Rate was 3.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 111.30% 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.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Tianqi Lithium was 111.30% per year. The lowest was 93.40% per year. And the median was 102.35% per year.
Tianqi Lithium's current price is €3.02. Its book value per share for the quarter that ended in Dec. 2023 was €4.16. Hence, today's PB Ratio of Tianqi Lithium is 0.73.
During the past 5 years, the highest P/B Ratio of Tianqi Lithium was 4.81. The lowest was 0.72. And the median was 1.31.
Good Sign:
Tianqi Lithium Corp stock PB Ratio (=0.72) is close to 2-year low of 0.72
Tianqi Lithium Book Value per Share Historical Data
The historical data trend for Tianqi Lithium'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.
Competitive Comparison of Tianqi Lithium's Book Value per Share
For the Other Industrial Metals & Mining subindustry, Tianqi Lithium'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.
Tianqi Lithium's PB Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Tianqi Lithium's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tianqi Lithium's PB Ratio falls into.
Tianqi Lithium Book Value per Share Calculation
Tianqi Lithium's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Tianqi Lithium (STU:2220) 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.
Tianqi Lithium Book Value per Share Related Terms
Thank you for viewing the detailed overview of Tianqi Lithium's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.
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