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Equatorial Resources (ASX:EQX) Price-to-Tangible-Book

: 0.96 (As of Today)
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As of today (2023-03-30), Equatorial Resources's share price is A$0.145. Equatorial Resources's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was A$0.15. Hence, Equatorial Resources's Price to Tangible Book Ratio of today is 0.96.

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

ASX:EQX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26   Med: 1.22   Max: 70
Current: 0.97

During the past 13 years, Equatorial Resources's highest Price to Tangible Book Ratio was 70.00. The lowest was 0.26. And the median was 1.22.

ASX:EQX's Price-to-Tangible-Book is ranked better than
51.31% of 571 companies
in the Steel industry
Industry Median: 0.99 vs ASX:EQX: 0.97

A closely related ratio is called PB Ratio. As of today, Equatorial Resources's share price is A$0.145. Equatorial Resources's Book Value per Sharefor the quarter that ended in Dec. 2022 was A$0.15. Hence, Equatorial Resources's P/B Ratio of today is 0.96.


Equatorial Resources Price-to-Tangible-Book Historical Data

The historical data trend for Equatorial Resources'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.

Equatorial Resources Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.85 0.77 1.01 1.27

Equatorial Resources Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 0.96 1.01 1.25 1.27 1.26

Competitive Comparison

For the Steel subindustry, Equatorial Resources'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.

   

Equatorial Resources Price-to-Tangible-Book Distribution

For the Steel industry and Basic Materials sector, Equatorial Resources's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Equatorial Resources's Price-to-Tangible-Book falls in comparison to its industry or sector. The grey bar indicates the Price-to-Tangible-Book's extreme value range as defined by GuruFocus.



Equatorial Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2022 )
=0.145/0.151
=0.96

* 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.


Equatorial Resources Price-to-Tangible-Book Related Terms

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


Equatorial Resources (ASX:EQX) Business Description

Equatorial Resources logo
Traded in Other Exchanges
Address
28 The Esplanade, Level 9, BGC Centre, Perth, WA, AUS, 6000
Equatorial Resources Ltd is an iron ore exploration and development company. The company's iron ore projects are located in the Republic of Congo (ROC). The company focuses on advancing its existing mineral resource assets in Africa, as well as searching for new opportunities in the resources sector. It operates the Badondo Iron Project located in the northwest region of the Republic of Congo. Central & West Africa hosts a regional distribution of undeveloped world-class high-grade iron ore deposits. It is comprised of the same rock type and similar geological formation as the Carajas System in South America.

Equatorial Resources (ASX:EQX) Headlines

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