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Fenix Resources (ASX:FEX) Price-to-Tangible-Book : 1.69 (As of May. 06, 2024)


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What is Fenix Resources Price-to-Tangible-Book?

As of today (2024-05-06), Fenix Resources's share price is A$0.305. Fenix Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.18. Hence, Fenix Resources's Price to Tangible Book Ratio of today is 1.69.

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

ASX:FEX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23   Med: 1.77   Max: 5.63
Current: 1.69

During the past 13 years, Fenix Resources's highest Price to Tangible Book Ratio was 5.63. The lowest was 0.23. And the median was 1.77.

ASX:FEX's Price-to-Tangible-Book is ranked worse than
65.28% of 602 companies
in the Steel industry
Industry Median: 1.06 vs ASX:FEX: 1.69

A closely related ratio is called PB Ratio. As of today, Fenix Resources's share price is A$0.305. Fenix Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.22. Hence, Fenix Resources's P/B Ratio of today is 1.38.


Fenix Resources Price-to-Tangible-Book Historical Data

The historical data trend for Fenix 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.

Fenix Resources Price-to-Tangible-Book Chart

Fenix Resources 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 3.33 2.92 2.10 1.50 1.85

Fenix Resources 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 2.03 1.50 1.76 1.85 1.57

Competitive Comparison of Fenix Resources's Price-to-Tangible-Book

For the Steel subindustry, Fenix 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.


Fenix Resources's Price-to-Tangible-Book Distribution in the Steel Industry

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

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



Fenix Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.305/0.181
=1.69

* 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.


Fenix Resources Price-to-Tangible-Book Related Terms

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


Fenix Resources (ASX:FEX) Business Description

Traded in Other Exchanges
N/A
Address
1202 Hay Street, Office 10, Emerald House, Perth, WA, AUS, 6005
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has three reportable segments: the Iron Ridge Project, Fenix-Newhaul and Trucking Joint Venture. It is involved in the exploration of iron, base metals, and precious metals in Western Australia. The majority of the revenue is generated from Western Australia's iron ore mining. Its Iron Ridge Project is located approximately 600 km north-northeast of Perth and approximately 67 km northeast of the township of Cue in the Murchison region.