Ioneer (ASX:INR) Price-to-Tangible-Book : 1.51 (As of May. 13, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Ioneer Price-to-Tangible-Book?

As of today (2024-05-13), Ioneer's share price is A$0.21. Ioneer's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.14. Hence, Ioneer's Price to Tangible Book Ratio of today is 1.51.

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

ASX:INR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33 Med: 2.71 Max: 13.18
Current: 1.5

During the past 13 years, Ioneer's highest Price to Tangible Book Ratio was 13.18. The lowest was 0.33. And the median was 2.71.

ASX:INR's Price-to-Tangible-Book is ranked worse than
55.78% of 2232 companies
in the Metals & Mining industry
Industry Median: 1.35 vs ASX:INR: 1.50

A closely related ratio is called PB Ratio. As of today, Ioneer's share price is A$0.21. Ioneer's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.14. Hence, Ioneer's P/B Ratio of today is 1.51.

Ioneer Price-to-Tangible-Book Historical Data

The historical data trend for Ioneer'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.

Ioneer Price-to-Tangible-Book Chart

Ioneer Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.08

1.69

3.54

2.95

2.43

Ioneer Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	2.43	-	1.08	-

Competitive Comparison of Ioneer's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Ioneer'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.

Ioneer's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

Ioneer Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.21	/	0.139
	=	1.51

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Ioneer Price-to-Tangible-Book Related Terms

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

Ioneer (ASX:INR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ioneer Ltd (ASX:INR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

IONR:USA GSCCF:USA

Address

213 Miller Street, Level 16, Suite 16.01, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ioneer.com

Ioneer Ltd is a mineral exploration company. The company's focus is on the Rhyolite Ridge Lithium-Boron Project located in Nevada, USA. Geographically, the group has a business presence in Australia and North America. The company's focus is to develop a U.S. based source of lithium and boron that can be extracted in an environmentally and socially responsible manner, providing two materials that are essential to achieve a sustainable future for the planet.