Phoslock Environmental Technologies (ASX:PET) Price-to-Tangible-Book

: 1.67 (As of Today)

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As of today (2024-04-19), Phoslock Environmental Technologies's share price is A$0.025. Phoslock Environmental Technologies's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was A$0.02. Hence, Phoslock Environmental Technologies's Price to Tangible Book Ratio of today is 1.67.

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

ASX:PET' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.13 Med: 7.84 Max: 90
Current: 1.25

During the past 13 years, Phoslock Environmental Technologies's highest Price to Tangible Book Ratio was 90.00. The lowest was 1.13. And the median was 7.84.

ASX:PET's Price-to-Tangible-Book is not ranked
in the Industrial Products industry.
Industry Median: 2.06 vs ASX:PET: 1.25

A closely related ratio is called PB Ratio. As of today, Phoslock Environmental Technologies's share price is A$0.025. Phoslock Environmental Technologies's Book Value per Sharefor the quarter that ended in Jun. 2023 was A$0.02. Hence, Phoslock Environmental Technologies's P/B Ratio of today is 1.67.

Phoslock Environmental Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Phoslock Environmental Technologies'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.

Phoslock Environmental Technologies Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

15.28

5.21

5.98

1.57

Phoslock Environmental Technologies Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book																5.33	5.98	7.90	1.57	1.13

Competitive Comparison

For the Pollution & Treatment Controls subindustry, Phoslock Environmental Technologies'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.

Phoslock Environmental Technologies Price-to-Tangible-Book Distribution

For the Industrial Products industry and Industrials sector, Phoslock Environmental Technologies's Price-to-Tangible-Book distribution charts can be found below:

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

Phoslock Environmental Technologies Price-to-Tangible-Book Calculation

Phoslock Environmental Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.025	/	0.015
	=	1.67

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.

Phoslock Environmental Technologies Price-to-Tangible-Book Related Terms

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Phoslock Environmental Technologies (ASX:PET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Phoslock Environmental Technologies Ltd (ASX:PET) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 Chapel Street, Unit D, Level 2, Como Centre, South Yarra, VIC, AUS, 3141

Website

https://www.phoslock.com.au

Phoslock Environmental Technologies Ltd provides water technologies and engineering solutions to manage nutrients and other water pollutants. The company has several products to manage unhealthy water bodies and promote healthy aquatic environments. Its business includes the sale of Phoslock granules and application services and lake restoration consulting services. The geographical segments of the group are Australia/New Zealand, Europe/UK, US/Canada/Brazil and China.