GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grid Battery Metals Inc (OTCPK:EVKRF) » Definitions » Price-to-Tangible-Book

Grid Battery Metals (Grid Battery Metals) Price-to-Tangible-Book : 1.11 (As of Apr. 29, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Grid Battery Metals Price-to-Tangible-Book?

As of today (2024-04-29), Grid Battery Metals's share price is $0.04. Grid Battery Metals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.04. Hence, Grid Battery Metals's Price to Tangible Book Ratio of today is 1.11.

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

EVKRF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.52   Med: 2.08   Max: 16.22
Current: 1

During the past 12 years, Grid Battery Metals's highest Price to Tangible Book Ratio was 16.22. The lowest was 0.52. And the median was 2.08.

EVKRF's Price-to-Tangible-Book is ranked better than
54.16% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.33 vs EVKRF: 1.00

A closely related ratio is called PB Ratio. As of today, Grid Battery Metals's share price is $0.04. Grid Battery Metals's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.04. Hence, Grid Battery Metals's P/B Ratio of today is 1.11.


Grid Battery Metals Price-to-Tangible-Book Historical Data

The historical data trend for Grid Battery Metals'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.

Grid Battery Metals Price-to-Tangible-Book Chart

Grid Battery Metals 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 0.98 2.20 1.68 3.18 2.65

Grid Battery Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.56 2.13 2.65 2.20 1.64

Competitive Comparison of Grid Battery Metals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Grid Battery Metals'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.


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

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

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



Grid Battery Metals Price-to-Tangible-Book Calculation

Grid Battery Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.04/0.036
=1.11

* 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.


Grid Battery Metals Price-to-Tangible-Book Related Terms

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


Grid Battery Metals (Grid Battery Metals) Business Description

Traded in Other Exchanges
Address
3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6
Grid Battery Metals Inc is an exploration and mining company. The company primarily explores nickel-iron alloys, important in the manufacture of environmentally efficient batteries for the electric vehicle markets. Its projects are Hard Nickel Group; Nickel 100 Group, Texas Spring, Volt canyon and Clayton Valley Lithium.