Lundin Mining (Lundin Mining) Price-to-Tangible-Book

: 1.84 (As of Today)

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As of today (2024-04-23), Lundin Mining's share price is $11.12. Lundin Mining's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.04. Hence, Lundin Mining's Price to Tangible Book Ratio of today is 1.84.

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

LUNMF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.54 Med: 1.19 Max: 1.97
Current: 1.89

During the past 13 years, Lundin Mining's highest Price to Tangible Book Ratio was 1.97. The lowest was 0.54. And the median was 1.19.

LUNMF's Price-to-Tangible-Book is ranked worse than
63.99% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.32 vs LUNMF: 1.89

A closely related ratio is called PB Ratio. As of today, Lundin Mining's share price is $11.12. Lundin Mining's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.41. Hence, Lundin Mining's P/B Ratio of today is 1.73.

Lundin Mining Price-to-Tangible-Book Historical Data

The historical data trend for Lundin Mining'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.

Lundin Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.24

1.76

1.36

1.03

1.36

Lundin Mining 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															1.03	1.11	1.28	1.24	1.36

Competitive Comparison

For the Copper subindustry, Lundin Mining'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.

Lundin Mining Price-to-Tangible-Book Distribution

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

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

Lundin Mining Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	11.12	/	6.042
	=	1.84

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.

Lundin Mining Price-to-Tangible-Book Related Terms

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Lundin Mining (Lundin Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lundin Mining Corp (OTCPK:LUNMF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

LUMI:Sweden LUMIs:UK 0RQ9:UK GXD:Germany LUN:Canada

Address

150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9

Website

https://www.lundinmining.com

Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.