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New Hope (New Hope) Price-to-Tangible-Book : 1.57 (As of Apr. 26, 2024)


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What is New Hope Price-to-Tangible-Book?

As of today (2024-04-26), New Hope's share price is $3.00. New Hope's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $1.91. Hence, New Hope's Price to Tangible Book Ratio of today is 1.57.

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

NHPEF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.66   Med: 1.02   Max: 2.12
Current: 1.58

During the past 13 years, New Hope's highest Price to Tangible Book Ratio was 2.12. The lowest was 0.66. And the median was 1.02.

NHPEF's Price-to-Tangible-Book is ranked better than
53.12% of 160 companies
in the Other Energy Sources industry
Industry Median: 1.655 vs NHPEF: 1.58

A closely related ratio is called PB Ratio. As of today, New Hope's share price is $3.00. New Hope's Book Value per Sharefor the quarter that ended in Jan. 2024 was $1.96. Hence, New Hope's P/B Ratio of today is 1.53.


New Hope Price-to-Tangible-Book Historical Data

The historical data trend for New Hope'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.

New Hope Price-to-Tangible-Book Chart

New Hope Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 0.69 0.99 1.68 1.83

New Hope Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.96 1.68 2.13 1.83 1.87

Competitive Comparison of New Hope's Price-to-Tangible-Book

For the Thermal Coal subindustry, New Hope'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.


New Hope's Price-to-Tangible-Book Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, New Hope's Price-to-Tangible-Book distribution charts can be found below:

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



New Hope Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=3.00/1.911
=1.57

* 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.


New Hope Price-to-Tangible-Book Related Terms

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


New Hope (New Hope) Business Description

Traded in Other Exchanges
Address
175 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000
New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should produce around 13 million metric tons of equity salable thermal coal annually from fiscal 2027, up from around 8 million in fiscal 2023, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 15% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.

New Hope (New Hope) Headlines

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