Rock Tech Lithium (Rock Tech Lithium) Price-to-Tangible-Book

: 2.63 (As of Today)

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

As of today (2024-04-19), Rock Tech Lithium's share price is $0.7966. Rock Tech Lithium's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $0.30. Hence, Rock Tech Lithium's Price to Tangible Book Ratio of today is 2.63.

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

RCKTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.37 Med: 4.75 Max: 20.29
Current: 2.66

During the past 13 years, Rock Tech Lithium's highest Price to Tangible Book Ratio was 20.29. The lowest was 0.37. And the median was 4.75.

RCKTF's Price-to-Tangible-Book is ranked worse than
76.2% of 2235 companies
in the Metals & Mining industry
Industry Median: 1.33 vs RCKTF: 2.66

A closely related ratio is called PB Ratio. As of today, Rock Tech Lithium's share price is $0.7966. Rock Tech Lithium's Book Value per Sharefor the quarter that ended in Sep. 2023 was $0.30. Hence, Rock Tech Lithium's P/B Ratio of today is 2.63.

Rock Tech Lithium Price-to-Tangible-Book Historical Data

The historical data trend for Rock Tech Lithium'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.

Rock Tech Lithium Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

7.24

3.22

6.45

8.90

3.51

Rock Tech Lithium Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book																3.58	3.51	5.21	4.45	3.56

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Rock Tech Lithium'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.

Rock Tech Lithium Price-to-Tangible-Book Distribution

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

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

Rock Tech Lithium Price-to-Tangible-Book Calculation

Rock Tech Lithium's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.7966	/	0.303
	=	2.63

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.

Rock Tech Lithium Price-to-Tangible-Book Related Terms

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

Rock Tech Lithium (Rock Tech Lithium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rock Tech Lithium Inc (OTCPK:RCKTF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

RJIB:Germany RCK:Canada

Address

777 Hornby Street, Suite 600, Vancouver, BC, CAN, V6Z 1S4

Website

https://www.rocktechlithium.com

Rock Tech Lithium Inc is a Canada-based mineral exploration company. It focuses on acquiring and exploring properties in the field of lithium and other selected battery metals. The company holds a 100% interest in the Georgia Lake lithium project in the Thunder Bay Mining District of Ontario. The company operates in two geographical segments namely; Canada and Germany.