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Neometals (Neometals) Price-to-Tangible-Book : 0.83 (As of Apr. 26, 2024)


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What is Neometals Price-to-Tangible-Book?

As of today (2024-04-26), Neometals's share price is $0.75. Neometals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.90. Hence, Neometals's Price to Tangible Book Ratio of today is 0.83.

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

RDRUY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.37   Med: 1.68   Max: 6
Current: 0.75

During the past 13 years, Neometals's highest Price to Tangible Book Ratio was 6.00. The lowest was 0.37. And the median was 1.68.

RDRUY's Price-to-Tangible-Book is ranked better than
83.85% of 192 companies
in the Waste Management industry
Industry Median: 2.045 vs RDRUY: 0.75

A closely related ratio is called PB Ratio. As of today, Neometals's share price is $0.75. Neometals's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.90. Hence, Neometals's P/B Ratio of today is 0.83.


Neometals Price-to-Tangible-Book Historical Data

The historical data trend for Neometals'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.

Neometals Price-to-Tangible-Book Chart

Neometals 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 0.77 0.72 1.88 4.21 3.19

Neometals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 6.19 4.21 3.92 3.19 1.50

Competitive Comparison of Neometals's Price-to-Tangible-Book

For the Waste Management subindustry, Neometals'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.


Neometals's Price-to-Tangible-Book Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Neometals's Price-to-Tangible-Book distribution charts can be found below:

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



Neometals Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.75/0.902
=0.83

* 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.


Neometals Price-to-Tangible-Book Related Terms

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


Neometals (Neometals) Business Description

Traded in Other Exchanges
Address
1292 Hay Street, Level 1, Perth, WA, AUS, 6005
Neometals Ltd has developed and is commercialising three environmentally-friendly processing technologies that produce critical and strategic battery materials. Across three business units, above-ground feedstocks are targeted for lithium-ion battery recycling, vanadium recovery and downstream lithium processing opportunities that support the energy transition. The technologies are being exploited as principal, in joint venture and licensed for royalties.

Neometals (Neometals) Headlines

From GuruFocus

Neometals Ltd Investor Presentation Transcript

By GuruFocus Research 02-14-2024