Pure Energy Minerals (TSXV:PE) Price-to-Tangible-Book : 0.33 (As of May. 07, 2024)

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What is Pure Energy Minerals Price-to-Tangible-Book?

As of today (2024-05-07), Pure Energy Minerals's share price is C$0.35. Pure Energy Minerals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$1.06. Hence, Pure Energy Minerals's Price to Tangible Book Ratio of today is 0.33.

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

TSXV:PE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.17 Med: 1.21 Max: 8.38
Current: 0.33

During the past 13 years, Pure Energy Minerals's highest Price to Tangible Book Ratio was 8.38. The lowest was 0.17. And the median was 1.21.

TSXV:PE's Price-to-Tangible-Book is ranked better than
92.83% of 2233 companies
in the Metals & Mining industry
Industry Median: 1.31 vs TSXV:PE: 0.33

A closely related ratio is called PB Ratio. As of today, Pure Energy Minerals's share price is C$0.35. Pure Energy Minerals's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$1.06. Hence, Pure Energy Minerals's P/B Ratio of today is 0.33.

Pure Energy Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Pure Energy Minerals'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.

Pure Energy Minerals Price-to-Tangible-Book Chart

Pure Energy Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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0.47

1.24

0.67

1.44

Pure Energy Minerals 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															0.34	0.53	1.44	0.87	0.43

Competitive Comparison of Pure Energy Minerals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Pure Energy Minerals'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.

Pure Energy Minerals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

Pure Energy Minerals Price-to-Tangible-Book Calculation

Pure Energy Minerals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.35	/	1.064
	=	0.33

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.

Pure Energy Minerals Price-to-Tangible-Book Related Terms

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

Pure Energy Minerals (TSXV:PE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pure Energy Minerals Ltd (TSXV:PE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

PEMIF:USA AHG:Germany

Address

1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E3V6

Website

https://www.pureenergyminerals.com

Pure Energy Minerals Ltd engages in the acquisition, exploration, and development of mineral properties. It is also involved in the exploration and development of mineral properties, with a focus on lithium brines and related processing of brines into lithium compounds. The company projects involve Clayton Valley.