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Battery Age Minerals (ASX:BM8) PB Ratio : 1.02 (As of May. 25, 2024)


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What is Battery Age Minerals PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-25), Battery Age Minerals's share price is A$0.17. Battery Age Minerals's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.17. Hence, Battery Age Minerals's PB Ratio of today is 1.02.

The historical rank and industry rank for Battery Age Minerals's PB Ratio or its related term are showing as below:

ASX:BM8' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 121.66
Current: 0.95

During the past 13 years, Battery Age Minerals's highest PB Ratio was 121.66. The lowest was 0.00. And the median was 0.00.

ASX:BM8's PB Ratio is ranked better than
65.87% of 2376 companies
in the Metals & Mining industry
Industry Median: 1.42 vs ASX:BM8: 0.95

During the past 12 months, Battery Age Minerals's average Book Value Per Share Growth Rate was 24.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Battery Age Minerals was 273.30% per year. The lowest was -57.50% per year. And the median was -18.00% per year.

Back to Basics: PB Ratio


Battery Age Minerals PB Ratio Historical Data

The historical data trend for Battery Age Minerals's PB Ratio 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.

Battery Age Minerals PB Ratio Chart

Battery Age Minerals Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.71 3.21 3.51

Battery Age Minerals Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio 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 1.71 3.21 3.73 3.51 1.14

Competitive Comparison of Battery Age Minerals's PB Ratio

For the Other Industrial Metals & Mining subindustry, Battery Age Minerals's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Battery Age Minerals's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Battery Age Minerals's PB Ratio distribution charts can be found below:

* The bar in red indicates where Battery Age Minerals's PB Ratio falls into.



Battery Age Minerals PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Battery Age Minerals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.17/0.167
=1.02

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Battery Age Minerals  (ASX:BM8) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Battery Age Minerals PB Ratio Related Terms

Thank you for viewing the detailed overview of Battery Age Minerals's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Battery Age Minerals (ASX:BM8) Business Description

Traded in Other Exchanges
N/A
Address
Level 50, 108 St Georges Terrace, Perth, WA, AUS, 6000
Battery Age Minerals Ltd is a battery mineral-focused company. The company projects include Falcon Lake Lithium; Tidili and Bleiberg Project. The company is presently focused on the exploration of battery minerals such as lithium, copper, germanium, and zinc in Canada, Morocco, and Austria. The company has five geographical segments, Australia (Equinox Investment), Canada, Argentina (King Tut Project), Austria and Morocco.

Battery Age Minerals (ASX:BM8) Headlines

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