Global Lithium Resources (ASX:GL1) PB Ratio : 0.31 (As of Dec. 12, 2024)

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What is Global Lithium Resources 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 (2024-12-12), Global Lithium Resources's share price is A$0.195. Global Lithium Resources's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.64. Hence, Global Lithium Resources's PB Ratio of today is 0.31.

The historical rank and industry rank for Global Lithium Resources's PB Ratio or its related term are showing as below:

ASX:GL1' s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.75 Max: 2.85
Current: 0.31

During the past 4 years, Global Lithium Resources's highest PB Ratio was 2.85. The lowest was 0.27. And the median was 0.75.

ASX:GL1's PB Ratio is ranked better than
92.59% of 2322 companies
in the Metals & Mining industry
Industry Median: 1.365 vs ASX:GL1: 0.31

During the past 12 months, Global Lithium Resources's average Book Value Per Share Growth Rate was -3.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 88.10% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Global Lithium Resources was 88.10% per year. The lowest was 88.10% per year. And the median was 88.10% per year.

Back to Basics: PB Ratio

Global Lithium Resources PB Ratio Historical Data

The historical data trend for Global Lithium Resources'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.

Global Lithium Resources PB Ratio Chart

Global Lithium Resources Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

PB Ratio

2.55

4.00

2.36

0.42

Global Lithium Resources Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
PB Ratio	Get a 7-Day Free Trial			4.00	2.27	2.36	1.86	0.42

Competitive Comparison of Global Lithium Resources's PB Ratio

For the Other Industrial Metals & Mining subindustry, Global Lithium Resources'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.

Global Lithium Resources's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Global Lithium Resources's PB Ratio distribution charts can be found below:

* The bar in red indicates where Global Lithium Resources's PB Ratio falls into.

Global Lithium Resources 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.

Global Lithium Resources's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.195	/	0.639
	=	0.31

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Global Lithium Resources (ASX:GL1) 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.

Global Lithium Resources PB Ratio Related Terms

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Global Lithium Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Lithium Resources Ltd (ASX:GL1) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Ventnor Avenue, Level 1, Perth, WA, AUS, 6005

Website

https://www.globallithium.com.au

Global Lithium Resources Ltd is an emerging lithium exploration company with a focus on the Marble Bar Lithium Project in the Pilbara region of Western Australia and an interest in the exploration rights and future mining rights to lithium and lithium associated comineral rights in the Manna Lithium Project.

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