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QEM (ASX:QEM) PB Ratio : 6.70 (As of Mar. 03, 2025)


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What is QEM 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 (2025-03-03), QEM's share price is A$0.067. QEM's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.01. Hence, QEM's PB Ratio of today is 6.70.

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

ASX:QEM' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 33.5
Current: 6.7

During the past 6 years, QEM's highest PB Ratio was 33.50. The lowest was 0.00. And the median was 0.00.

ASX:QEM's PB Ratio is ranked worse than
93.04% of 962 companies
in the Oil & Gas industry
Industry Median: 1.17 vs ASX:QEM: 6.70

During the past 12 months, QEM's average Book Value Per Share Growth Rate was -76.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.10% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of QEM was -9.10% per year. The lowest was -25.60% per year. And the median was -17.35% per year.

Back to Basics: PB Ratio


QEM PB Ratio Historical Data

The historical data trend for QEM'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.

QEM PB Ratio Chart

QEM Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PB Ratio
Get a 7-Day Free Trial 3.96 12.53 12.22 9.77 12.83

QEM Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.22 8.15 9.77 34.22 12.83

Competitive Comparison of QEM's PB Ratio

For the Oil & Gas E&P subindustry, QEM'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.


QEM's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, QEM's PB Ratio distribution charts can be found below:

* The bar in red indicates where QEM's PB Ratio falls into.



QEM 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.

QEM's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.067/0.01
=6.70

* 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.


QEM  (ASX:QEM) 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.


QEM PB Ratio Related Terms

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


QEM Business Description

Traded in Other Exchanges
N/A
Address
50 Appel Street, Level 6, Surfers Paradise, Gold Coast, QLD, AUS, 4217
QEM Ltd is engaged in exploring and developing vanadium and oil shale project in the Julia Creek area of North-Western Queensland, Australia.

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