GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NOA Lithium Brines Inc (OTCPK:NLIBF) » Definitions » PB Ratio

NLIBF (NOA Lithium Brines) PB Ratio : 3.54 (As of Apr. 04, 2025)


View and export this data going back to 2023. Start your Free Trial

What is NOA Lithium Brines 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 (2025-04-04), NOA Lithium Brines's share price is $0.23. NOA Lithium Brines's Book Value per Share for the quarter that ended in Sep. 2024 was $0.07. Hence, NOA Lithium Brines's PB Ratio of today is 3.54.

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

NLIBF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.2
Current: 4.2

During the past 4 years, NOA Lithium Brines's highest PB Ratio was 4.20. The lowest was 0.00. And the median was 0.00.

NLIBF's PB Ratio is ranked worse than
81.36% of 2291 companies
in the Metals & Mining industry
Industry Median: 1.42 vs NLIBF: 4.20

During the past 12 months, NOA Lithium Brines's average Book Value Per Share Growth Rate was -25.00% per year.

Back to Basics: PB Ratio


NOA Lithium Brines PB Ratio Historical Data

The historical data trend for NOA Lithium Brines'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.

NOA Lithium Brines PB Ratio Chart

NOA Lithium Brines Annual Data
Trend Dec19 Dec20 Dec21 Dec22
PB Ratio
- - - -

NOA Lithium Brines Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.96 4.31 3.00 2.29 1.54

Competitive Comparison of NOA Lithium Brines's PB Ratio

For the Other Industrial Metals & Mining subindustry, NOA Lithium Brines'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.


NOA Lithium Brines's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where NOA Lithium Brines's PB Ratio falls into.


;
;

NOA Lithium Brines 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.

NOA Lithium Brines's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=0.23/0.065
=3.54

* 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.


NOA Lithium Brines  (OTCPK:NLIBF) 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.


NOA Lithium Brines PB Ratio Related Terms

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


NOA Lithium Brines Business Description

Traded in Other Exchanges
Address
639 - 5th Avenue S.W, Suite 1250, Calgary, AB, CAN, T2P 0M9
NOA Lithium Brines Inc is a lithium exploration and development company formed to acquire assets with important resource potential. All NOA's projects are in the heart of the prolific Lithium Triangle, in the mining-friendly province of Salta, Argentina, near many projects and operations owned by some of the enormous players in the lithium industry. NOA has rapidly consolidated an extensive and impressive lithium brine claim portfolio, with key positions on three prospective salars (Rio Grande, Arizaro, Salinas Grandes) totaling over 120,000 hectares. The Company's recent Mineral Resource approximate for the Rio Grande Project totals 4.7 million tonnes of LCE (measured, indicated and inferred) with an average lithium concentration of 525 mg/l.