GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlas Lithium Corp (STU:C480) » Definitions » PB Ratio

Atlas Lithium (STU:C480) PB Ratio : 57.86 (As of Jun. 15, 2024)


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

What is Atlas Lithium 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 (2024-06-15), Atlas Lithium's share price is €9.20. Atlas Lithium's Book Value per Share for the quarter that ended in Mar. 2024 was €0.16. Hence, Atlas Lithium's PB Ratio of today is 57.86.

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

STU:C480' s PB Ratio Range Over the Past 10 Years
Min: 2.68   Med: 34.79   Max: 100.87
Current: 58.09

During the past 12 years, Atlas Lithium's highest PB Ratio was 100.87. The lowest was 2.68. And the median was 34.79.

STU:C480's PB Ratio is ranked worse than
99.2% of 2375 companies
in the Metals & Mining industry
Industry Median: 1.36 vs STU:C480: 58.09

During the past 12 months, Atlas Lithium's average Book Value Per Share Growth Rate was -87.40% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Atlas Lithium was 87.60% per year. The lowest was 50.90% per year. And the median was 64.60% per year.

Back to Basics: PB Ratio


Atlas Lithium PB Ratio Historical Data

The historical data trend for Atlas Lithium'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.

Atlas Lithium PB Ratio Chart

Atlas Lithium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 46.64

Atlas Lithium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.20 52.77 48.43 46.64 85.53

Competitive Comparison of Atlas Lithium's PB Ratio

For the Other Precious Metals & Mining subindustry, Atlas Lithium'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.


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

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

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



Atlas Lithium 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=9.20/0.159
=57.86

* 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.


Atlas Lithium  (STU:C480) 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.


Atlas Lithium PB Ratio Related Terms

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


Atlas Lithium (STU:C480) Business Description

Traded in Other Exchanges
Address
Rua Bahia 2463, Suite 205, Belo Horizonte, MG, BRA, 30.160-012
Atlas Lithium Corp is a mineral exploration and development company with lithium projects and exploration properties in other critical and battery minerals, including nickel, rare earth, graphite, and titanium, to power the increased demand for electrification. Its current focus is on developing its hard-rock lithium project Minas Gerais Lithium Project located in Minas Gerais State in Brazil. The company intends to produce and sell lithium concentrate, a key ingredient for the battery supply chain.

Atlas Lithium (STU:C480) Headlines

No Headlines