Lithium ION Energy (TSXV:ION) PB Ratio : 1.38 (As of Dec. 11, 2024)

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What is Lithium ION Energy 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 (2024-12-11), Lithium ION Energy's share price is C$0.04. Lithium ION Energy's Book Value per Share for the quarter that ended in Sep. 2024 was C$0.03. Hence, Lithium ION Energy's PB Ratio of today is 1.38.

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

TSXV:ION' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 23.14
Current: 1.38

During the past 5 years, Lithium ION Energy's highest PB Ratio was 23.14. The lowest was 0.00. And the median was 0.00.

TSXV:ION's PB Ratio is ranked worse than
50.52% of 2324 companies
in the Metals & Mining industry
Industry Median: 1.36 vs TSXV:ION: 1.38

During the past 12 months, Lithium ION Energy's average Book Value Per Share Growth Rate was -32.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.60% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Lithium ION Energy was 136.60% per year. The lowest was -12.60% per year. And the median was 62.00% per year.

Back to Basics: PB Ratio

Lithium ION Energy PB Ratio Historical Data

The historical data trend for Lithium ION Energy'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.

Lithium ION Energy PB Ratio Chart

Lithium ION Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

6.47

5.32

3.68

3.24

Lithium ION Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															3.37	3.24	2.58	1.77	2.07

Competitive Comparison of Lithium ION Energy's PB Ratio

For the Other Industrial Metals & Mining subindustry, Lithium ION Energy'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.

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

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

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

Lithium ION Energy 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	0.04	/	0.029
	=	1.38

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.

Lithium ION Energy (TSXV:ION) 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.

Lithium ION Energy PB Ratio Related Terms

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Lithium ION Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium ION Energy Ltd (TSXV:ION) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

IONGF:USA ZA4:Germany

Address

90 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5H 4A6

Website

https://www.ionenergy.ca

Lithium ION Energy Ltd is engaged in the business of the acquisition and exploration of mineral properties with a focus on operating projects containing lithium mineralization. The Company also has a focus on operating its mineral projects located in western Mongolia as well as mineral projects located in the Northwest Territories, Canada.