Archer Materials (ASX:AXE) PB Ratio : 4.64 (As of Apr. 26, 2024)

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What is Archer Materials 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 (2024-04-26), Archer Materials's share price is A$0.445. Archer Materials's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.10. Hence, Archer Materials's PB Ratio of today is 4.64.

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

ASX:AXE' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 32.16
Current: 4.64

During the past 13 years, Archer Materials's highest PB Ratio was 32.16. The lowest was 0.00. And the median was 0.00.

ASX:AXE's PB Ratio is ranked worse than
79.01% of 972 companies
in the Semiconductors industry
Industry Median: 2.36 vs ASX:AXE: 4.64

During the past 12 months, Archer Materials's average Book Value Per Share Growth Rate was -16.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Archer Materials was 14.90% per year. The lowest was -16.60% per year. And the median was -3.70% per year.

Back to Basics: PB Ratio

Archer Materials PB Ratio Historical Data

The historical data trend for Archer Materials'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.

Archer Materials PB Ratio Chart

Archer Materials Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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1.18

5.33

11.08

4.66

5.83

Archer Materials Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															8.65	4.66	5.35	5.83	3.96

Competitive Comparison of Archer Materials's PB Ratio

For the Semiconductors subindustry, Archer Materials'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.

Archer Materials's PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Archer Materials's PB Ratio distribution charts can be found below:

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

Archer Materials 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.

Archer Materials's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.445	/	0.096
	=	4.64

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.

Archer Materials (ASX:AXE) 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.

Archer Materials PB Ratio Related Terms

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Archer Materials (ASX:AXE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Archer Materials Ltd (ASX:AXE) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ARRXF:USA 38A:Germany

Address

Frome Road, Lot Fourteen, Adelaide, SA, AUS, 5000

Website

https://www.archerx.com.au

Archer Materials Ltd is a technology company that operates within the semiconductor industry. It is developing and commercializing semiconductor devices, including chips relevant to quantum computing and medical diagnostics.