Core Lithium (ASX:CXO) PB Ratio : 1.05 (As of Apr. 26, 2024)

View and export this data going back to 2011. Start your Free Trial

What is Core 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 (2024-04-26), Core Lithium's share price is A$0.145. Core Lithium's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.14. Hence, Core Lithium's PB Ratio of today is 1.05.

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

ASX:CXO' s PB Ratio Range Over the Past 10 Years
Min: 0.76 Med: 1.81 Max: 5.16
Current: 1.05

During the past 13 years, Core Lithium's highest PB Ratio was 5.16. The lowest was 0.76. And the median was 1.81.

ASX:CXO's PB Ratio is ranked better than
61.85% of 2396 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:CXO: 1.05

During the past 12 months, Core Lithium's average Book Value Per Share Growth Rate was -22.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 76.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 41.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Core Lithium was 76.10% per year. The lowest was -28.70% per year. And the median was 1.90% per year.

Back to Basics: PB Ratio

Core Lithium PB Ratio Historical Data

The historical data trend for Core 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.

Core Lithium PB Ratio Chart

Core Lithium Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

Get a 7-Day Free Trial

1.05

1.43

3.93

6.92

4.71

Core Lithium 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															4.47	6.92	5.76	4.71	1.81

Competitive Comparison of Core Lithium's PB Ratio

For the Other Industrial Metals & Mining subindustry, Core 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.

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

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

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

Core 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.145	/	0.138
	=	1.05

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.

Core Lithium (ASX:CXO) 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.

Core Lithium PB Ratio Related Terms

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

Core Lithium (ASX:CXO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Core Lithium Ltd (ASX:CXO) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CXOXF:USA 7CX:Germany

Address

2 Mill Street, Level 9, Perth, WA, AUS, 6000

Website

https://www.corelithium.com.au

Core Lithium Ltd is a lithium exploration company. The company is engaged in the exploration of lithium, and copper deposits in the Northern Territory and South Australia. Its projects include Finniss Lithium Project, and copper, zinc, and lead projects. Its segment includes Finniss Lithium Project mining, crushing and processing operations and Exploration: exploration and evaluation of primarily Lithium mineralisation. It generates majority of its revenue from Finniss Lithium Project operations segment.