Jindalee Lithium (ASX:JLL) PB Ratio : 1.85 (As of Apr. 25, 2024)

View and export this data going back to 2002. Start your Free Trial

What is Jindalee 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 (2024-04-25), Jindalee Lithium's share price is A$0.61. Jindalee Lithium's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.33. Hence, Jindalee Lithium's PB Ratio of today is 1.85.

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

ASX:JLL' s PB Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.59 Max: 11.21
Current: 1.85

During the past 13 years, Jindalee Lithium's highest PB Ratio was 11.21. The lowest was 0.35. And the median was 0.59.

ASX:JLL's PB Ratio is ranked worse than
62.77% of 2396 companies
in the Metals & Mining industry
Industry Median: 1.37 vs ASX:JLL: 1.85

During the past 12 months, Jindalee Lithium's average Book Value Per Share Growth Rate was 5.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 31.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jindalee Lithium was 36.20% per year. The lowest was -18.20% per year. And the median was -0.60% per year.

Back to Basics: PB Ratio

Jindalee Lithium PB Ratio Historical Data

The historical data trend for Jindalee 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.

Jindalee Lithium PB Ratio Chart

Jindalee Lithium Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

Get a 7-Day Free Trial

3.10

2.28

7.58

9.40

5.61

Jindalee 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															6.32	9.40	6.04	5.61	3.16

Competitive Comparison of Jindalee Lithium's PB Ratio

For the Other Industrial Metals & Mining subindustry, Jindalee 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.

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

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

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

Jindalee 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.61	/	0.329
	=	1.85

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.

Jindalee Lithium (ASX:JLL) 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.

Jindalee Lithium PB Ratio Related Terms

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

Jindalee Lithium (ASX:JLL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

JNDAF:USA

Address

9 Havelock Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.jindaleelithium.com

Jindalee Lithium Ltd is engaged in the exploration and development of Lithium properties in Australia. It holds interests in various tenements located in Tasmania and Western Australia, including gold, diamonds, nickel, iron ore, copper, magnesite, uranium, and other base metals, as well as rare earth minerals. The project holdings of the company include U.S. Lithium, McDermitt Lithium Project which is the largest lithium deposit contained by lithium in the United States, and The Clayton North project.