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Argosy Minerals (Argosy Minerals) Price-to-Tangible-Book : 1.83 (As of Apr. 30, 2024)


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What is Argosy Minerals Price-to-Tangible-Book?

As of today (2024-04-30), Argosy Minerals's share price is $0.0862. Argosy Minerals's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $0.05. Hence, Argosy Minerals's Price to Tangible Book Ratio of today is 1.83.

The historical rank and industry rank for Argosy Minerals's Price-to-Tangible-Book or its related term are showing as below:

ARYMF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.77   Med: 6.56   Max: 11.3
Current: 2.87

During the past 13 years, Argosy Minerals's highest Price to Tangible Book Ratio was 11.30. The lowest was 2.77. And the median was 6.56.

ARYMF's Price-to-Tangible-Book is ranked worse than
73.1% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.325 vs ARYMF: 2.87

A closely related ratio is called PB Ratio. As of today, Argosy Minerals's share price is $0.0862. Argosy Minerals's Book Value per Sharefor the quarter that ended in Jun. 2023 was $0.05. Hence, Argosy Minerals's P/B Ratio of today is 1.83.


Argosy Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Argosy Minerals's Price-to-Tangible-Book 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.

Argosy Minerals Price-to-Tangible-Book Chart

Argosy Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.53 2.00 8.44 7.18 2.94

Argosy Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 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 8.44 6.05 7.18 5.44 2.94

Competitive Comparison of Argosy Minerals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Argosy Minerals's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Argosy Minerals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Argosy Minerals's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Argosy Minerals's Price-to-Tangible-Book falls into.



Argosy Minerals Price-to-Tangible-Book Calculation

Argosy Minerals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=0.0862/0.047
=1.83

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Argosy Minerals Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Argosy Minerals's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Argosy Minerals (Argosy Minerals) Business Description

Traded in Other Exchanges
Address
22 Mount Street, Level 2, Perth, WA, AUS, 6000
Argosy Minerals Ltd is an Australian mineral exploration company. It is principally involved in the development of exploration projects for lithium. The projects of the company include the Rincon Lithium Project in Argentina and the exploration of the Tonopah Lithium Project in the USA.

Argosy Minerals (Argosy Minerals) Headlines