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Argent Minerals (ASX:ARD) Price-to-Tangible-Book : 10.50 (As of Dec. 12, 2024)


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

As of today (2024-12-12), Argent Minerals's share price is A$0.021. Argent Minerals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.00. Hence, Argent Minerals's Price to Tangible Book Ratio of today is 10.50.

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

During the past 13 years, Argent Minerals's highest Price to Tangible Book Ratio was 30.00. The lowest was 3.50. And the median was 5.00.

ASX:ARD's Price-to-Tangible-Book is not ranked *
in the Metals & Mining industry.
Industry Median: 1.32
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Argent Minerals's share price is A$0.021. Argent Minerals's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.00. Hence, Argent Minerals's P/B Ratio of today is 10.50.


Argent Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Argent 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.

Argent Minerals Price-to-Tangible-Book Chart

Argent Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.00 10.00 4.33 5.00 4.67

Argent Minerals Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 4.33 3.50 5.00 4.50 4.67

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

For the Other Industrial Metals & Mining subindustry, Argent 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.


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

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

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



Argent Minerals Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.021/0.002
=10.50

* 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.


Argent Minerals Price-to-Tangible-Book Related Terms

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


Argent Minerals Business Description

Traded in Other Exchanges
Address
7 Havelock Street, Level 2, West Perth, Perth, WA, AUS, 6005
Argent Minerals Ltd is a mineral exploration company. It is engaged in the exploration of silver, lead, copper, zinc, and gold deposits in Australia. The company's project consists of Kempfield Polymetallic Project, West Wyalong, Pine Ridge Gold Mine, and Trunkey Creek Project.