Coolabah Metals (ASX:CBH) Price-to-Tangible-Book : 1.13 (As of Jun. 24, 2024)

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What is Coolabah Metals Price-to-Tangible-Book?

As of today (2024-06-24), Coolabah Metals's share price is A$0.077. Coolabah Metals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.07. Hence, Coolabah Metals's Price to Tangible Book Ratio of today is 1.13.

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

ASX:CBH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.88 Med: 0.89 Max: 1.18
Current: 1.1

During the past 1 years, Coolabah Metals's highest Price to Tangible Book Ratio was 1.18. The lowest was 0.88. And the median was 0.89.

ASX:CBH's Price-to-Tangible-Book is ranked better than
54.51% of 2218 companies
in the Metals & Mining industry
Industry Median: 1.28 vs ASX:CBH: 1.10

A closely related ratio is called PB Ratio. As of today, Coolabah Metals's share price is A$0.077. Coolabah Metals's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.07. Hence, Coolabah Metals's P/B Ratio of today is 1.13.

Coolabah Metals Price-to-Tangible-Book Historical Data

The historical data trend for Coolabah Metals'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.

Coolabah Metals Price-to-Tangible-Book Chart

Coolabah Metals Annual Data

Trend

Jun22

Price-to-Tangible-Book

Coolabah Metals Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
Price-to-Tangible-Book	-	0.89	1.01	0.88

Competitive Comparison of Coolabah Metals's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, Coolabah Metals'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.

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

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

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

Coolabah Metals Price-to-Tangible-Book Calculation

Coolabah Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.077	/	0.068
	=	1.13

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Coolabah Metals Price-to-Tangible-Book Related Terms

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

Coolabah Metals (ASX:CBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Coolabah Metals Ltd (ASX:CBH) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 St Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000

Website

https://www.coolabahmetals.com.au

Coolabah Metals Ltd is a minerals exploration company formed for the purpose of identifying, acquiring, and developing prospective copper, gold, and base metal assets throughout Australia. The company's project includes the Gunpowder Creek Project (NSW) which comprises four granted exploration licenses, the Nymagee Project (NSW) which comprises three granted exploration licenses, the Coolabah Project (NSW) which comprises four granted exploration licenses, Cannington Project (QLD) is located 130km SSE of Cloncurry comprised of two exploration licenses.