Cosmo Metals (ASX:CMO) Price-to-Tangible-Book : 0.32 (As of May. 25, 2024)

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

As of today (2024-05-25), Cosmo Metals's share price is A$0.042. Cosmo Metals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.13. Hence, Cosmo Metals's Price to Tangible Book Ratio of today is 0.32.

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

ASX:CMO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29 Med: 0.64 Max: 0.89
Current: 0.32

During the past 1 years, Cosmo Metals's highest Price to Tangible Book Ratio was 0.89. The lowest was 0.29. And the median was 0.64.

ASX:CMO's Price-to-Tangible-Book is ranked better than
94.1% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:CMO: 0.32

A closely related ratio is called PB Ratio. As of today, Cosmo Metals's share price is A$0.042. Cosmo Metals's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.13. Hence, Cosmo Metals's P/B Ratio of today is 0.32.

Cosmo Metals Price-to-Tangible-Book Historical Data

The historical data trend for Cosmo 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.

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Cosmo Metals Price-to-Tangible-Book Chart

Cosmo Metals Annual Data

Trend

Jun23

Price-to-Tangible-Book

0.64

Cosmo Metals Semi-Annual Data
	Dec22	Jun23	Dec23
Price-to-Tangible-Book	0.89	0.64	0.45

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

For the Other Industrial Metals & Mining subindustry, Cosmo 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.

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

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

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

Cosmo Metals Price-to-Tangible-Book Calculation

Cosmo 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 )
	=	0.042	/	0.133
	=	0.32

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.

Cosmo Metals Price-to-Tangible-Book Related Terms

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