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Caspin Resources (ASX:CPN) Price-to-Tangible-Book : 3.43 (As of May. 26, 2024)


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What is Caspin Resources Price-to-Tangible-Book?

As of today (2024-05-26), Caspin Resources's share price is A$0.079. Caspin Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.02. Hence, Caspin Resources's Price to Tangible Book Ratio of today is 3.43.

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

ASX:CPN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.2   Med: 5.43   Max: 13.7
Current: 3.95

During the past 3 years, Caspin Resources's highest Price to Tangible Book Ratio was 13.70. The lowest was 3.20. And the median was 5.43.

ASX:CPN's Price-to-Tangible-Book is ranked worse than
82.04% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:CPN: 3.95

A closely related ratio is called PB Ratio. As of today, Caspin Resources's share price is A$0.079. Caspin Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.02. Hence, Caspin Resources's P/B Ratio of today is 3.43.


Caspin Resources Price-to-Tangible-Book Historical Data

The historical data trend for Caspin Resources'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.

Caspin Resources Price-to-Tangible-Book Chart

Caspin Resources Annual Data
Trend Jun21 Jun22 Jun23
Price-to-Tangible-Book
11.22 3.22 5.97

Caspin Resources Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial 5.06 3.22 13.70 5.97 5.43

Competitive Comparison of Caspin Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Caspin Resources'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.


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

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

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



Caspin Resources Price-to-Tangible-Book Calculation

Caspin Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.079/0.023
=3.43

* 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.


Caspin Resources Price-to-Tangible-Book Related Terms

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


Caspin Resources (ASX:CPN) Business Description

Traded in Other Exchanges
N/A
Address
675 Murray Street, Ground Floor, West Perth, Perth, WA, AUS, 6005
Caspin Resources Ltd is a mining company engaged in mineral exploration and assessment of mineral projects. The company operates geographically in Australia. Its projects include Mount Squires Gold Project; and Yarawindah Brook Project which is focused on nickel, copper, cobalt, and gold mining.

Caspin Resources (ASX:CPN) Headlines

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