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Enova Mining (ASX:ENV) Price-to-Tangible-Book : 1.67 (As of May. 26, 2024)


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What is Enova Mining Price-to-Tangible-Book?

As of today (2024-05-26), Enova Mining's share price is A$0.02. Enova Mining's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was A$0.01. Hence, Enova Mining's Price to Tangible Book Ratio of today is 1.67.

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

ASX:ENV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.56   Med: 1.61   Max: 5
Current: 2

During the past 13 years, Enova Mining's highest Price to Tangible Book Ratio was 5.00. The lowest was 0.56. And the median was 1.61.

ASX:ENV's Price-to-Tangible-Book is ranked worse than
62.99% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:ENV: 2.00

A closely related ratio is called PB Ratio. As of today, Enova Mining's share price is A$0.02. Enova Mining's Book Value per Sharefor the quarter that ended in Jun. 2023 was A$0.01. Hence, Enova Mining's P/B Ratio of today is 1.67.


Enova Mining Price-to-Tangible-Book Historical Data

The historical data trend for Enova Mining'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.

Enova Mining Price-to-Tangible-Book Chart

Enova Mining 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 5.00 1.54 2.00 1.25 1.67

Enova Mining 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 2.00 1.33 1.25 0.42 1.67

Competitive Comparison of Enova Mining's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Enova Mining'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.


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

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

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



Enova Mining Price-to-Tangible-Book Calculation

Enova Mining's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=0.02/0.012
=1.67

* 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.


Enova Mining Price-to-Tangible-Book Related Terms

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


Enova Mining (ASX:ENV) Business Description

Traded in Other Exchanges
N/A
Address
Level 26, 360 Collins Street, Melbourne, VIC, AUS, 3000
Enova Mining Ltd is an Australian company engaged in the exploration for rare earth elements (REE) in the Northern Territory. The company is focused on the Charley Creek project which is located in the Northern Territory, around 110 km north-west of Alice Springs, off the Tanami road. The company is organized into one operating segment, being mining and exploration operations.