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Hamelin Gold (ASX:HMG) Price-to-Tangible-Book : 0.56 (As of May. 27, 2024)


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What is Hamelin Gold Price-to-Tangible-Book?

As of today (2024-05-27), Hamelin Gold's share price is A$0.085. Hamelin Gold's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.15. Hence, Hamelin Gold's Price to Tangible Book Ratio of today is 0.56.

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

ASX:HMG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.49   Med: 0.6   Max: 0.8
Current: 0.57

During the past 3 years, Hamelin Gold's highest Price to Tangible Book Ratio was 0.80. The lowest was 0.49. And the median was 0.60.

ASX:HMG's Price-to-Tangible-Book is ranked better than
85.25% of 2223 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:HMG: 0.57

A closely related ratio is called PB Ratio. As of today, Hamelin Gold's share price is A$0.085. Hamelin Gold's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.15. Hence, Hamelin Gold's P/B Ratio of today is 0.56.

Hamelin Gold Price-to-Tangible-Book Historical Data

The historical data trend for Hamelin Gold'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.

Hamelin Gold Price-to-Tangible-Book Chart

Hamelin Gold Annual Data
Trend Jun21 Jun22 Jun23
Price-to-Tangible-Book
- 0.56 0.60

Hamelin Gold Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 0.73 0.56 0.80 0.60 0.52

Competitive Comparison of Hamelin Gold's Price-to-Tangible-Book

For the Gold subindustry, Hamelin Gold'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.

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

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

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


Hamelin Gold Price-to-Tangible-Book Calculation

Hamelin Gold's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.085/0.152
=0.56

* 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:

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.

Hamelin Gold Price-to-Tangible-Book Related Terms

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

Hamelin Gold (ASX:HMG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hamelin Gold Ltd (ASX:HMG) » Definitions » Price-to-Tangible-Book
Comparable Companies
ASX:OZM ASX:GMN ASX:GMR ASX:GPR ASX:CTO ASX:ICL ASX:MZZ ASX:MRZ ASX:WCN ASX:TMB SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL ASX:NCM SHSE:600547 JSE:GFI
Traded in Other Exchanges
N/A
Address
1 Alvan Street, Suite 2, Subiaco, WA, AUS, 6008
Website
https://www.hamelingold.com.au
Hamelin Gold Ltd is a mineral resources exploration company to execute an exploration program at the West Tanami Gold Project in Western Australia. The company operates in one segment which is a mineral exploration and resource development in Australia.