Heavy Minerals (ASX:HVY) Price-to-Tangible-Book : 0.93 (As of Jun. 22, 2024)

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What is Heavy Minerals Price-to-Tangible-Book?

As of today (2024-06-22), Heavy Minerals's share price is A$0.054. Heavy Minerals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.06. Hence, Heavy Minerals's Price to Tangible Book Ratio of today is 0.93.

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

ASX:HVY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.85 Med: 1.72 Max: 2.08
Current: 0.9

During the past 2 years, Heavy Minerals's highest Price to Tangible Book Ratio was 2.08. The lowest was 0.85. And the median was 1.72.

ASX:HVY's Price-to-Tangible-Book is ranked better than
63% of 2219 companies
in the Metals & Mining industry
Industry Median: 1.29 vs ASX:HVY: 0.90

A closely related ratio is called PB Ratio. As of today, Heavy Minerals's share price is A$0.054. Heavy Minerals's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.06. Hence, Heavy Minerals's P/B Ratio of today is 0.93.

Heavy Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Heavy Minerals'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.

Heavy Minerals Price-to-Tangible-Book Chart

Heavy Minerals Annual Data

Trend

Jun22

Jun23

Price-to-Tangible-Book

1.67

1.54

Heavy Minerals Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			1.81	1.67	2.08	1.54	1.72

Competitive Comparison of Heavy Minerals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Heavy Minerals'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.

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

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

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

Heavy Minerals Price-to-Tangible-Book Calculation

Heavy Minerals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.054	/	0.058
	=	0.93

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.

Heavy Minerals Price-to-Tangible-Book Related Terms

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

Heavy Minerals (ASX:HVY) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

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

Website

https://www.heavyminerals.com

Heavy Minerals Ltd is a mineral exploration and development company. It holds the right to acquire the Port Gregory Tenements, comprising five granted exploration licenses; and has applied for a mining concession at the Inhambane Project, comprising one mining concession license application. The firm operates in one business segment being the exploration for minerals with entities based in three geographic segments, being Australia, Mauritius and Mozambique.

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