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Kingston Resources (ASX:KSN) Price-to-Tangible-Book : 0.50 (As of May. 27, 2024)


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

As of today (2024-05-27), Kingston Resources's share price is A$0.079. Kingston Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.16. Hence, Kingston Resources's Price to Tangible Book Ratio of today is 0.50.

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

ASX:KSN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.22   Med: 1.14   Max: 5.55
Current: 0.49

During the past 13 years, Kingston Resources's highest Price to Tangible Book Ratio was 5.55. The lowest was 0.22. And the median was 1.14.

ASX:KSN'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:KSN: 0.49

A closely related ratio is called PB Ratio. As of today, Kingston Resources's share price is A$0.079. Kingston Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.16. Hence, Kingston Resources's P/B Ratio of today is 0.50.


Kingston Resources Price-to-Tangible-Book Historical Data

The historical data trend for Kingston 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.

Kingston Resources Price-to-Tangible-Book Chart

Kingston Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 1.35 1.50 0.55 0.42

Kingston Resources 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 1.18 0.55 0.53 0.42 0.49

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

For the Gold subindustry, Kingston 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.


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

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

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



Kingston Resources Price-to-Tangible-Book Calculation

Kingston 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 )
=0.079/0.157
=0.50

* 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.


Kingston Resources Price-to-Tangible-Book Related Terms

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


Kingston Resources (ASX:KSN) Business Description

Traded in Other Exchanges
Address
201 Miller Street, Suite 202, North Sydney, NSW, AUS, 2060
Kingston Resources Ltd is an Australian-based mineral exploration company that engages in acquiring and exploring gold projects. It operates in two business segment which is the Exploration and Evaluation of Minerals in Australia and mining. Its projects are Misima Gold Project, Mineral Hill Mine and Livingstone Gold Project. Geographically it derives the majority of its revenue from Australia.

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