Mineral Commodities (ASX:MRC) Price-to-Tangible-Book : 0.40 (As of May. 27, 2024)

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What is Mineral Commodities Price-to-Tangible-Book?

As of today (2024-05-27), Mineral Commodities's share price is A$0.026. Mineral Commodities's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.07. Hence, Mineral Commodities's Price to Tangible Book Ratio of today is 0.40.

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

ASX:MRC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33 Med: 1.15 Max: 2.09
Current: 0.37

During the past 13 years, Mineral Commodities's highest Price to Tangible Book Ratio was 2.09. The lowest was 0.33. And the median was 1.15.

ASX:MRC's Price-to-Tangible-Book is ranked better than
93.84% of 2223 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:MRC: 0.37

A closely related ratio is called PB Ratio. As of today, Mineral Commodities's share price is A$0.026. Mineral Commodities's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.07. Hence, Mineral Commodities's P/B Ratio of today is 0.40.

Mineral Commodities Price-to-Tangible-Book Historical Data

The historical data trend for Mineral Commodities'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.

Mineral Commodities Price-to-Tangible-Book Chart

Mineral Commodities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.74

2.09

0.69

0.54

0.49

Mineral Commodities 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															0.69	0.56	0.54	0.49	0.49

Competitive Comparison of Mineral Commodities's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Mineral Commodities'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.

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

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

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

Mineral Commodities Price-to-Tangible-Book Calculation

Mineral Commodities's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.026	/	0.065
	=	0.40

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.

Mineral Commodities Price-to-Tangible-Book Related Terms

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

Mineral Commodities (ASX:MRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mineral Commodities Ltd (ASX:MRC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

58M:Germany

Address

Unit 2, 59 Belmont Avenue, Belmont, WA, AUS, 6104

Website

https://www.mineralcommodities.com

Mineral Commodities Ltd is a mineral exploration and development company. It has mineral sands projects in South Africa. It is also engaged in exploration activities in Iran, and Australia. The company has five reportable segments: Mineral sands mining and production (Tormin Mineral Sands project) - South Africa; 2. Mineral sands exploration (Xolobeni Mineral Sands project) - South Africa; 3. Graphite mining and production (Skaland) - Norway; 4. Exploration activities - Australia; and 5. Corporate (management and administration of the Company's projects) - Australia, South Africa, and Norway.