Patagonia Lithium (ASX:PL3) Price-to-Tangible-Book : 0.76 (As of Jun. 19, 2024)

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What is Patagonia Lithium Price-to-Tangible-Book?

As of today (2024-06-19), Patagonia Lithium's share price is A$0.096. Patagonia Lithium's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was A$0.13. Hence, Patagonia Lithium's Price to Tangible Book Ratio of today is 0.76.

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

ASX:PL3's Price-to-Tangible-Book is not ranked ^*
in the Metals & Mining industry.
Industry Median: 1.28
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Patagonia Lithium's share price is A$0.096. Patagonia Lithium's Book Value per Sharefor the quarter that ended in Jun. 2023 was A$0.13. Hence, Patagonia Lithium's P/B Ratio of today is 0.76.

Patagonia Lithium Price-to-Tangible-Book Historical Data

The historical data trend for Patagonia Lithium'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.

Patagonia Lithium Price-to-Tangible-Book Chart

Patagonia Lithium Annual Data

Trend

Dec23

Price-to-Tangible-Book

1.07

Patagonia Lithium Semi-Annual Data
	Jun23	Dec23
Price-to-Tangible-Book	1.42	1.07

Competitive Comparison of Patagonia Lithium's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Patagonia Lithium'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.

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

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

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

Patagonia Lithium Price-to-Tangible-Book Calculation

Patagonia Lithium's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.096	/	0.127
	=	0.76

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.

Patagonia Lithium Price-to-Tangible-Book Related Terms

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

Patagonia Lithium (ASX:PL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Patagonia Lithium Ltd (ASX:PL3) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Little Collins Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.patagonialithium.com.au

Patagonia Lithium Ltd engages in mining and exploration activities. The company is pursuing lithium exploration projects in Argentina. It holds interest in Formentera Project; Cilon Project; and Tomas III Project. The Formentera Project and the Cilon Project are situated in the Province of Jujuy, Argentina. The Tomas III Project is situated in the Province of Salta, Argentina.

Patagonia Lithium (ASX:PL3) Headlines

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