Premier1 Lithium (ASX:PLC) Price-to-Tangible-Book : 0.19 (As of Jun. 24, 2024)

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What is Premier1 Lithium Price-to-Tangible-Book?

As of today (2024-06-24), Premier1 Lithium's share price is A$0.018. Premier1 Lithium's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.09. Hence, Premier1 Lithium's Price to Tangible Book Ratio of today is 0.19.

The historical rank and industry rank for Premier1 Lithium's Price-to-Tangible-Book or its related term are showing as below:

ASX:PLC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.19 Med: 2.58 Max: 5.07
Current: 0.2

During the past 3 years, Premier1 Lithium's highest Price to Tangible Book Ratio was 5.07. The lowest was 0.19. And the median was 2.58.

ASX:PLC's Price-to-Tangible-Book is ranked better than
97.07% of 2218 companies
in the Metals & Mining industry
Industry Median: 1.28 vs ASX:PLC: 0.20

A closely related ratio is called PB Ratio. As of today, Premier1 Lithium's share price is A$0.018. Premier1 Lithium's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.09. Hence, Premier1 Lithium's P/B Ratio of today is 0.19.

Premier1 Lithium Price-to-Tangible-Book Historical Data

The historical data trend for Premier1 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.

Premier1 Lithium Price-to-Tangible-Book Chart

Premier1 Lithium Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

2.50

2.65

Premier1 Lithium Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	2.50	5.07	2.65	0.97

Competitive Comparison of Premier1 Lithium's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Premier1 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.

Premier1 Lithium's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Premier1 Lithium's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Premier1 Lithium's Price-to-Tangible-Book falls into.

Premier1 Lithium Price-to-Tangible-Book Calculation

Premier1 Lithium's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.018	/	0.093
	=	0.19

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.

Premier1 Lithium Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Premier1 Lithium's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Premier1 Lithium (ASX:PLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Premier1 Lithium Ltd (ASX:PLC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Queen Street, Level 3, Melbourne, VIC, AUS, 3000

Website

https://www.sensore.com

SensOre Ltd is focused on fast-tracking the mines of tomorrow. The company operates in three business divisions namely Exploration Services, Exploration, and Technology. Its AI-enhanced exploration approach has a number of potential benefits for the mining industry.