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Piedmont Lithium (ASX:PLL) Price-to-Tangible-Book : 0.94 (As of May. 24, 2024)


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

As of today (2024-05-24), Piedmont Lithium's share price is A$0.23. Piedmont Lithium's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was A$0.25. Hence, Piedmont Lithium's Price to Tangible Book Ratio of today is 0.94.

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

ASX:PLL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83   Med: 3.47   Max: 16.97
Current: 0.96

During the past 13 years, Piedmont Lithium's highest Price to Tangible Book Ratio was 16.97. The lowest was 0.83. And the median was 3.47.

ASX:PLL's Price-to-Tangible-Book is ranked better than
61.05% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.4 vs ASX:PLL: 0.96

A closely related ratio is called PB Ratio. As of today, Piedmont Lithium's share price is A$0.23. Piedmont Lithium's Book Value per Sharefor the quarter that ended in Mar. 2024 was A$0.25. Hence, Piedmont Lithium's P/B Ratio of today is 0.94.


Piedmont Lithium Price-to-Tangible-Book Historical Data

The historical data trend for Piedmont 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.

Piedmont Lithium Price-to-Tangible-Book Chart

Piedmont Lithium Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.00 2.73 6.83 2.91 1.67

Piedmont Lithium Quarterly Data
Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.44 3.36 2.20 1.67 0.82

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

For the Other Industrial Metals & Mining subindustry, Piedmont 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.


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

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

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



Piedmont Lithium Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.23/0.245
=0.94

* 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.


Piedmont Lithium Price-to-Tangible-Book Related Terms

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


Piedmont Lithium (ASX:PLL) Business Description

Traded in Other Exchanges
Address
42 E Catawba Street, Belmont, NC, USA, 28012
Piedmont Lithium Inc, is a lithium-based company focused on the development of its Piedmont Lithium Project located within the Carolina TinSpodumene Belt (''TSB'') and along trend to the Hallman Beam and Kings Mountain mines.

Piedmont Lithium (ASX:PLL) Headlines