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Prospect Resources (ASX:PSC) Price-to-Tangible-Book : 3.51 (As of May. 27, 2024)


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

As of today (2024-05-27), Prospect Resources's share price is A$0.20. Prospect Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.06. Hence, Prospect Resources's Price to Tangible Book Ratio of today is 3.51.

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

ASX:PSC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7   Med: 2.22   Max: 7.69
Current: 3.33

During the past 13 years, Prospect Resources's highest Price to Tangible Book Ratio was 7.69. The lowest was 0.70. And the median was 2.22.

ASX:PSC's Price-to-Tangible-Book is ranked worse than
78.57% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:PSC: 3.33

A closely related ratio is called PB Ratio. As of today, Prospect Resources's share price is A$0.20. Prospect Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.06. Hence, Prospect Resources's P/B Ratio of today is 3.51.


Prospect Resources Price-to-Tangible-Book Historical Data

The historical data trend for Prospect 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.

Prospect Resources Price-to-Tangible-Book Chart

Prospect 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 1.82 0.70 2.23 0.92 2.54

Prospect 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 7.04 0.92 1.76 2.54 1.56

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

For the Other Industrial Metals & Mining subindustry, Prospect 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.


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

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

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



Prospect Resources Price-to-Tangible-Book Calculation

Prospect 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 )
=0.20/0.057
=3.51

* 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.


Prospect Resources Price-to-Tangible-Book Related Terms

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


Prospect Resources (ASX:PSC) Business Description

Traded in Other Exchanges
Address
33 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005
Prospect Resources Ltd is an Africa-focused battery minerals company based in Perth with operations in Zimbabwe. It explores lithium and gold deposits. The company projects include Arcadia Lithium Project, Good Days Lithium Project, Penhalonga Gold Project, and Gwanda East Project. Its geographical segment includes Australia and Zimbabwe. The company derives the majority of its revenue from Zimbabwe.

Prospect Resources (ASX:PSC) Headlines