Rubix Resources (ASX:RB6) Price-to-Tangible-Book : 1.67 (As of Sep. 24, 2024)

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

As of today (2024-09-24), Rubix Resources's share price is A$0.075. Rubix Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.05. Hence, Rubix Resources's Price to Tangible Book Ratio of today is 1.67.

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

ASX:RB6' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.12 Med: 1.68 Max: 3.48
Current: 1.5

During the past 2 years, Rubix Resources's highest Price to Tangible Book Ratio was 3.48. The lowest was 1.12. And the median was 1.68.

ASX:RB6's Price-to-Tangible-Book is ranked worse than
56.2% of 2219 companies
in the Metals & Mining industry
Industry Median: 1.26 vs ASX:RB6: 1.50

A closely related ratio is called PB Ratio. As of today, Rubix Resources's share price is A$0.075. Rubix Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.05. Hence, Rubix Resources's P/B Ratio of today is 1.67.

Rubix Resources Price-to-Tangible-Book Historical Data

The historical data trend for Rubix 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.

Rubix Resources Price-to-Tangible-Book Chart

Rubix Resources Annual Data

Trend

Jun22

Jun23

Price-to-Tangible-Book

1.12

3.48

Rubix Resources Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	1.68	1.12	1.65	3.48	2.00

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

For the Other Precious Metals & Mining subindustry, Rubix 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.

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

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

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

Rubix Resources Price-to-Tangible-Book Calculation

Rubix 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 )
	=	0.075	/	0.045
	=	1.67

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.

Rubix Resources Price-to-Tangible-Book Related Terms

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

Rubix Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rubix Resources Ltd (ASX:RB6) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 St Georges Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.rubixresources.com.au

Rubix Resources Ltd is an exploration and mining company. It explores copper, nickel, zinc and gold minerals. The firm is engaged in the exploration of the Paperbark Project which is located near the Gulf of Carpentaria of Northwest Queensland, Australia. Etheridge Project is located in the Etheridge Goldfield of Georgetown Inlier, north Queensland. The Lake Johnston Project is located approximately 105km west of Norseman and covers the large salt pans of Lake Johnston. The Collurabbie North Project is located in the North-Eastern Goldfields Province of Western Australia.

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