Verity Resources (ASX:VRL) Price-to-Tangible-Book : 5.33 (As of Jan. 18, 2025)

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

As of today (2025-01-18), Verity Resources's share price is A$0.016. Verity Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.00. Hence, Verity Resources's Price to Tangible Book Ratio of today is 5.33.

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

ASX:VRL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.22 Med: 3.1 Max: 11.11
Current: 1.6

During the past 13 years, Verity Resources's highest Price to Tangible Book Ratio was 11.11. The lowest was 0.22. And the median was 3.10.

ASX:VRL's Price-to-Tangible-Book is ranked worse than
57.14% of 2170 companies
in the Metals & Mining industry
Industry Median: 1.33 vs ASX:VRL: 1.60

A closely related ratio is called PB Ratio. As of today, Verity Resources's share price is A$0.016. Verity Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.00. Hence, Verity Resources's P/B Ratio of today is 5.33.

Verity Resources Price-to-Tangible-Book Historical Data

The historical data trend for Verity 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.

Verity Resources Price-to-Tangible-Book Chart

Verity Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Price-to-Tangible-Book

Get a 7-Day Free Trial

4.35

3.75

4.12

11.11

3.64

Verity Resources Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Price-to-Tangible-Book	Get a 7-Day Free Trial															4.12	5.45	11.11	33.33	3.64

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

For the Other Industrial Metals & Mining subindustry, Verity 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.

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

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

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

Verity Resources Price-to-Tangible-Book Calculation

Verity 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 )
	=	0.016	/	0.003
	=	5.33

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.

Verity Resources Price-to-Tangible-Book Related Terms

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

Verity Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

168 Stirling Highway, Nedlands, Perth, WA, AUS, 6009

Website

https://www.si6metals.com

Si6 Metals Ltd is a mineral exploration company. It focuses on the exploration development for base metals and in particular for nickel and copper and PGEs within the group's tenement portfolio located over the Limpopo belt on the eastern side of Botswana. Its geographical segments include Australia, Botswana, and Brazil. The group's principal activities continue to be exploration at the Maibele Base Metal Project (Botswana), the Monument Gold Project (Western Australia), and exploration projects in Brazil.

Verity Resources Headlines

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