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Sarama Resources (ASX:SRR) Price-to-Tangible-Book : 2.63 (As of May. 25, 2024)


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

As of today (2024-05-25), Sarama Resources's share price is A$0.021. Sarama Resources's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was A$0.01. Hence, Sarama Resources's Price to Tangible Book Ratio of today is 2.63.

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

ASX:SRR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.17   Med: 3.93   Max: 40
Current: 2.1

During the past 13 years, Sarama Resources's highest Price to Tangible Book Ratio was 40.00. The lowest was 0.17. And the median was 3.93.

ASX:SRR's Price-to-Tangible-Book is ranked worse than
62.99% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:SRR: 2.10

A closely related ratio is called PB Ratio. As of today, Sarama Resources's share price is A$0.021. Sarama Resources's Book Value per Sharefor the quarter that ended in Mar. 2024 was A$0.01. Hence, Sarama Resources's P/B Ratio of today is 2.63.


Sarama Resources Price-to-Tangible-Book Historical Data

The historical data trend for Sarama 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.

Sarama Resources Price-to-Tangible-Book Chart

Sarama Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.92 1.82

Sarama Resources Quarterly Data
Jun19 Sep19 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 5.53 3.55 1.25 1.82 2.50

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

For the Gold subindustry, Sarama 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.


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

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

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



Sarama Resources Price-to-Tangible-Book Calculation

Sarama Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.021/0.008
=2.63

* 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.


Sarama Resources Price-to-Tangible-Book Related Terms

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


Sarama Resources (ASX:SRR) Business Description

Traded in Other Exchanges
Address
245 Churchill Avenue, Suit 8, Subiaco, Perth, WA, AUS, 6008
Sarama Resources Ltd is an exploration and development stage company with gold projects in Burkina Faso, West Africa. The company's key project is the 100%-owned Sanutura Project which hosts a multi-million-ounce mineral resource. It has additional exposure to exploration success through its 100% interest in the nearby Koumandara Project where early-stage exploration has defined several corridors of gold anomalism that extend up to 40km in length. It has one business segment, being the acquisition, exploration and potential development of mineral properties.

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