GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TG Metals Ltd (ASX:TG6) » Definitions » Price-to-Tangible-Book

TG Metals (ASX:TG6) Price-to-Tangible-Book : 0.73 (As of May. 05, 2025)


View and export this data going back to 2022. Start your Free Trial

What is TG Metals Price-to-Tangible-Book?

As of today (2025-05-05), TG Metals's share price is A$0.125. TG Metals's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was A$0.17. Hence, TG Metals's Price to Tangible Book Ratio of today is 0.73.

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

ASX:TG6' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.71   Med: 1.15   Max: 1.97
Current: 0.74

During the past 3 years, TG Metals's highest Price to Tangible Book Ratio was 1.97. The lowest was 0.71. And the median was 1.15.

ASX:TG6's Price-to-Tangible-Book is ranked better than
73.31% of 2143 companies
in the Metals & Mining industry
Industry Median: 1.41 vs ASX:TG6: 0.74

A closely related ratio is called PB Ratio. As of today, TG Metals's share price is A$0.125. TG Metals's Book Value per Sharefor the quarter that ended in Dec. 2024 was A$0.17. Hence, TG Metals's P/B Ratio of today is 0.73.


TG Metals Price-to-Tangible-Book Historical Data

The historical data trend for TG Metals'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.

TG Metals Price-to-Tangible-Book Chart

TG Metals Annual Data
Trend Jun22 Jun23 Jun24
Price-to-Tangible-Book
1.24 1.24 0.98

TG Metals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Price-to-Tangible-Book Get a 7-Day Free Trial 1.06 1.24 1.97 0.98 0.87

Competitive Comparison of TG Metals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, TG Metals'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.


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

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

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


;
;

TG Metals Price-to-Tangible-Book Calculation

TG Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2024 )
=0.125/0.172
=0.73

* 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.


TG Metals Price-to-Tangible-Book Related Terms

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


TG Metals Business Description

Traded in Other Exchanges
N/A
Address
28 Ord Street, Suite 3, Level 2, West Perth, Perth, WA, AUS, 6005
TG Metals Ltd is an exploration company. The firm's purpose is to pursue nickel, lithium, gold, and other mineral exploration and potential development opportunities in Western Australia and globally. It holds interest in Lake Johnston projects and Bremer Range Project.

TG Metals Headlines

No Headlines