IRC (FRA:2I8) Price-to-Tangible-Book : 0.39 (As of Jun. 05, 2024)

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What is IRC Price-to-Tangible-Book?

As of today (2024-06-05), IRC's share price is €0.012. IRC's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.03. Hence, IRC's Price to Tangible Book Ratio of today is 0.39.

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

FRA:2I8' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.14 Med: 0.4 Max: 2.26
Current: 1.2

During the past 13 years, IRC's highest Price to Tangible Book Ratio was 2.26. The lowest was 0.14. And the median was 0.40.

FRA:2I8's Price-to-Tangible-Book is ranked better than
84.34% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.33 vs FRA:2I8: 1.20

A closely related ratio is called PB Ratio. As of today, IRC's share price is €0.012. IRC's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.03. Hence, IRC's P/B Ratio of today is 0.39.

IRC Price-to-Tangible-Book Historical Data

The historical data trend for IRC'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.

IRC Price-to-Tangible-Book Chart

IRC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.29

0.32

0.38

0.20

0.26

IRC 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															0.38	0.31	0.20	0.01	0.26

Competitive Comparison of IRC's Price-to-Tangible-Book

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

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

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

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

IRC Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.012	/	0.031
	=	0.39

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.

IRC Price-to-Tangible-Book Related Terms

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

IRC (FRA:2I8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » IRC Ltd (FRA:2I8) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

01029:Hong Kong

Address

6H, 9 Queen’s Road Central, Central District, Hong Kong Special Administrative Region, of the People’s Republic of China, Hong Kong, HKG

Website

http://www.ircgroup.com.hk

IRC Ltd operates as an investment holding company, which is engaged in the production and development of iron ore. Its business activity of the firm is operated through various segments namely Mines in Production, Mines in Development, Engineering, and Others. The Mines in Production segment consists of projects in the production phase; the Mines in Development segment includes the exploration and development phase of the iron ore projects; the Engineering segment is engaged in the in-house engineering and scientific expertise related to Giproruda; the Other segment is mainly engaged in the production of vanadium pentoxides and related products. It has a geographical business presence in the region of the People's Republic of China and Russia, and the majority revenue comes from PRC.

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