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As of today (2026-09-05), Leo Lithium's share price is $0.04. Leo Lithium's Tangible Book per Share of Jun. 2025 for the quarter that ended in Jun. 2025 was $0.18. Hence, Leo Lithium's Price to Tangible Book Ratio of today is 0.22.
The historical rank and industry rank for Leo Lithium's Price-to-Tangible-Book or its related term are showing as below:
LLLAF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.12 Med: 3.15 Max: 6.99
Current: 2
During the past 4 years, Leo Lithium's highest Price to Tangible Book Ratio was 6.99. The lowest was 1.12. And the median was 3.15.
LLLAF's Price-to-Tangible-Book is not ranked
in the Metals & Mining industry.
Industry Median: 2.36
vs LLLAF: 2.00
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.
Leo Lithium Price-to-Tangible-Book Related Terms
Leo Lithium Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Leo Lithium'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.
LLLAF vs LITM, XPL, TMRC: Price-to-Tangible-Book Comparison
For the Other Industrial Metals & Mining subindustry, Leo Lithium'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.
Leo Lithium Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Leo Lithium's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Leo Lithium's Price-to-Tangible-Book falls into.
* 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.
Leo Lithium (LLLAF) has a Price-to-Tangible-Book of 0.22 as of Sep. 05, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Leo Lithium and its competitors.
Is Leo Lithium's Price-to-Tangible-Book too high?
Leo Lithium's current Price-to-Tangible-Book is 0.22. The Metals & Mining industry median Price-to-Tangible-Book is 2.36. Leo Lithium's value of 0.22 is 90.7% below this industry median.
How does Leo Lithium's Price-to-Tangible-Book compare to LITM and XPL?
Leo Lithium's Price-to-Tangible-Book of 0.22 can be compared against companies in the Metals & Mining industry. The industry median Price-to-Tangible-Book is 2.36. Leo Lithium's value of 0.22 is 90.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Metals & Mining company?
The median Price-to-Tangible-Book among Metals & Mining companies is 2.36, based on 2,227 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leo Lithium's current Price-to-Tangible-Book of 0.22 is 90.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Leo Lithium and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leo Lithium's current Price-to-Tangible-Book is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leo Lithium stock overvalued right now?
Leo Lithium (LLLAF) has a current Price-to-Tangible-Book of 0.22. The current Price-to-Tangible-Book is 0.22 and 90.7% below the Metals & Mining industry median of 2.36. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Leo Lithium (LLLAF), the current Price-to-Tangible-Book is 0.22 as of Sep. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Leo Lithium Ltd is focused on the development of the Goulamina Lithium Project. The company operates in two segments; The Corporate operation includes the Perth Head Office and Project Team, and The Mali operation includes the development of the Goulamina Project and exploration for minerals.
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