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Kore Potash (LSE:KP2) Price-to-Tangible-Book : 0.51 (As of Jun. 08, 2024)


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What is Kore Potash Price-to-Tangible-Book?

As of today (2024-06-08), Kore Potash's share price is £0.01975. Kore Potash's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was £0.04. Hence, Kore Potash's Price to Tangible Book Ratio of today is 0.51.

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

LSE:KP2' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.12   Med: 0.18   Max: 0.73
Current: 0.66

During the past 10 years, Kore Potash's highest Price to Tangible Book Ratio was 0.73. The lowest was 0.12. And the median was 0.18.

LSE:KP2's Price-to-Tangible-Book is ranked better than
82.43% of 2220 companies
in the Metals & Mining industry
Industry Median: 1.34 vs LSE:KP2: 0.66

A closely related ratio is called PB Ratio. As of today, Kore Potash's share price is £0.01975. Kore Potash's Book Value per Sharefor the quarter that ended in Jun. 2023 was £0.04. Hence, Kore Potash's P/B Ratio of today is 0.51.


Kore Potash Price-to-Tangible-Book Historical Data

The historical data trend for Kore Potash'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.

Kore Potash Price-to-Tangible-Book Chart

Kore Potash Annual Data
Trend Dec14 Dec15 Dec16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.15 0.22 0.18 0.29

Kore Potash Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.22 0.32 0.18 0.17 0.29

Competitive Comparison of Kore Potash's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Kore Potash'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.


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

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

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



Kore Potash Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=0.01975/0.039
=0.51

* 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.


Kore Potash Price-to-Tangible-Book Related Terms

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


Kore Potash (LSE:KP2) Business Description

Traded in Other Exchanges
Address
45 Gresham Street, London, GBR, EC2V 7BG
Kore Potash PLC is an exploration and development company operating in a single segment which is mineral exploration in Central Africa. The primary asset of the company is the Sintoukola Potash SA (SPSA) project in the Republic of Congo. This project comprises the Kola sylvinite and carnallite deposits, the Dougou Extension sylvinite deposit, and the Dougou carnallite deposit.

Kore Potash (LSE:KP2) Headlines

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