Altona Rare Earths (LSE:REE) Price-to-Tangible-Book : 0.78 (As of May. 06, 2024)

Altona Rare Earths Price-to-Tangible-Book Chart

Altona Rare Earths Annual Data
	Trend	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22
Price-to-Tangible-Book		Get a 7-Day Free Trial					0.44	-	-	11.79	4.58

Altona Rare Earths Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															11.79	5.16	5.00	18.33	1.25

Competitive Comparison of Altona Rare Earths's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Altona Rare Earths'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.

Altona Rare Earths's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

Altona Rare Earths Price-to-Tangible-Book Calculation

Altona Rare Earths's price-to-tangible-book ratio for today is calculated as:

* 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.

Altona Rare Earths Price-to-Tangible-Book Related Terms

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

Altona Rare Earths (LSE:REE) Business Description