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MP (MP Materials) Price-to-Tangible-Book : 4.03 (As of Mar. 23, 2025)


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What is MP Materials Price-to-Tangible-Book?

As of today (2025-03-23), MP Materials's share price is $25.90. MP Materials's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was $6.42. Hence, MP Materials's Price to Tangible Book Ratio of today is 4.03.

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

MP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.43   Med: 3.29   Max: 8.01
Current: 4.03

During the past 6 years, MP Materials's highest Price to Tangible Book Ratio was 8.01. The lowest was 2.43. And the median was 3.29.

MP's Price-to-Tangible-Book is ranked worse than
81.51% of 2136 companies
in the Metals & Mining industry
Industry Median: 1.47 vs MP: 4.03

A closely related ratio is called PB Ratio. As of today, MP Materials's share price is $25.90. MP Materials's Book Value per Sharefor the quarter that ended in Dec. 2024 was $6.46. Hence, MP Materials's P/B Ratio of today is 4.01.


MP Materials Price-to-Tangible-Book Historical Data

The historical data trend for MP Materials'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.

MP Materials Price-to-Tangible-Book Chart

MP Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial 6.43 8.01 3.29 2.60 2.43

MP Materials Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.60 2.09 1.91 2.73 2.43

Competitive Comparison of MP Materials's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, MP Materials'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.


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

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

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



MP Materials Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2024 )
=25.90/6.419
=4.03

* 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.


MP Materials Price-to-Tangible-Book Related Terms

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


MP Materials Business Description

Traded in Other Exchanges
Address
1700 S. Pavilion Center Drive, Suite 800, Las Vegas, NV, USA, 89135
MP Materials Corp is the producer of rare earth materials in the Western Hemisphere. The company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility, the only rare earth mining and processing site of scale in North America. The company is also developing a rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas. The company's operations are organized into two reportable segments: Materials and Magnetics.
Executives
James H. Litinsky director, officer: Chairman and CEO C/O MP MATERIALS CORP., 1700 S. PAVILION CENTER DRIVE, SUITE 800, LAS VEGAS NV 89135
Ryan Corbett officer: Chief Financial Officer 1700 S. PAVILION CENTER DR., SUITE 800, LAS VEGAS NV 89135
Elliot Dean Hoops officer: General Counsel and Secretary 1700 S. PAVILION CENTER DR., SUITE 800, LAS VEGAS NV 89135
Michael Stuart Rosenthal officer: Chief Operating Officer 1700 S. PAVILION CENTER DR., SUITE 800, LAS VEGAS NV 89135
Andrew A. Mcknight director, officer: Chief Executive Officer ONE MARKET PLAZA, SPEAR TOWER 42ND FLOOR, SAN FRANCISCO CA 94123
Jhl Capital Group Llc other: See Remarks 1500 N. HALSTED ST., SUITE 200, CHICAGO IL 60642
Arnold W Donald director C/O CARNIVAL CORPORATION, 3655 N.W. 87TH AVENUE, MIAMI FL 33178
Qvt Financial Lp director, 10 percent owner, other: Director by Deputization 888 SEVENTH AVENUE, 43RD FLOOR, NEW YORK NY 10106
Daniel Allen Gold director 6720 VIA AUSTI PARKWAY, SUITE 450, LAS VEGAS NV 89119
Duckworth Connie K director EIGHT WINGS ENTERPRISES, 77 STONE AGTE LANE, LAKE FOREST IL 60045
Maryanne Lavan director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Richard B Myers director C/O NORTHROP GRUMMAN CORPORATION, 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Randall J Weisenburger director C/O WASSERSTEIN PERELLA GROUP, 31 WEST 52ND ST 26TH FLOOR, NEW YORK NY 10019
Sheila Bangalore officer: CSO and General Counsel 6720 VIA AUSTI PARKWAY, SUITE 450, LAS VEGAS NV 89119
Jhl Capital Group Master Fund L.p. other: See Remarks UGLAND HOUSE, SOUTH CHURCH STREET, P.O. BOX 309, GRAND CAYMAN E9 KY1-1104