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NRVTF (Noram Lithium) Price-to-Tangible-Book : 1.80 (As of Apr. 30, 2025)


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What is Noram Lithium Price-to-Tangible-Book?

As of today (2025-04-30), Noram Lithium's share price is $0.09. Noram Lithium's Tangible Book per Share of Oct. 2024 for the quarter that ended in Oct. 2024 was $0.05. Hence, Noram Lithium's Price to Tangible Book Ratio of today is 1.80.

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

NRVTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.09   Med: 2.5   Max: 12.75
Current: 1.8

During the past 13 years, Noram Lithium's highest Price to Tangible Book Ratio was 12.75. The lowest was 0.09. And the median was 2.50.

NRVTF's Price-to-Tangible-Book is ranked worse than
57.74% of 2146 companies
in the Metals & Mining industry
Industry Median: 1.425 vs NRVTF: 1.80

A closely related ratio is called PB Ratio. As of today, Noram Lithium's share price is $0.09. Noram Lithium's Book Value per Sharefor the quarter that ended in Oct. 2024 was $0.05. Hence, Noram Lithium's P/B Ratio of today is 1.80.


Noram Lithium Price-to-Tangible-Book Historical Data

The historical data trend for Noram 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.

* Premium members only.

Noram Lithium Price-to-Tangible-Book Chart

Noram Lithium Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 13.00 11.40 5.91 2.17

Noram Lithium Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 3.95 2.17 1.97 3.09 1.85

Competitive Comparison of Noram Lithium's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Noram 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.


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

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

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


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Noram Lithium Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2024 )
=0.09/0.05
=1.80

* 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.


Noram Lithium Price-to-Tangible-Book Related Terms

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


Noram Lithium Business Description

Traded in Other Exchanges
Address
555 West Hastings Street, Suite 2150, Vancouver, BC, CAN, V6B 4N6
Noram Lithium Corp is engaged in the acquisition and exploration of lithium properties. Its principal asset is the Zeus Lithium Project in Clayton Valley Nevada.