Copperstone Resources AB (OSTO:COPP) Price-to-Tangible-Book : 1.71 (As of May. 16, 2024)

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What is Copperstone Resources AB Price-to-Tangible-Book?

As of today (2024-05-16), Copperstone Resources AB's share price is kr23.15. Copperstone Resources AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr13.50. Hence, Copperstone Resources AB's Price to Tangible Book Ratio of today is 1.71.

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

OSTO:COPP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6 Med: 1.88 Max: 12.28
Current: 1.71

During the past 13 years, Copperstone Resources AB's highest Price to Tangible Book Ratio was 12.28. The lowest was 0.60. And the median was 1.88.

OSTO:COPP's Price-to-Tangible-Book is ranked worse than
57.9% of 2228 companies
in the Metals & Mining industry
Industry Median: 1.35 vs OSTO:COPP: 1.71

A closely related ratio is called PB Ratio. As of today, Copperstone Resources AB's share price is kr23.15. Copperstone Resources AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr13.50. Hence, Copperstone Resources AB's P/B Ratio of today is 1.71.

Copperstone Resources AB Price-to-Tangible-Book Historical Data

The historical data trend for Copperstone Resources AB'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.

Copperstone Resources AB Price-to-Tangible-Book Chart

Copperstone Resources AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.94

1.80

2.88

1.99

1.80

Copperstone Resources AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.19	1.72	1.78	1.80	1.70

Competitive Comparison of Copperstone Resources AB's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Copperstone Resources AB'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.

Copperstone Resources AB's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Copperstone Resources AB's Price-to-Tangible-Book falls into.

Copperstone Resources AB Price-to-Tangible-Book Calculation

Copperstone Resources AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	23.15	/	13.501
	=	1.71

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Copperstone Resources AB Price-to-Tangible-Book Related Terms

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

Copperstone Resources AB (OSTO:COPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Copperstone Resources AB (OSTO:COPP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

5KP:Germany

Address

Verkstadsvagen 52, Kopparberg, SWE, 714 36

Website

http://www.copperstone.se

Copperstone Resources AB is a Sweden-based exploration and mining company in the Industrial Metals and Mining division. It is primarily focused on developing the Viscaria copper mine in the region of Kiruna in northern Sweden. The company explores for copper, gold, zink, lead, and other minerals. It also holds interests in projects in Arvidsjaur (Eva, Svartliden, Granliden) and in Smedjebacken (Tvistbo), all located in the northern Sweden.