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Rare Earth Magnesium Technology Group Holdings (STU:GPS) Price-to-Tangible-Book : 0.05 (As of Jun. 18, 2024)


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What is Rare Earth Magnesium Technology Group Holdings Price-to-Tangible-Book?

As of today (2024-06-18), Rare Earth Magnesium Technology Group Holdings's share price is €0.006. Rare Earth Magnesium Technology Group Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.11. Hence, Rare Earth Magnesium Technology Group Holdings's Price to Tangible Book Ratio of today is 0.05.

The historical rank and industry rank for Rare Earth Magnesium Technology Group Holdings's Price-to-Tangible-Book or its related term are showing as below:

STU:GPS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.09   Med: 0.94   Max: 3.07
Current: 0.1

During the past 13 years, Rare Earth Magnesium Technology Group Holdings's highest Price to Tangible Book Ratio was 3.07. The lowest was 0.09. And the median was 0.94.

STU:GPS's Price-to-Tangible-Book is not ranked
in the Metals & Mining industry.
Industry Median: 1.295 vs STU:GPS: 0.10

A closely related ratio is called PB Ratio. As of today, Rare Earth Magnesium Technology Group Holdings's share price is €0.006. Rare Earth Magnesium Technology Group Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.12. Hence, Rare Earth Magnesium Technology Group Holdings's P/B Ratio of today is 0.05.


Rare Earth Magnesium Technology Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Rare Earth Magnesium Technology Group Holdings'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.

Rare Earth Magnesium Technology Group Holdings Price-to-Tangible-Book Chart

Rare Earth Magnesium Technology Group Holdings Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.01 0.02 0.03 0.05

Rare Earth Magnesium Technology Group Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.03 0.03 0.05

Competitive Comparison of Rare Earth Magnesium Technology Group Holdings's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Rare Earth Magnesium Technology Group Holdings'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.


Rare Earth Magnesium Technology Group Holdings's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rare Earth Magnesium Technology Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Rare Earth Magnesium Technology Group Holdings's Price-to-Tangible-Book falls into.



Rare Earth Magnesium Technology Group Holdings Price-to-Tangible-Book Calculation

Rare Earth Magnesium Technology Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.006/0.113
=0.05

* 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.


Rare Earth Magnesium Technology Group Holdings Price-to-Tangible-Book Related Terms

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Rare Earth Magnesium Technology Group Holdings (STU:GPS) Business Description

Traded in Other Exchanges
Address
The Gateway, 16th Floor, Tower 5, Tsim Sha Tsui, Kowloon, Harbour city, Hong Kong, HKG
Rare Earth Magnesium Technology Group Holdings Ltd is to develop, produce and sell magnesium alloy series products. The company is principally engaged in one single segment, which is manufacturing and selling magnesium-related products. The company's products include magnesium ingots, semi-coke, and ferroalloy. Geographically, it derives the majority of its revenue from Mainland China and also has a presence in Europe.