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Neo Performance Materials (TSX:NEO) Price-to-Tangible-Book : 0.74 (As of Oct. 31, 2024)


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What is Neo Performance Materials Price-to-Tangible-Book?

As of today (2024-10-31), Neo Performance Materials's share price is C$7.86. Neo Performance Materials's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was C$10.57. Hence, Neo Performance Materials's Price to Tangible Book Ratio of today is 0.74.

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

TSX:NEO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6   Med: 1.27   Max: 2.51
Current: 0.74

During the past 8 years, Neo Performance Materials's highest Price to Tangible Book Ratio was 2.51. The lowest was 0.60. And the median was 1.27.

TSX:NEO's Price-to-Tangible-Book is ranked better than
83.78% of 1492 companies
in the Chemicals industry
Industry Median: 1.835 vs TSX:NEO: 0.74

A closely related ratio is called PB Ratio. As of today, Neo Performance Materials's share price is C$7.86. Neo Performance Materials's Book Value per Sharefor the quarter that ended in Jun. 2024 was C$13.85. Hence, Neo Performance Materials's P/B Ratio of today is 0.57.


Neo Performance Materials Price-to-Tangible-Book Historical Data

The historical data trend for Neo Performance 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.

Neo Performance Materials Price-to-Tangible-Book Chart

Neo Performance Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 1.36 1.68 2.09 0.87 0.73

Neo Performance Materials Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.81 0.76 0.73 0.60 0.78

Competitive Comparison of Neo Performance Materials's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Neo Performance 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.


Neo Performance Materials's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Neo Performance Materials's Price-to-Tangible-Book distribution charts can be found below:

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



Neo Performance Materials Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=7.86/10.572
=0.74

* 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.


Neo Performance Materials Price-to-Tangible-Book Related Terms

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


Neo Performance Materials Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 1740, Toronto, ON, CAN, M5H 3T9
Neo Performance Materials Inc is engaged in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. Its operating segments include Magnequench, Chemicals & Oxides, Rare Metals, and Corporate. The Magnequench segment produces magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron magnets. The Chemicals & Oxides segment manufactures and distributes a broad range of industrial materials. The Rare Metals segment produces specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. Its geographical segments are Asia, North America, Europe, and Others.
Executives
Kevin Morris Senior Officer
Rahim Suleman Director, Senior Officer
Jonathan Baksh Senior Officer
Claire Marie Catherine Kennedy Director, Senior Officer
Yadin Rozov Director
Gregory Kroll Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Constantine Efthymios Karayannopoulos Director, Senior Officer