GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Frontier Lithium Inc (TSXV:FL) » Definitions » Price-to-Tangible-Book

Frontier Lithium (TSXV:FL) Price-to-Tangible-Book : 9.67 (As of Apr. 30, 2024)


View and export this data going back to 1995. Start your Free Trial

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

As of today (2024-04-30), Frontier Lithium's share price is C$0.88. Frontier Lithium's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.09. Hence, Frontier Lithium's Price to Tangible Book Ratio of today is 9.67.

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

TSXV:FL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.38   Med: 6.16   Max: 29.11
Current: 9.78

During the past 13 years, Frontier Lithium's highest Price to Tangible Book Ratio was 29.11. The lowest was 2.38. And the median was 6.16.

TSXV:FL's Price-to-Tangible-Book is ranked worse than
94.59% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSXV:FL: 9.78

A closely related ratio is called PB Ratio. As of today, Frontier Lithium's share price is C$0.88. Frontier Lithium's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.09. Hence, Frontier Lithium's P/B Ratio of today is 9.67.


Frontier Lithium Price-to-Tangible-Book Historical Data

The historical data trend for Frontier 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.

Frontier Lithium Price-to-Tangible-Book Chart

Frontier Lithium Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 26.67 18.89 29.11 14.04

Frontier Lithium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 12.88 14.04 14.72 10.96 8.35

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

For the Other Industrial Metals & Mining subindustry, Frontier 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.


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

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

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



Frontier Lithium Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.88/0.091
=9.67

* 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.


Frontier Lithium Price-to-Tangible-Book Related Terms

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


Frontier Lithium (TSXV:FL) Business Description

Traded in Other Exchanges
Address
2736 Belisle Drive, Val Caron, ON, CAN, P3N 1B3
Frontier Lithium Inc is engaged in the acquisition, exploration, and development of mining properties. The company has a land position on Electric Avenue, Ontario's newly emerging premium lithium-metal district hosted in the Canadian Shield of northwestern Ontario. The company project includes PAK Lithium Project, Spark Deposit, Bolt Pegmatite, and Pennock Pegmatite.