Leading Edge Materials (TSXV:LEM) Price-to-Tangible-Book : 0.90 (As of May. 16, 2024)

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What is Leading Edge Materials Price-to-Tangible-Book?

As of today (2024-05-16), Leading Edge Materials's share price is C$0.095. Leading Edge Materials's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was C$0.11. Hence, Leading Edge Materials's Price to Tangible Book Ratio of today is 0.90.

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

TSXV:LEM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.44 Med: 1.61 Max: 4.65
Current: 0.86

During the past 13 years, Leading Edge Materials's highest Price to Tangible Book Ratio was 4.65. The lowest was 0.44. And the median was 1.61.

TSXV:LEM's Price-to-Tangible-Book is ranked better than
79.68% of 2229 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSXV:LEM: 0.86

A closely related ratio is called PB Ratio. As of today, Leading Edge Materials's share price is C$0.095. Leading Edge Materials's Book Value per Sharefor the quarter that ended in Jan. 2024 was C$0.11. Hence, Leading Edge Materials's P/B Ratio of today is 0.90.

Leading Edge Materials Price-to-Tangible-Book Historical Data

The historical data trend for Leading Edge 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.

Leading Edge Materials Price-to-Tangible-Book Chart

Leading Edge Materials Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.46

1.30

3.03

1.29

1.38

Leading Edge Materials Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.00	1.65	1.41	1.38	1.37

Competitive Comparison of Leading Edge Materials's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Leading Edge 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.

Leading Edge Materials's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

Leading Edge Materials Price-to-Tangible-Book Calculation

Leading Edge Materials's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	0.095	/	0.106
	=	0.90

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.

Leading Edge Materials Price-to-Tangible-Book Related Terms

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

Leading Edge Materials (TSXV:LEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Leading Edge Materials Corp (TSXV:LEM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

LEMIF:USA LEMSE:Sweden 7FL:Germany

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.leadingedgematerials.com

Leading Edge Materials Corp is a Canada based exploration company. It is involved in the exploration and development of resource properties in Sweden and Finland with corporate operations in Canada. The company is focused on the supply of the materials needed for the generation, storage, and preservation of low carbon energy. The properties owned by the company are Woxna Graphite Mine located in central Sweden, and Norra Karr Mine, a rare earth element resource, located in south-central Sweden, and Bergby project.

Executives

Lars-eric Johansson

Director

Leading Edge Materials (TSXV:LEM) Headlines

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