American Lithium (TSXV:LI) Price-to-Tangible-Book : 0.98 (As of Apr. 30, 2024)

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

As of today (2024-04-30), American Lithium's share price is C$0.79. American Lithium's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was C$0.81. Hence, American Lithium's Price to Tangible Book Ratio of today is 0.98.

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

TSXV:LI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.15 Med: 2.73 Max: 700
Current: 0.98

During the past 13 years, American Lithium's highest Price to Tangible Book Ratio was 700.00. The lowest was 0.15. And the median was 2.73.

TSXV:LI's Price-to-Tangible-Book is ranked better than
62.24% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.325 vs TSXV:LI: 0.98

A closely related ratio is called PB Ratio. As of today, American Lithium's share price is C$0.79. American Lithium's Book Value per Sharefor the quarter that ended in Nov. 2023 was C$0.81. Hence, American Lithium's P/B Ratio of today is 0.98.

American Lithium Price-to-Tangible-Book Historical Data

The historical data trend for American 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.

American Lithium Price-to-Tangible-Book Chart

American Lithium Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.29

19.58

24.48

3.49

4.26

American Lithium Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.24	4.26	2.87	2.57	1.90

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

For the Other Industrial Metals & Mining subindustry, American 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.

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

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

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

American Lithium Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2023 )
	=	0.79	/	0.805
	=	0.98

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.

American Lithium Price-to-Tangible-Book Related Terms

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

American Lithium (TSXV:LI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Lithium Corp (TSXV:LI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AMLI:USA 5LA1:Germany

Address

1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.americanlithiumcorp.com

American Lithium Corp is an exploration-stage company. It is engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas. Its current focus is on developing its strategically located TLC lithium claystone project in the richly mineralized Esmeralda lithium district in Nevada, enabling the shift to a new energy paradigm. In addition, Falchani lithium and Macusani uranium development-stage projects are being advanced in southeastern Peru.