Vital Battery Metals (XCNQ:VBAM) Price-to-Tangible-Book : 1.24 (As of Jun. 22, 2024)

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What is Vital Battery Metals Price-to-Tangible-Book?

As of today (2024-06-22), Vital Battery Metals's share price is C$0.12. Vital Battery Metals's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was C$0.10. Hence, Vital Battery Metals's Price to Tangible Book Ratio of today is 1.24.

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

XCNQ:VBAM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.2 Med: 4.51 Max: 5.45
Current: 1.2

During the past 2 years, Vital Battery Metals's highest Price to Tangible Book Ratio was 5.45. The lowest was 1.20. And the median was 4.51.

XCNQ:VBAM's Price-to-Tangible-Book is ranked better than
53.31% of 2219 companies
in the Metals & Mining industry
Industry Median: 1.29 vs XCNQ:VBAM: 1.20

A closely related ratio is called PB Ratio. As of today, Vital Battery Metals's share price is C$0.12. Vital Battery Metals's Book Value per Sharefor the quarter that ended in Nov. 2023 was C$0.10. Hence, Vital Battery Metals's P/B Ratio of today is 1.24.

Vital Battery Metals Price-to-Tangible-Book Historical Data

The historical data trend for Vital Battery Metals'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.

Vital Battery Metals Price-to-Tangible-Book Chart

Vital Battery Metals Annual Data

Trend

Feb22

Feb23

Price-to-Tangible-Book

4.70

Vital Battery Metals Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Price-to-Tangible-Book	Get a 7-Day Free Trial			4.58	4.70	2.84	2.80	4.43

Competitive Comparison of Vital Battery Metals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Vital Battery Metals'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.

Vital Battery Metals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Vital Battery Metals's Price-to-Tangible-Book falls into.

Vital Battery Metals Price-to-Tangible-Book Calculation

Vital Battery Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2023 )
	=	0.12	/	0.097
	=	1.24

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.

Vital Battery Metals Price-to-Tangible-Book Related Terms

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

Vital Battery Metals (XCNQ:VBAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vital Battery Metals Inc (XCNQ:VBAM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

VBAMF:USA C0O:Germany

Address

838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6

Website

https://www.vitalbatterymetals.com

Vital Battery Metals Inc is a mineral exploration company dedicated to the development of projects comprising of battery, base and precious metals. The company is working to advance its Vent Copper-Gold project in British Columbia.

Executives

Mandeep Parmar

Director

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