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ARK Mines (ASX:AHK) Price-to-Tangible-Book : 1.40 (As of Jun. 04, 2024)


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What is ARK Mines Price-to-Tangible-Book?

As of today (2024-06-04), ARK Mines's share price is A$0.17. ARK Mines's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.12. Hence, ARK Mines's Price to Tangible Book Ratio of today is 1.40.

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

ASX:AHK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.36   Med: 3.13   Max: 316.67
Current: 1.42

During the past 13 years, ARK Mines's highest Price to Tangible Book Ratio was 316.67. The lowest was 1.36. And the median was 3.13.

ASX:AHK's Price-to-Tangible-Book is ranked worse than
51.24% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.37 vs ASX:AHK: 1.42

A closely related ratio is called PB Ratio. As of today, ARK Mines's share price is A$0.17. ARK Mines's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.12. Hence, ARK Mines's P/B Ratio of today is 1.40.


ARK Mines Price-to-Tangible-Book Historical Data

The historical data trend for ARK Mines'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.

ARK Mines Price-to-Tangible-Book Chart

ARK Mines Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.45 3.13

ARK Mines Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.82 1.45 2.03 3.13 1.74

Competitive Comparison of ARK Mines's Price-to-Tangible-Book

For the Gold subindustry, ARK Mines'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.


ARK Mines's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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



ARK Mines Price-to-Tangible-Book Calculation

ARK Mines's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.17/0.121
=1.40

* 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.


ARK Mines Price-to-Tangible-Book Related Terms

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


ARK Mines (ASX:AHK) Business Description

Traded in Other Exchanges
N/A
Address
19 - 29 Martin Place, Level 9, MLC Centre, Sydney, NSW, AUS, 2000
ARK Mines Ltd is engaged in the exploration, evaluation, and development of gold and other mineral deposits in Australia. The projects of the company include the Gunnawarra Project, Pluton Gold Project, Mt Jesse Project, and Sandy Mitchell.

ARK Mines (ASX:AHK) Headlines

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