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Resource Mining (ASX:RMI) Price-to-Tangible-Book : 2.00 (As of Jun. 05, 2024)


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What is Resource Mining Price-to-Tangible-Book?

As of today (2024-06-05), Resource Mining's share price is A$0.018. Resource Mining's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.01. Hence, Resource Mining's Price to Tangible Book Ratio of today is 2.00.

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

ASX:RMI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.17   Med: 2.19   Max: 144.9
Current: 1.8

During the past 13 years, Resource Mining's highest Price to Tangible Book Ratio was 144.90. The lowest was 0.17. And the median was 2.19.

ASX:RMI's Price-to-Tangible-Book is ranked worse than
60.94% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.33 vs ASX:RMI: 1.80

A closely related ratio is called PB Ratio. As of today, Resource Mining's share price is A$0.018. Resource Mining's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.01. Hence, Resource Mining's P/B Ratio of today is 2.00.


Resource Mining Price-to-Tangible-Book Historical Data

The historical data trend for Resource Mining'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.

Resource Mining Price-to-Tangible-Book Chart

Resource Mining 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 - - - 144.90 4.77

Resource Mining 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 - 144.90 6.18 4.77 3.33

Competitive Comparison of Resource Mining's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Resource Mining'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.


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

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

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



Resource Mining Price-to-Tangible-Book Calculation

Resource Mining's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.018/0.009
=2.00

* 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.


Resource Mining Price-to-Tangible-Book Related Terms

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


Resource Mining (ASX:RMI) Business Description

Traded in Other Exchanges
N/A
Address
191 St. Georges Terrace, Level 5, Perth, WA, AUS, 6000
Resource Mining Corp Ltd is an independent Australian minerals company advancing a portfolio of prospective exploration projects focused on the definition of battery minerals in mining jurisdictions. The company holds interests in Finnish Projects and Tanzanian Projects. Exploration activities in Tanzania, Exploration activities in Finland and Corporate activities in Australia. the company derives its revenue from Corporate activities in Australia.

Resource Mining (ASX:RMI) Headlines

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