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Lithium Americas (Argentina) (TSX:LAAC) Price-to-Tangible-Book : 1.00 (As of May. 18, 2024)


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What is Lithium Americas (Argentina) Price-to-Tangible-Book?

As of today (2024-05-18), Lithium Americas (Argentina)'s share price is C$6.88. Lithium Americas (Argentina)'s Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$6.89. Hence, Lithium Americas (Argentina)'s Price to Tangible Book Ratio of today is 1.00.

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

TSX:LAAC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4   Med: 1.38   Max: 4.18
Current: 1

During the past 13 years, Lithium Americas (Argentina)'s highest Price to Tangible Book Ratio was 4.18. The lowest was 0.40. And the median was 1.38.

TSX:LAAC's Price-to-Tangible-Book is ranked better than
63.16% of 2226 companies
in the Metals & Mining industry
Industry Median: 1.365 vs TSX:LAAC: 1.00

A closely related ratio is called PB Ratio. As of today, Lithium Americas (Argentina)'s share price is C$6.88. Lithium Americas (Argentina)'s Book Value per Sharefor the quarter that ended in Mar. 2024 was C$6.89. Hence, Lithium Americas (Argentina)'s P/B Ratio of today is 1.00.


Lithium Americas (Argentina) Price-to-Tangible-Book Historical Data

The historical data trend for Lithium Americas (Argentina)'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.

Lithium Americas (Argentina) Price-to-Tangible-Book Chart

Lithium Americas (Argentina) Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 2.67 2.62 1.31 1.21

Lithium Americas (Argentina) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.24 1.05 0.88 1.21 1.06

Competitive Comparison of Lithium Americas (Argentina)'s Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Lithium Americas (Argentina)'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.


Lithium Americas (Argentina)'s Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lithium Americas (Argentina)'s Price-to-Tangible-Book falls into.



Lithium Americas (Argentina) Price-to-Tangible-Book Calculation

Lithium Americas (Argentina)'s price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=6.88/6.891
=1.00

* 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.


Lithium Americas (Argentina) Price-to-Tangible-Book Related Terms

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


Lithium Americas (Argentina) (TSX:LAAC) Business Description

Traded in Other Exchanges
Address
900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5
Lithium Argentina is a pure-play lithium producer. The company owns two neighboring lithium brine resources in northwest Argentina: Chauchari-Olaroz and Pastos Grandes. Chauchari-Olaroz entered production in 2023, while Pastos Grandes is still in development. Lithium Argentina plans for both resources to be fully integrated with onside downstream processing capabilities and will sell into the lithium chemical market.
Executives
Juan Diego Lopez Casanello Director

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