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NOA Lithium Brines (TSXV:NOAL) Price-to-Tangible-Book : 2.31 (As of Jun. 04, 2024)


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What is NOA Lithium Brines Price-to-Tangible-Book?

As of today (2024-06-04), NOA Lithium Brines's share price is C$0.245. NOA Lithium Brines's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.11. Hence, NOA Lithium Brines's Price to Tangible Book Ratio of today is 2.31.

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

TSXV:NOAL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.09   Med: 3.4   Max: 3.4
Current: 2.23

During the past 5 years, NOA Lithium Brines's highest Price to Tangible Book Ratio was 3.40. The lowest was 2.09. And the median was 3.40.

TSXV:NOAL's Price-to-Tangible-Book is ranked worse than
68.3% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.37 vs TSXV:NOAL: 2.23

A closely related ratio is called PB Ratio. As of today, NOA Lithium Brines's share price is C$0.245. NOA Lithium Brines's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.11. Hence, NOA Lithium Brines's P/B Ratio of today is 2.31.


NOA Lithium Brines Price-to-Tangible-Book Historical Data

The historical data trend for NOA Lithium Brines'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.

NOA Lithium Brines Price-to-Tangible-Book Chart

NOA Lithium Brines Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - - 3.40

NOA Lithium Brines Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 4.02 4.81 2.72 3.40

Competitive Comparison of NOA Lithium Brines's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, NOA Lithium Brines'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.


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

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

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



NOA Lithium Brines Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.245/0.106
=2.31

* 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.


NOA Lithium Brines Price-to-Tangible-Book Related Terms

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


NOA Lithium Brines (TSXV:NOAL) Business Description

Traded in Other Exchanges
Address
639 – 5th Avenue S.W, Suite 1250, Calgary, AB, CAN, T2P 0M9
NOA Lithium Brines Inc is a lithium exploration and development company formed to acquire assets with resource potential. The company's projects are in the heart of the prolific Lithium Triangle, in the mining-friendly province of Salta, Argentina, near a multitude of projects and operations, managed by some of the players in the lithium industry.

NOA Lithium Brines (TSXV:NOAL) Headlines

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