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Labrador Iron Mines Holdings (Labrador Iron Mines Holdings) Book Value per Share : $0.06 (As of Dec. 2023)


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What is Labrador Iron Mines Holdings Book Value per Share?

Labrador Iron Mines Holdings's book value per share for the quarter that ended in Dec. 2023 was $0.06.

During the past 12 months, Labrador Iron Mines Holdings's average Book Value Per Share Growth Rate was -1.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Labrador Iron Mines Holdings was 224.00% per year. The lowest was -87.90% per year. And the median was -19.90% per year.

Labrador Iron Mines Holdings's current price is $0.035. Its book value per share for the quarter that ended in Dec. 2023 was $0.06. Hence, today's PB Ratio of Labrador Iron Mines Holdings is 0.59.

During the past 13 years, the highest P/B Ratio of Labrador Iron Mines Holdings was 1.50. The lowest was 0.00. And the median was 0.00.


Labrador Iron Mines Holdings Book Value per Share Historical Data

The historical data trend for Labrador Iron Mines Holdings's Book Value per Share 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.

Labrador Iron Mines Holdings Book Value per Share Chart

Labrador Iron Mines Holdings Annual Data
Trend Mar13 Mar14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.07 0.07 0.06

Labrador Iron Mines Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share 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 0.06 0.06 0.06 0.06 0.06

Competitive Comparison of Labrador Iron Mines Holdings's Book Value per Share

For the Other Industrial Metals & Mining subindustry, Labrador Iron Mines Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Labrador Iron Mines Holdings's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Labrador Iron Mines Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Labrador Iron Mines Holdings's PB Ratio falls into.



Labrador Iron Mines Holdings Book Value per Share Calculation

Labrador Iron Mines Holdings's Book Value Per Share for the fiscal year that ended in Mar. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(9.69-0.00)/162.36
=0.06

Labrador Iron Mines Holdings's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(9.55-0.00)/162.36
=0.06

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Labrador Iron Mines Holdings  (OTCPK:LBRMF) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Labrador Iron Mines Holdings Book Value per Share Related Terms

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Labrador Iron Mines Holdings (Labrador Iron Mines Holdings) Business Description

Traded in Other Exchanges
N/A
Address
55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7
Labrador Iron Mines Holdings Ltd is a mineral resource company. The company through its subsidiaries is engaged in the business of mining iron ore and the exploration and development of direct shipping iron ore. Its projects include James, Redmond, Knob Lake, Houston and Malcolm, Sawyer Lake, Astray Lake and Kivivic Number 1 and 2.

Labrador Iron Mines Holdings (Labrador Iron Mines Holdings) Headlines