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Freeport-McMoRan (Freeport-McMoRan) Price-to-Tangible-Book

: 4.38 (As of Today)
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As of today (2024-04-19), Freeport-McMoRan's share price is $49.61. Freeport-McMoRan's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $11.34. Hence, Freeport-McMoRan's Price to Tangible Book Ratio of today is 4.38.

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

FCX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.12   Med: 3.45   Max: 4.49
Current: 4.37

During the past 13 years, Freeport-McMoRan's highest Price to Tangible Book Ratio was 4.49. The lowest was 1.12. And the median was 3.45.

FCX's Price-to-Tangible-Book is ranked worse than
84.88% of 2235 companies
in the Metals & Mining industry
Industry Median: 1.33 vs FCX: 4.37

A closely related ratio is called PB Ratio. As of today, Freeport-McMoRan's share price is $49.61. Freeport-McMoRan's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11.63. Hence, Freeport-McMoRan's P/B Ratio of today is 4.26.


Freeport-McMoRan Price-to-Tangible-Book Historical Data

The historical data trend for Freeport-McMoRan'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.

Freeport-McMoRan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.14 3.88 4.48 3.59 3.75

Freeport-McMoRan Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 3.59 3.65 3.54 3.25 3.75

Competitive Comparison

For the Copper subindustry, Freeport-McMoRan'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.


Freeport-McMoRan Price-to-Tangible-Book Distribution

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

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



Freeport-McMoRan Price-to-Tangible-Book Calculation

Freeport-McMoRan's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=49.61/11.339
=4.38

* 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.


Freeport-McMoRan Price-to-Tangible-Book Related Terms

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


Freeport-McMoRan (Freeport-McMoRan) Business Description

Address
333 North Central Avenue, Phoenix, AZ, USA, 85004-2189
Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold, and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia; and mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru. It derives key revenue from the sale of Copper.
Executives
Sara Grootwassink Lewis director C/O CAPITALSOURCE INC., 4445 WILLARD AVENUE, 12TH FLOOR, CHEVY CHASE MD 20815
Ellie L. Mikes officer: Chief Accounting Officer 333 N. CENTRAL AVE., PHOENIX AZ 85004
Currault Douglas N. Ii officer: Senior VP & General Counsel 333 N. CENTRAL AVENUE, PHOENIX AZ 85004
Ryan Michael Lance director SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Marcela E Donadio director 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
David P Abney director 55 GLENLAKE PARWAY, NE, ATLANTA GA 30328
Robert W. Dudley director 333 NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Dustan E Mccoy director
Hugh Grant director C/O PPG INDUSTRIES, INC., 1 PPG PLACE, PITTSBURGH PA 15272
Whitmire C Donald Jr officer: Vice President and Controller
Maree E. Robertson officer: SVP & CFO 333 N. CENTRAL AVE., PHOENIX AZ 85004
Stephen T. Higgins officer: Senior VP & CAO 333 N. CENTRAL AVENUE, PHOENIX AZ 85004
Kathleen L Quirk officer: SVP, CFO, Treasurer 1615 POYDRAS STREET, NEW ORLEANS LA 70112
Richard C Adkerson officer: President and CFO
Gerald J Ford director 200 CRESCENT CT STE 1350, DALLAS TX 75201