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Arizona Lithium (ASX:AZL) Price-to-Tangible-Book : 0.88 (As of Jun. 04, 2024)


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What is Arizona Lithium Price-to-Tangible-Book?

As of today (2024-06-04), Arizona Lithium's share price is A$0.023. Arizona Lithium's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.03. Hence, Arizona Lithium's Price to Tangible Book Ratio of today is 0.88.

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

ASX:AZL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77   Med: 4.75   Max: 10.5
Current: 0.77

During the past 13 years, Arizona Lithium's highest Price to Tangible Book Ratio was 10.50. The lowest was 0.77. And the median was 4.75.

ASX:AZL's Price-to-Tangible-Book is ranked better than
71.05% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:AZL: 0.77

A closely related ratio is called PB Ratio. As of today, Arizona Lithium's share price is A$0.023. Arizona Lithium's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.03. Hence, Arizona Lithium's P/B Ratio of today is 0.88.


Arizona Lithium Price-to-Tangible-Book Historical Data

The historical data trend for Arizona Lithium'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.

Arizona Lithium Price-to-Tangible-Book Chart

Arizona Lithium Annual Data
Trend Jun11 Jun12 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.67 - 8.33 4.32 1.14

Arizona Lithium Semi-Annual Data
Dec12 Dec13 Dec14 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 10.50 4.32 2.95 1.14 1.19

Competitive Comparison of Arizona Lithium's Price-to-Tangible-Book

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


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

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

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



Arizona Lithium Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.023/0.026
=0.88

* 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.


Arizona Lithium Price-to-Tangible-Book Related Terms

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


Arizona Lithium (ASX:AZL) Business Description

Traded in Other Exchanges
Address
10 Outram Street, West Perth, Perth, WA, AUS, 6005
Arizona Lithium Ltd is an Australian company focused on the development and exploration of its US lithium assets. The company is engaged in the development of its Big Sandy Lithium Project in Arizona and Lordsburg Lithium Project in New Mexico.

Arizona Lithium (ASX:AZL) Headlines

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