E79 Gold Mines (ASX:E79) Price-to-Tangible-Book : 0.49 (As of Jun. 05, 2024)

View and export this data going back to 2021. Start your Free Trial

What is E79 Gold Mines Price-to-Tangible-Book?

As of today (2024-06-05), E79 Gold Mines's share price is A$0.035. E79 Gold Mines's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.07. Hence, E79 Gold Mines's Price to Tangible Book Ratio of today is 0.49.

The historical rank and industry rank for E79 Gold Mines's Price-to-Tangible-Book or its related term are showing as below:

ASX:E79' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5 Med: 0.85 Max: 1.43
Current: 0.5

During the past 2 years, E79 Gold Mines's highest Price to Tangible Book Ratio was 1.43. The lowest was 0.50. And the median was 0.85.

ASX:E79's Price-to-Tangible-Book is ranked better than
84.16% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.33 vs ASX:E79: 0.50

A closely related ratio is called PB Ratio. As of today, E79 Gold Mines's share price is A$0.035. E79 Gold Mines's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.07. Hence, E79 Gold Mines's P/B Ratio of today is 0.49.

E79 Gold Mines Price-to-Tangible-Book Historical Data

The historical data trend for E79 Gold Mines'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.

E79 Gold Mines Price-to-Tangible-Book Chart

E79 Gold Mines Annual Data

Trend

Jun22

Jun23

Price-to-Tangible-Book

0.71

0.85

E79 Gold Mines Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			1.43	0.71	0.94	0.85	0.83

Competitive Comparison of E79 Gold Mines's Price-to-Tangible-Book

For the Gold subindustry, E79 Gold Mines'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.

E79 Gold Mines's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, E79 Gold Mines's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where E79 Gold Mines's Price-to-Tangible-Book falls into.

E79 Gold Mines Price-to-Tangible-Book Calculation

E79 Gold Mines's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.035	/	0.072
	=	0.49

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

E79 Gold Mines Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of E79 Gold Mines's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

E79 Gold Mines (ASX:E79) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » E79 Gold Mines Ltd (ASX:E79) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

168 Stirling Highway, First Floor, Nedlands, WA, AUS, 6009

Website

https://www.e79gold.com.au

E79 Gold Mines Ltd is a gold exploration company. It holds two flagship projects in Western Australia, the Laverton South Project in the Lavertongold district and the Jungar Flats Project in the North Murchison region. The company generates revenue from Interest and Other income.

E79 Gold Mines (ASX:E79) Headlines

No Headlines