Macarthur Minerals (ASX:MIO) Price-to-Tangible-Book : 0.13 (As of Jun. 07, 2024)

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What is Macarthur Minerals Price-to-Tangible-Book?

As of today (2024-06-07), Macarthur Minerals's share price is A$0.061. Macarthur Minerals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.45. Hence, Macarthur Minerals's Price to Tangible Book Ratio of today is 0.13.

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

ASX:MIO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.14 Med: 0.45 Max: 1.48
Current: 0.14

During the past 13 years, Macarthur Minerals's highest Price to Tangible Book Ratio was 1.48. The lowest was 0.14. And the median was 0.45.

ASX:MIO's Price-to-Tangible-Book is ranked better than
98.96% of 2220 companies
in the Metals & Mining industry
Industry Median: 1.34 vs ASX:MIO: 0.14

A closely related ratio is called PB Ratio. As of today, Macarthur Minerals's share price is A$0.061. Macarthur Minerals's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.45. Hence, Macarthur Minerals's P/B Ratio of today is 0.13.

Macarthur Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Macarthur Minerals'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.

Macarthur Minerals Price-to-Tangible-Book Chart

Macarthur Minerals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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0.15

1.04

1.05

0.35

Macarthur Minerals 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	Get a 7-Day Free Trial															0.35	0.35	0.47	0.38	0.28

Competitive Comparison of Macarthur Minerals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Macarthur Minerals'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.

Macarthur Minerals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

Macarthur Minerals Price-to-Tangible-Book Calculation

Macarthur Minerals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.061	/	0.453
	=	0.13

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.

Macarthur Minerals Price-to-Tangible-Book Related Terms

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

Macarthur Minerals (ASX:MIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Macarthur Minerals Ltd (ASX:MIO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MMSLF:USA MMS:Canada

Address

Building 1, 40 McDougall Street, Suite 1G, Kings Row Office Park, Milton, QLD, AUS, 4064

Website

https://www.macarthurminerals.com

Macarthur Minerals Ltd is an exploration and development company. The company is focused on identifying gold, nickel and developing high-grade lithium, as well as countercyclical investments with lithium exploration interests in Australia and Nevada. In addition, the group has three Iron Ore projects Yilgarn region of Western Australia; the Ularring hematite project, the Moonshine magnetite project, and the Treppo Grande project. The other projects of the company include Tambourah Lithium; Hillside Gold; Panorama Gold; Bonnie Scot Gold; and Reynolds Springs Lithium.