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Newfield Resources (ASX:NWF) Price-to-Tangible-Book : 1.13 (As of Jun. 02, 2024)


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What is Newfield Resources Price-to-Tangible-Book?

As of today (2024-06-02), Newfield Resources's share price is A$0.14. Newfield Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.12. Hence, Newfield Resources's Price to Tangible Book Ratio of today is 1.13.

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

ASX:NWF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.81   Med: 2.83   Max: 9.45
Current: 1.13

During the past 11 years, Newfield Resources's highest Price to Tangible Book Ratio was 9.45. The lowest was 0.81. And the median was 2.83.

ASX:NWF's Price-to-Tangible-Book is ranked better than
57.11% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:NWF: 1.13

A closely related ratio is called PB Ratio. As of today, Newfield Resources's share price is A$0.14. Newfield Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.12. Hence, Newfield Resources's P/B Ratio of today is 1.13.


Newfield Resources Price-to-Tangible-Book Historical Data

The historical data trend for Newfield Resources'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.

Newfield Resources Price-to-Tangible-Book Chart

Newfield Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 2.23 5.81 2.89 2.23

Newfield Resources Semi-Annual Data
Jun14 Dec14 Jun15 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 3.59 2.89 2.68 2.23 0.81

Competitive Comparison of Newfield Resources's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, Newfield Resources'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.


Newfield Resources's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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



Newfield Resources Price-to-Tangible-Book Calculation

Newfield Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.14/0.124
=1.13

* 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.


Newfield Resources Price-to-Tangible-Book Related Terms

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


Newfield Resources (ASX:NWF) Business Description

Traded in Other Exchanges
N/A
Address
15 McCabe Street, North Fremantle, WA, AUS, 6159
Newfield Resources Ltd is engaged in mine development and mineral exploration. The firm operates predominantly in the mineral exploration industry in Australia and Africa. The company's project profile includes The Tongo Diamond Project, Kumgbo Kimberlite Project. Its segments consist of Mining & Development Africa, Mineral Exploration Africa, and Corporate. Geographical segments of the company include Australia, Liberia, and Sierra Leone.

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